Abstract
[Machine translation] The contribution examines art. 84 of the Italian Civil Code, clarifying the purpose of the preventive arrangement and the hierarchy of protected interests. At the center is the adoption of the principle of non-impairment (best interest of creditors) and business continuity as a “half-value”, functional to the satisfaction of creditors. The types of plans (continuity, liquidation, hiring and 'open' forms) and the 'statute' of the continuous composition are then reconstructed, with a focus on non-prevailing continuity, minimum percentage and distribution/priority rules.
| Translated title of the contribution | [Machine translation] Purpose of the preventive composition and types of plan: protected interests and the “statute” of business continuity. |
|---|---|
| Original language | Italian |
| Pages (from-to) | 449-476 |
| Number of pages | 28 |
| Journal | IL DIRITTO FALLIMENTARE E DELLE SOCIETÀ COMMERCIALI |
| Issue number | 3-4 |
| Publication status | Published - 2024 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 16 Peace, Justice and Strong Institutions
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