Clifford Chance

The Italian Government adopts new measures aimed at pursuing the efficiency of enforcement proceedings

17 May 2016

Following the 2015 reforms introducing key amendments to shorten the length of Italian enforcement proceedings involving both movable and immovable properties, the Italian Government took another step towards the reduction of the time required to satisfy creditors' claims with the approval of law decree no. 59/2016 (the "Decree").The Decree entered into force on 4 May 2016 following publication in the Italian Gazzetta Ufficiale on 3 May 2016. Conversion into law shall occur by and no later than 60 days following the publication date.

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