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This content was last reviewed around October 2021.

Remark: Italy is a member of the European Union. Please refer to the section "European Union" under Quick Links below to learn more about the implications with respect to the European rules that apply in the field of restructuring and insolvency. The European Restructuring Directive has not yet been implemented in Italy. In January 2021, in fact, Italy has requested the European Commission a one-year extension (i.e., until 17 July 2022) of the deadline to implement the Directive.