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Debt Collection in Italy (DR)
The eurozone’s third-largest economy has been among the hardest hit countries by the coronavirus. News agencies have reported that Italy’s industrial production fell nearly 30% in March and provisional figures indicate the country’s GDP has contracted 4.7% in first-quarter 2020. According to the website of trade credit insurer, Euler Hermes, the payment behavior for domestic Italian companies is poor despite regulations on late payments that are more constraining than applicable EU rules. Join Bierens attorneys Enrica Bigazzi and Daniela Pizzuto as they discuss debt collection in Italy. They will present steps that credit professionals can take to collect on debt in the country. The presentation will also include: An overview of Italian law Mediation Their experience with disputed debt collection court cases Their experience with non-disputed debt collection court case
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