Introduction

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.