SOLUTION IS A SPONSOR OF APRI

On Tuesday, Nov. 12, 2024, Solution Bank participated as a sponsor in the conference organized by APRI (Association of Business Rehabilitation Professionals), dedicated to the topic of “provisional” business operation and the management of corporate insolvency situations. The event was held in Modena, at the Hotel Raffaello, and was attended by a large audience of professionals, entrepreneurs and financial professionals. APRI, a nonprofit association, is a point of reference for the culture of corporate crisis prevention and management, and is composed of experts in the fields of business consulting, finance and law. Over the years, APRI has initiated numerous conferences, seminars and training courses, collaborating with institutions, universities, professional bodies and companies to promote the study and research of solutions for the rehabilitation of companies in crisis. The Nov. 12 conference had a special focus on the institution of “provisional” business operation, a measure under Italian law that allows business activity to continue even in situations of insolvency, under the supervision of a court-appointed receiver. This procedure, if activated in the right cases, can be a viable alternative to the liquidation of the company, as it allows safeguarding business continuity and pursuing more favorable solutions for creditors, such as the sale of the company itself. The increase in corporate insolvency situations, exacerbated by macroeconomic difficulties such as growing liquidity shortages, rising supply costs, and difficulties in maintaining stable sales volumes, has made the issue of corporate crisis management even more relevant. In this context, the role of the receiver and the possibility of continued operation of the company represent an opportunity for recovery that can benefit all parties involved. At the conference, experts, magistrates and professionals in the field analyzed the legal and business issues related to the initiation and management of “provisional” operation. The rehabilitation of a company in difficulty is not limited to the strictly financial dimension, but involves complex business aspects, such as restructuring of operations, debt management and job protection. With this in mind, the expertise of consultants who can guide companies through the meanders of crisis is crucial to successfully navigating an increasingly complex economic landscape. Solution Bank, through its commitment and support for initiatives such as APRI’s, confirms its willingness to be an active interlocutor in promoting the culture of corporate sustainability and recovery. Indeed, our bank offers financial solutions to support businesses in difficulty, providing its expertise to address the crisis and generate value in times of uncertainty.