Turnaround and cash flow
Negotiated crisis settlement
The procedure under the Italian Insolvency Code for negotiating with creditors with the help of an independent expert appointed by the Chamber of Commerce.
“Strategy that ignores cash is just rhetoric.”
Michele Collini · ACCA MemberThe service
What it covers
Negotiated crisis settlement (Italian procedure)
What it is
An assisted, out-of-court negotiation during which the owner keeps running the business.
When you need it
When the business still generates operating cash but its debt is no longer sustainable.
What you receive
- Documentation and plan for the application
- Request for protective measures, where needed
- Financial support throughout the negotiation
Indicative timing
180 days initially, extendable; in practice 9–12 months.
First step
Request a 13-week cash flow review
The 13-week cash flow review gives you a 13-week cash flow forecast, a debt map and the priorities to tackle, with a written outcome.