The protection of employees in the early warning tools and preventive restructuring frameworks: the EU Directive 2019/1023 (“Insolvency Directive”) and the Italian Crisis and Insolvency Code (Legislative Decree no. 14/2019)

The contribution focuses on recent legislative developments at both European and Italian level concerning corporate crisis (UE Insolvency Directive and Italian Code of business crisis and insolvency). It explores the issues that most directly affect employees involved in negotiated crisis resolution...

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Main Author: Andrea Pilati
Format: Article
Language:English
Published: University of Bologna 2025-07-01
Series:Italian Labour Law e-Journal
Subjects:
Online Access:https://illej.unibo.it/article/view/22157
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author Andrea Pilati
author_facet Andrea Pilati
author_sort Andrea Pilati
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description The contribution focuses on recent legislative developments at both European and Italian level concerning corporate crisis (UE Insolvency Directive and Italian Code of business crisis and insolvency). It explores the issues that most directly affect employees involved in negotiated crisis resolution procedures and in preventive restructuring frameworks. The paper highlights the provisions that ensure a more effective protection of employees’ rights compared to those of other creditors. It also offers some critical reflections on the issue of information and consultation rights of workers’ representatives, which have not achieved significant progress under the Italian Code of Business Crisis and Insolvency.
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spelling doaj-art-79f6b5c67a2c4e2092b65d8ed467b1832025-08-20T03:32:16ZengUniversity of BolognaItalian Labour Law e-Journal1561-80482025-07-0118111312810.6092/issn.1561-8048/2215720542The protection of employees in the early warning tools and preventive restructuring frameworks: the EU Directive 2019/1023 (“Insolvency Directive”) and the Italian Crisis and Insolvency Code (Legislative Decree no. 14/2019)Andrea Pilati0Università degli Studi di VeronaThe contribution focuses on recent legislative developments at both European and Italian level concerning corporate crisis (UE Insolvency Directive and Italian Code of business crisis and insolvency). It explores the issues that most directly affect employees involved in negotiated crisis resolution procedures and in preventive restructuring frameworks. The paper highlights the provisions that ensure a more effective protection of employees’ rights compared to those of other creditors. It also offers some critical reflections on the issue of information and consultation rights of workers’ representatives, which have not achieved significant progress under the Italian Code of Business Crisis and Insolvency.https://illej.unibo.it/article/view/22157crisisinsolvencypreventive restructuring frameworknegotiated settlement of the crisisemployee’s protection
spellingShingle Andrea Pilati
The protection of employees in the early warning tools and preventive restructuring frameworks: the EU Directive 2019/1023 (“Insolvency Directive”) and the Italian Crisis and Insolvency Code (Legislative Decree no. 14/2019)
Italian Labour Law e-Journal
crisis
insolvency
preventive restructuring framework
negotiated settlement of the crisis
employee’s protection
title The protection of employees in the early warning tools and preventive restructuring frameworks: the EU Directive 2019/1023 (“Insolvency Directive”) and the Italian Crisis and Insolvency Code (Legislative Decree no. 14/2019)
title_full The protection of employees in the early warning tools and preventive restructuring frameworks: the EU Directive 2019/1023 (“Insolvency Directive”) and the Italian Crisis and Insolvency Code (Legislative Decree no. 14/2019)
title_fullStr The protection of employees in the early warning tools and preventive restructuring frameworks: the EU Directive 2019/1023 (“Insolvency Directive”) and the Italian Crisis and Insolvency Code (Legislative Decree no. 14/2019)
title_full_unstemmed The protection of employees in the early warning tools and preventive restructuring frameworks: the EU Directive 2019/1023 (“Insolvency Directive”) and the Italian Crisis and Insolvency Code (Legislative Decree no. 14/2019)
title_short The protection of employees in the early warning tools and preventive restructuring frameworks: the EU Directive 2019/1023 (“Insolvency Directive”) and the Italian Crisis and Insolvency Code (Legislative Decree no. 14/2019)
title_sort protection of employees in the early warning tools and preventive restructuring frameworks the eu directive 2019 1023 insolvency directive and the italian crisis and insolvency code legislative decree no 14 2019
topic crisis
insolvency
preventive restructuring framework
negotiated settlement of the crisis
employee’s protection
url https://illej.unibo.it/article/view/22157
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AT andreapilati protectionofemployeesintheearlywarningtoolsandpreventiverestructuringframeworkstheeudirective20191023insolvencydirectiveandtheitaliancrisisandinsolvencycodelegislativedecreeno142019