The La Perla case and the outlook for cross-border insolvency proceedings

Article by Antonio Martini.

The La Perla case marked a landmark moment for cross-border insolvencies between Italy and the United Kingdom after Brexit.
Key participants in the proceedings recount the case, which involved parallel processes before the Bologna Court and the High Court of Justice.
It served as a testing ground for several “firsts” in the use of international cooperation tools between the two jurisdictions, providing valuable insights into the challenges and potential solutions for managing cross-border corporate crises in the post-Brexit landscape.

The full article is available on Diritto Bancario.