Liquidity Decree - Restructuring Support Measures
The Italian Government has adopted Law Decree no. 23 of 8 April 20201 (the "Liquidity Decree"), which provides for additional measures to support companies in the current COVID-19 emergency.
The Liquidity Decree has four main goals:
- to strengthen liquidity for businesses;
- to provide for tax measures;
- to strengthen the Government’s special power in areas of strategic importance and avoid “predatory purchases”; and
- to ensure business continuity in going concern during this emergency period.
Click here for a a summary of the key measures introduced in Chapter II (Urgent measures to ensure the going concern of companies) of the Liquidity Decree.
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