77994 - DIRITTO DELLA CRISI DI IMPRESA

Learning outcomes

Aim of the course is giving the students a deep and complete knowledge of Italian insolvency law and a framework of European law on the crisis. It will be studied European Regulation n. 848-2015, on insolvency proceedings, together with Italian law governing the following proceedings: “liquidazione giudiziale” (bankruptcy), “concordato preventivo”, “accordi di ristrutturazione dei debiti” and “piani di risanamento” (agreements with creditors), “liquidazione coatta amministrativa” (compulsory administrative liquidation), “amministrazione straordinaria delle grandi imprese in stato di insolvenza” (extraordinary administration of big corporations in state of insolvency). Specific focus will be also given to European and Italian law on overindebtedness.

Course contents

Insolvency Regulation n. 848/2015

Directive n. 2019/1023

The new Code of crisis and insolvency

Modulo 1 - Prof. Guerrieri - Insolvency proceedings

Modulo 2 - Prof.ssa Avolio - Legal instruments for regulation of crisis and insolvency 

Readings/Bibliography

1. Attending students:

Teaching materials uploaded to "Virtuale" + CIAN, Manuale di diritto commerciale, Giappichelli, Torino, 2025, pp. 183-300.

2. Non attending students:

IRRERA, PASQUARIELLO F., PERRINO, Lineamenti di diritto della crisi e dell'insolvenza, Zanichelli, Bologna, last edition, or

PACCHI, AMBROSINI, Diritto della crisi e dell'insolvenza, Zanichelli, Bologna, last edition + CIAN, Manuale di diritto commerciale, Giappichelli, Torino, 2025, pp. 292-300.

3. For students particularly interested in the subject or in writing degree thesis:

NIGRO, VATTERMOLI, Diritto della crisi delle imprese, Il Mulino, Bologna, last edition, or

D'ATTORRE, Manuale di diritto della crisi e dell'insolvenza, Giappichelli, Torino, last edition, or

FABIANI, Sistema, principi e regole del diritto della crisi d'impresa, La Tribuna, Milano, last edition.

Teaching methods

During the lectures, it will be made a general, social and economic framework of the subjects and a presentation of the main rules stated by our legal system.

Assessment methods

During the oral examination the students will have to show their knowledge of bankruptcy law by discussing three or four subjects studied in their textbooks.

By way of example, the following criteria will be used to assess the final mark (that will be out of 30/30):

- sufficient or barely sufficient knowledge on the programme, limited reasoning ability, some difficulties in using technical and legal language → 18-21/30;

- fairly good knowledge of the programme, adequate critical reasoning ability, sound use of technical and legal language → 22-25/30;

- comprehensive knowledge of the programme, notable reasoning ability, good command of technical and legal language → 26-29/30;

- extensive knowledge of the programme, very good reasoning ability, and ability to fully master technical-legal language → 30-30L/30.

Teaching tools

Apart from the handbooks suggested for studying all the contents of the course, during the lectures (kept by Prof. Guerrieri - Modulo 1 - and Prof.ssa Avolio - Modulo 2) the teacher will indicate other books, articles, judgments about subjects which could be particularly interesting for the students.

Office hours

See the website of Gianluca Guerrieri

See the website of Carla Avolio