Business Crisis Code and Negotiated Settlement

by Alessandro Malerba

On 15 July 2022, the new Business Crisis and Insolvency Code officially entered into force, a fundamental measure to re-establish the economic and financial balance in our country: the objective of the new Code is to reorder and rationalize the legislation on crises and insolvency of our system, transposing the EU directives.
One of the most important innovations of the new Code it is the mechanism of the Negotiated Settlement of Business Crisis (CNC): if used well, in fact, the CNC allows the entrepreneur to regain control of his company, recognizing advantages and points of attention, avoiding future crises.
Alessandro Malerba, a professional specialized in business crises and Negotiated Settlement, illustrates the potential of this new tool, highlighting the usefulness of a consultant external and independentcapable of supporting entrepreneurs and companies.