Implementation of a restructuring plan
A leading Italian Group specialized in cashmere trading and the manufacturing of precious yarns. Santucci & Partners advisors supported the management in a complex restructuring process. Assistance was given to finalise and implement the plan to restructure the traditional management and financial structure of the Group. The activity aimed finalise an agreement with the banking system involved in the plan, according to the new Italian bankruptcy law (Art. 67 Paragraph 3). The restructuring process was based on the guidelines contained in the “Group Restructuring Plan” prepared by Santucci & Partners as Group advisors.