Bankruptcy Law

Bankruptcy law, being one of the law matters mainly affected by national and international financial vicissitudes, is one of the areas in which the legal firm Giorgio Tarzia e Associati has a solid expertise.

Giorgio Tarzia e Associati’s clients are mainly banks, leasing and factoring companies, other financial companies, commercial enterprises and special bodies appointed by the Judicial Authority in the context of insolvency proceedings.

Federica Commisso, besides, is often appointed as bankruptcy receiver.

Giorgio Tarzia e Associati practice areas are:

• all the phases of bankruptcy proceedings, administrative compulsory liquidation and extraordinary administration;
• composition with creditors, debt restructuring arrangements and recovery plans.

The broad network of lawyers working with the Firm and the cross-support of the bodies involved in the insolvency proceedings ensure to Giorgio Tarzia e Associati’s clients a full and highly specialized service.

Giorgio Tarzia e Associati’s lawyers rely on a high level of competence resulting from a constant knowledge development on the evolution of law doctrine and case law, as evidenced by the publication of specialised books and articles, and by a constant cooperation with the most prestigious legal journals.

Besides, Giorgio Tarzia e Associati has a deep knowledge of the case law, which allows the tailoring of the most convenient defensive strategy in the client interest.

The cooperation with the most reputable tax advisors in bankruptcy procedure allows our law firm to assist our clients even in extremely complex technical issues.

Giorgio Tarzia e Associati provides assistance and advisory services in all stages and for all activities in the context of bankruptcy proceedings, administrative compulsory liquidation and extraordinary administration, among which, by importance:

• pre-bankruptcy proceedings,
• determination of the debtor’s liabilities,
• claw-back actions,
• liability actions against administrative, executive and auditing bodies,
• other indemnity actions (actions against banks for undue granting of loans, preferential payments, etc.),
• all the phases of liquidation of assets, distribution to creditors, closure of bankruptcy proceedings and composition with creditors in the context of a bankruptcy proceeding.

Highly remarkable is the activity of defence performed in the claw-back actions in bankruptcy proceedings, in particular when related to banking matters, in which the Firm has a very high specialization, owing to the several litigations and the publications by the Firm’s Associates of books, essays and comments to court decision.

Giorgio Tarzia e Associati’s lawyers assist creditors in evaluating the opportunity to adhere to these proposals (in case of banks, also supplying new financial resources) also providing the relevant defence in relation to the above procedures.