The constantly evolving legislation and the upcoming implementation of the Crisis and Insolvency Code, increases the need for a certified and professional management of:
- Arrangement with creditors pursuant to art. 160 of the Italian Bankruptcy Act
- Recovery plan pursuant to art. 67 of the Italian Bankruptcy Act
- Negotiated settlement of the crisis
- Debt restructuring agreement pursuant to art.82 Bis. of the Italian Bankruptcy Act
- Receivership arrangements (for large firms in crisis) and, not least, the Judicial Liquidation (formerly known as Bankruptcy in Italy).
Synergy Key has developed the solution "Insolvency IRP" enabling the credit policy integration and certification via a modular activity providing guidance to the strategic supplier and collecting the receivable up to the recovery of VAT.
Now it is possible to entrust the management of another party involved in insolvency proceedings, right from the "Reservation period” phase of an Arrangement with creditors in order to:
1) Ensure a smooth supply management avoiding risks of avoidance actions
2) Filing of the proof of debt and debt specification statement

3) Analyze the Arrangement’s plans and proposals to guide the customer in the voting phase.

4) Receive and store the crucial documents pertaining the proceedings (Reports, Distribution plans, Decree of closure).
5) Identify a precondition for VAT recovery.
6) Certify the whole process in the interest of the Audit Firm and Credit Insurer.
7) Retain and store the documentation of each individual procedure.
The Legal Department of Synergy Key has always provided its customers with the highest degree of professionalism.