Novelties for composition with creditors and their effects on reclassification for quality of debtor’s credit
Analysed by BI, novelties related to unconditional arrangement with creditors (art. 161 of the Bankruptcy Law) and arrangement with business continuity (art. 186-bis of the Bankruptcy Law) for what concerns supervisory notifications, classification in the balance sheet as at 31.12.2013 and Central Risks Register.
(Supervisory Bulletin no. 2, February 2014)