Italy’s Simplification Decree Introduces Measures to Facilitate Company Recapitalization
By EsqSocial Corporation 21/10/20
The provisions aim to help Italian companies overcome a lack of liquidity caused by the COVID-19 pandemic. Facilitation of capital increases - Law Decree no. 76 of 16 July 2020 (the Simplification Decree), converted with amendments by Law no. 120 of 11 September 2020 (entered into force on 15 September 2020), has introduced provisions on corporate matters to facilitate capital increases by Italian companies. In particular, article 44 of the Simplification Decree, as amended by Law 120/2020,...
By: Latham & Watkins LLP