Milan – 16 November 2021 – Bit Invest, a real estate, tourism, and hospitality operator, has reached an agreement with its financial creditors aimed at enabling, in the context of a plan pursuant to Article 67, paragraph 3, letter d) of the Bankruptcy Law, the recovery of the outstanding debt and the rebalancing of the financial situation of the company, through the restructuring of its debt.
A team led by partner Corrado Angelelli with senior associate Francesco Horvat from Greenberg Traurig Santa Maria assisted the financial creditors, Galion SPE, AMCO Asset Management, Banco BPM and Illimity.
About Greenberg Traurig Santa Maria: is the result of the combination of Greenberg Traurig, LLP with its long-term ally, Santa Maria Studio Legale Associato - a renowned legal boutique, founded in 1970 by Alberto Santa Maria in Milan. Greenberg Traurig Santa Maria is the fifth GT office in Europe and the 40th office in the world and comprises more than 50 lawyers.
About Greenberg Traurig: Greenberg Traurig, LLP (GT) has approximately 2300 attorneys in 40 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 25 on the Am Law Global 100. The firm is net carbon neutral with respect to its office energy usage and Mansfield Rule 4.0 Certified Plus. Web: www.gtlaw.com