Read the untranslated law here: http://www.gazzettaufficiale.it/atto/serie_generale/caricaArticoloDefault/originario?atto.dataPubblicazioneGazzetta=2015-03-09&atto.codiceRedazionale=15A01702&elenco30giorni=false&atto.tipoProvvedimento=DECRETO
The MINISTER of ECONOMIC DEVELOPMENT Saw the December 23, 2003, Decree No. 347 concerning "urgent measures for the industrial restructuring of large enterprises in a State of insolvency", converted with amendments by law No 39 February 18, 2004, and subsequent amendments and additions (hereinafter Decree-Law 347/03); Having regard to the Decree-Law January 5, 2015, # 1, containing "urgent provisions for the exercise of national strategic interest companies in crisis and for the development of the town and the area of Taranto"; Having regard to Legislative Decree No 270 July 8, 1999; Having regard to its Decree dated January 21, 2015 with whom the company Ilva S.p.A. is admitted to extraordinary administration procedure and appointed extraordinary Commissioners Dr. Piero Gnudi, the lawyer. Corrado Carrubba and prof. Enrico Lakes; Having regard to its Decree dated February 19, 2015 by which he is appointed the Monitoring Committee in the procedure described above; Having regard to the request in February 18, 2015 date by which extraordinary Commissioners require, in accordance with art. 3, paragraph 3, of the aforementioned Decree Law 347/03, admission to special administration of the company Deroulage S.A., Société Lyonnaise De ' investee indirectly from ILVA SpA, via the Ilva Commerciale Srl; Noted that, as shown in the above instance and attached documentation, the conditions under art. 3, paragraph 3, of Decree-Law 347/03, also with regard to the situation of the insolvency of the firm, for the purpose of extending the extraordinary administration procedure; Pointed out, inter alia, as represented and documented instance on the coincidence with the headquarters of the Ilva S.p.A. the Centre of main interests of the Societe Lyonnaise De Deroulage ' S.A., pursuant to art. 3, n. 1, of Council Regulation (EC) no 1346/2000; Visto l'art. 85 of that legislative decree 270/99, which provides that the extraordinary administration procedure of the Group's companies are responsible for the same organs appointed for the mother; Consequently deemed it necessary to provide for the admission to extraordinary administration procedure and the preposition to the same organs already appointed to the ILVA S.p.A., Decrees: Art. 1 the company Societe ' Lyonnaise De Deroulage S.A., (P.IVA Intrastat FR 39 350 594 966) is admitted to extraordinary administration procedure, according to art. 3, paragraph 3, of Decree-Law 347/03.
Search Translated Laws of Italy