Italy presents a legal perspective on cross-border insolvency

Globe spinning eastward

The Bank of Italy has presented the contributions made during a conference covering cross-border bankruptcy of financial institutions.

The conference, which took place at the central bank's Rome headquarters in June 2010, covered the debate taking place at the EU and international level on the treatment of group insolvencies.

The crisis has thrown into stark relief the dangers presented by the failure of a bank with operations in several countries, with Lehman Brothers' failure leaving the

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