B2276 - CRISI E RISANAMENTO DELLE IMPRESE (LABORATORIO)

Learning outcomes

At the end of the course, the student acquires the logical and methodological tools for understanding business pathological phenomena for the purpose of criticality diagnosis.

Course contents

Crisis, insolvency and bankruptcy

Causes and circumstances of business crisis

The assessment of business continuity

Diagnosis of business crisis with financial analysis: balance sheet analysis, credit ratios and scoring

Turnaround management

Financial restructuring operations

Divestment strategies

Operational restructuring operations

The recovery plan: structure and articulation

The certified recovery plan pursuant to art. 67, paragraph 3, lett. d) of the Italian Finance Act

The debt restructuring agreements ex art. 182 bis of the l.f.

The arrangement with creditors

The tax transaction

Methods and techniques of "attestation" of a reorganisation plan by the professional

Bankruptcy: prerequisites, declaration of bankruptcy, bodies and procedure, effects of bankruptcy

The other procedures: compulsory liquidation and extraordinary administration

Economic and financial analyses in support of social responsibility actions

Testimonials

Readings/Bibliography

Paletta A., Alimehmeti G. (2022) The efficiency of the Italian preventive agreement: a legal, economic and organizational perspective, International Journal of Law and Management Emerald Publishing Limited 1754-243X DOI 10.1108/IJLMA-01-2021-0028

Paletta A. (2022). Adeguati assetti e loro scalabilità alla luce del Codice della Crisi d'Impresa, in Balestra L., MartinoM., Crisi d'impresa e responsabilità.

D'orazio L., Filocamo F. S., Paletta A. (2015). Attestazioni e controllo giudiziario nelle procedure concorsual Collana Insolvency (Osservatorio di diritto e prassi aziendale nelle crisi d'impresa), Wolters Kluwers.

Teaching methods

The course is developed through lectures during which the main topics of the programme are anffaddressed with an interactive approach based on discussions, testimonies and case studies. It is important that the student engages in progressive study during the course of the texts selected for preparation. In addition to the presentation of content, there will be continuous moments of application. The aim is to develop authentic knowledge through the acquisition of the student's ability to apply crisis management methodologies

Assessment methods

The assessment of student learning involves group work and individual tests. The group work consists of carrying out project works on corporate crisis management issues, also with the development of case studies. The individual test will be conducted at the end of the course mainly through multiple-choice questions on the topics covered during the course.The final mark is determined by the arithmetic mean of the marks obtained in the group work and the individual test.

Teaching tools

Students will be able to access teaching material on the course computer platform

Office hours

See the website of Angelo Paletta