Gattai, Minoli, Agostinelli & Partners in the “concordato preventivo” procedure (composition with creditors) of Sila S.p.A.

Following the approval by more than 80% of creditors, the Court of Catania ratifies the plan of Sila S.p.A., a company operating in the real estate sector and in the wholesale trade of timber, iron and building materials, that – at the date the composition arrangement was filed – had an exposure to creditors for more than Euro 65 million.

The plan provides for the full payment of the privileged creditors and some classes of unsecured creditors.

Gattai, Minoli, Agostinelli & Partners with a team formed by partner Sergio Fulco and senior associates Riccardo Sgrò and Matteo Mengoni assisted Sila S.p.A.