In IUSPod Key Talks, the podcast produced by La Scala Società tra Avvocati, Achille Mazzanti and Luca Scaccaglia discuss liquidation value in indirect business continuity in light of the Italian Supreme Court ruling of 9 July 2026. The discussion examined the relevance of offers to acquire a business submitted before the filing of a composition plan when assessing the liquidation scenario. Mazzanti highlighted that the price established through a competitive bidding procedure provides a significant benchmark, although it does not necessarily coincide with liquidation value. Any difference between the two must be supported by concrete and verifiable evidence.
Indirect Business Continuity and Liquidation Value: New Valuation Criteria
by A&P, Achille Mazzanti | 8 Oct, 2026 | News - en, Podcast

In IUSPod Key Talks, the podcast produced by La Scala Società tra Avvocati, Achille Mazzanti and Luca Scaccaglia discuss liquidation value in indirect business continuity in light of the Italian Supreme Court ruling of 9 July 2026. The discussion examined the relevance of offers to acquire a business submitted before the filing of a composition plan when assessing the liquidation scenario. Mazzanti highlighted that the price established through a competitive bidding procedure provides a significant benchmark, although it does not necessarily coincide with liquidation value. Any difference between the two must be supported by concrete and verifiable evidence.
Managing Banking Relationships in Negotiated Business Crisis Restructuring
Achille Mazzanti participated as a lecturer in a webinar organised by Maggioli Editore on 26 October, alongside Filippo Ghignone and...
Read More
The Ecosystem for Value Creation
Paolo Azzolini spoke at “The Ecosystem for Value Creation”, held on 14 October at Confindustria Vicenza. The event brought together...
Read More
Indirect Business Continuity and Liquidation Value: New Valuation Criteria
In IUSPod Key Talks, the podcast produced by La Scala Società tra Avvocati, Achille Mazzanti and Luca Scaccaglia discuss liquidation...
Read More
Business Continuity and Generational Succession in SMEs
Maria Edvige Chiari spoke at a seminar organised in collaboration with Cartwright Pescatore (BECP) and Intesa Sanpaolo, focusing on business...
Read More
Celli Group completes its capital and financial restructuring
Piero Aicardi acted as the independent expert in the negotiated crisis composition proceedings of Celli S.p.A., part of the Ardian-controlled...
Read More
Negotiated crisis composition: the new ministerial decree reshapes the restructuring plan
In the IUSPod Key Talks podcast by La Scala Società tra Avvocati, Achille Mazzanti and Luca Scaccaglia discuss the key...
Read More
Human and technological capital: Filippo Forlani speaks at the Politecnico di Milano Professional Firms Observatory conference
Filippo Forlani, Partner at Aicardi & Partners, participated as a speaker at the conference "Human and Technological Capital: The Future...
Read More
Aicardi & Partners financial and tax advisor in the launch of Vivaldi Group
Aicardi & Partners advised the sellers of the target companies on the financial and tax aspects of the transaction that...
Read More
Aicardi & Partners financial advisor in a bankruptcy arrangement under Article 124 of the Italian Bankruptcy Law
Aicardi & Partners advised Selvi Srl, acting as financial advisor, in the submission of a bankruptcy arrangement proposal under Article...
Read More
Aicardi & Partners together with C-Oralia and D-Entity in the merger by incorporation into Nexxta S.p.A.
D-Entity S.r.l. and C-Oralia S.r.l., two leading companies in the Italian dental technology sector, have launched their expansion project through...
Read More
Business transfers in negotiated crisis composition: Achille Mazzanti featured on IUSPod Key Talks
Achille Mazzanti was featured on IUSPod Key Talks, the podcast series by La Scala Società tra Avvocati, discussing business transfers...
Read More
Creditworthiness and restructuring tools under the Italian Insolvency Code
On April 30, 2026, an event was held in Bologna focusing on the role of creditworthiness in restructuring processes and...
Read More
Advisors to Gevorkyan on the acquisition of Sinteris Industria Prodotti Sinterizzati
Gevorkyan has acquired Sinteris Industria Prodotti Sinterizzati through a pre-pack sale under Article 22 of the Italian Insolvency Code, within...
Read More
Master “Business Crisis”: an operational focus on the tools of the Italian Insolvency Code
A&P, Maria Edvige Chiari, Achille Mazzanti, Nicolò Aicardi and Francesco Carlo Vancini – 15 April 2026
The professionals of Aicardi & Partners are also taking part in the second edition of the Master’s program “Business Crisis,”...
Read More
Real Estate | Debt restructuring through a certified recovery plan under Article 56 of the Italian Insolvency Code
Aicardi & Partners advised a real estate company based in the Forlì area on the restructuring of over €4.5 million...
Read More
Aicardi & Partners in the negotiated restructuring of a leading Emilia-Romagna-based retail company (GDO)
The negotiated crisis composition procedure of an Emilia-Romagna-based company operating in the large-scale retail (GDO) sector has been successfully completed,...
Read More
Aicardi & Partners advised on the acquisition of 2G
Aicardi & Partners acted as accounting and tax advisor to Unigrains Italia and the other shareholders of Gruppo Vivaldi in...
Read More
Business continuity and liability: Piero Aicardi speaker at the APRI National Conference
Piero Aicardi took part as a speaker at the APRI National Conference focused on business continuity and liability in restructuring...
Read More
Tax settlement confirmed within liquidation-based composition with creditors proceedings
Aicardi & Partners successfully completed a tax settlement under Article 88 of the Italian Insolvency Code within liquidation-based composition proceedings...
Read More
Aicardi & Partners advisor fiscale nella cessione di People Design a Koinos Capital
Aicardi & Partners advised the sellers of People Design on the tax aspects of the transaction through which Koinos Capital,...
Read More