Restructuring — Italy

Orrick's Restructuring team in Italy is active in the debt restructuring and bankruptcy sector. Our lawyers assist Italian and foreign clients in:

• Debt restructuring transactions
• Investments in distressed assets (distressed debt and debt portfolios (NPLs) - equity in public or private distressed companies - bankruptcy estates)
• Bankruptcy-related litigation
• Business management in bankruptcy scenarios

Our knowledge of the restructuring tools offered by the recently reformed Italian bankruptcy law enables us to develop innovative techniques in structuring and implementing both debt restructuring as well as investment transactions, thereby creating value for parties interested in acquiring financially distressed companies or assets.

We assist investors in the structuring and carrying out of alternative investments such as the purchase of bankruptcy estates via certain Court procedures and we also assist them in setting up formal and ad hoc bondholders committees or unsecured creditors committees which we also represent in the relevant out-of-court or judicial proceedings.

We counsel and provide opinions on the structure and bankruptcy implications of proposed pre-insolvency procedures, corporate reorganization plans as well as on transactions such as mergers and acquisitions and other transactional work. We provide legal advice on the implications of insolvency on business relationships and assist clients in bankruptcy-related litigation.