Attorney Gian Paolo Maraini Prepared Liquidation Plan for Genoa Based Real Estate Company.

Attorney Gian Paolo Maraini of Studio Legale De André has drafted the liquidation plan pursuant to Section 182 bis of the Italian Bankruptcy Law, of a Genoa-based real estate company. The plan was recently approved by the Court of Genoa.

Following the crash of the real estate market, the Client company had incurred in about 8 million Euro debt, 98% of which with banks and private suppliers. The plan prepared and negotiated by Attorney Maraini has allowed the Client company to significantly reduce its functional debt and proceed with its winding up “in bonis”.