Italy: Corporate and Company Law

The European Union's Directive (EU) 2026/799 introduces the pre-pack procedure to address the longstanding fragmentation of national insolvency laws across Europe, aiming to preserve viable businesses that would otherwise be dismantled due to timing mismatches between corporate crises and market reactions. This two-stage mechanism promises to reduce legal uncertainty and stabilize the EU single market, but raises critical questions about moral hazard, confidentiality, and the corporate governance structures

Nearly one year after the Italian government enacted the reform to Article 2407 of the Italian Civil Code: doubts concerning the liability for members of the board of statutory auditors remain.

The recent ruling No. 27719 of 17 October 2025 by the Italian Supreme Court of Cassation (Labour Section) addresses a critical issue for companies operating across...