Restructuring & Insolvency


(Chambers Global 2011)

(Legal 500 EMEA 2011)

(Chambers Europe 2012)

(Chambers Europe 2013)

(Chambers Global 2014)

Tonucci & Partners has a wide experience in assisting creditors, companies in crisis, financial advisors, lending banks and potential investors or buyers, as well as directors, shareholders and bankruptcy proceeding bodies, in all the various aspects of bankruptcy and liquidation law in general and in managing business crises.

More specifically, the firm has organised an internal multidisciplinary working team that involves experts in corporate and commercial law, banking and finance, employment, criminal, tax and litigation in order to offer clients complete assistance, ensuring to the clients a constant update according to legislative news and practice.

More specifically, Tonucci & Partners assists clients:

  • with the preparation of debt restructuring and repayment plans for the companies that are experiencing a crisis, and consequent agreements with creditors ("turnaround") in relation to the various instruments granted by law, including restructuring plans (piani di risanamento), restructuring agreements (accordi di ristrutturazione), out-of-court agreements and composition with creditors
  • in identifying potential liabilities of directors and shareholders under the managing of business crisis
  • in the management and assistance of procedural bodies under the bankruptcy procedures, arrangements with creditors, compulsory administrative liquidation and extraordinary administrations
  • in the sale and purchase of businesses, assets or receivables within the liquidation of assets in bankruptcy proceedings
  • in protecting credits within bankruptcy proceedings
  • in protecting clients with regards to credit claims of bankruptcy bodies in relation to the claw-back actions and litigation in general
  • in renegotiating and restructuring the debt with financial entities and borrowers, analysing and adopting the appropriate precautionary measures to protect the client’s interests in adopting business reorganisation plans such as the sale of assets, businesses and receivables, personnel reduction, also as part of collective proceedings, transactions with creditors, repayment plans and moratorium plans.

Contact the Department

For further information, please contact the Department at


Find out more about our publications


Find out more