Abstract
[Machine translation] Articles 120-bis et seq. of the Code of Business Crisis and Insolvency modify the role normally recognized by the Civil Code, on the one hand, to directors (but the same goes for liquidators) and, on the other, to shareholders in every type of company. The combined reading of the two Codes (civil and crisis) in many cases is not easy to interpret. Given these premises, it seems reasonable to ask: what are the boundaries of the powers of directors in managing the business crisis? To what extent can their choices be mandatory for members? Pending an instrument for regulating the crisis or insolvency, to what extent can shareholders influence managers? But above all, is the company in discontinuity still a shareholder? We will try to answer these and other questions in the present work.
| Translated title of the contribution | [Machine translation] The role of directors or liquidators and the remaining space of shareholders' corporate rights in the light of articles 120-bis and following. CCII |
|---|---|
| Original language | Italian |
| Pages (from-to) | 6-21 |
| Number of pages | 16 |
| Journal | SOCIETÀ & CONTRATTI, BILANCIO & REVISIONE |
| Issue number | 11 |
| Publication status | Published - 2024 |
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