Morri Rossetti & Franzosi advisor in a complex negotiated composition procedure
Morri Rossetti & Franzosi assisted a historic Italian engineering company in managing a negotiated crisis composition procedure, which concluded successfully.
The assignment, beyond the typical complexities of the procedure, served as an original testing ground for the use of the composition process as a tool to overcome a corporate situation affected not by structural difficulties, but by the potential effects of a single, particularly complex and intricate dispute — one that could not be resolved through ordinary means within a timeframe that would avoid a corporate crisis.
The aspects related to the negotiated composition were handled by the firm’s Restructuring and Corporate Crisis team, led by Dr. Massimiliano Poppi, while the economic and financial elements of the financial plan underlying the negotiated composition agreement were overseen by the Firm’s Asset Valuation team, led by Dr. Mario Buzzelli.
The complex procedure also involved Avv. Laura Uccheddu, Dr. Salvatore Firrito, and Dr. Giuseppe Santagata.