Covid-19 coronavirus update: the Italian Government's Liquidity Decree - new measures for the business sector
Related people
20 April 2020
The Covid-19 coronavirus continues to have a major impact on businesses across all sectors in Italy. On 9 April 2020 decree n. 23 of 8 April 2020 (the so-called Liquidity Decree) came into force.
We have produced a bulletin which provides an overview of some of the significant changes introduced by the Liquidity decree and also clarifies some key questions being raised by our clients:
- Has Italy enacted specific measures concerning insolvency proceedings and distressed companies in order to cope with the Covid-19 coronavirus emergency?
- Changes to rules concerning "Golden Powers"
- Are there any changes to disclosure obligations relating to acquisitions of participations in Italian listed companies?
- Have new deflationary measures been introduced in relation to tender proceedings?
- What are the effects of the Liquidity Decree on administrative proceedings?
- Have deadlines applicable to administrative proceedings, including those concerning the payment of sanctions issued by the National Antitrust Authority, been subject to further suspensions?
- Tax measures
