(By Paul Virgo).

(ANSA) – Arezzo, February 11 – Arezzo’s bankruptcy court on
Thursday declared the ‘old’ Banca Etruria insolvent, upholding a
request by bank commissioner Giuseppe Santoni.

The court instead rejected an objection that last year’s
Banca Etruria rescue was unconstitutional, filed by defence
lawyers for the bank’s last president, Lorenzo Rosi.

The legal documents will now be transferred to the
prosecutor’s office in the Tuscan city, paving the way for the
possible opening of a probe into fraudulent bankruptcy.

Rosi’s lawyers said they would appeal the insolvency
ruling.

Premier Matteo Renzi…

Read the full article at: http://www.ansa.it/english/news/business/2016/02/11/banca-etruria-declared-insolvent_63e797bb-53cb-42b2-89af-d8d038ddf854.html

Category: BankruptcyBy Insolvency Advisory Accountants February 20, 2016

Banca Etruria declared insolvent – ANSA (registration)

(ANSA) – Arezzo, February 11 – Arezzo’s bankruptcy court on Thursday declared the ‘old’ Banca Etruria insolvent, upholding a request by bank commissioner Giuseppe Santoni.
    The court instead rejected an objection that last year’s Banca Etruria rescue was unconstitutional, filed by defence lawyers for the bank’s last president, Lorenzo Rosi.
    The legal documents will now be transferred to the prosecutor’s office in the Tuscan city, paving the way for the possible opening of a probe into fraudulent bankruptcy.
    Rosi’s lawyers said they would appeal the insolvency ruling.
    Premier Matteo Renzi’s government stepped in to save Banca Marche, Banca Etruria, CariChieti and CariFe at the end of Novemb…

Read the full article at: http://www.ansa.it/english/news/politics/2016/02/11/banca-etruria-declared-insolvent_bca5d121-0965-45c6-a257-29fe1b02154b.html

Category: BankruptcyBy Insolvency Advisory Accountants February 11, 2016

Banca Etruria declared insolvent – ANSA (registration)

(see previous)
(ANSA) – Arezzo, February 11 – Arezzo’s bankruptcy court on
Thursday declared the ‘old’ Banca Etruria insolvent, upholding a
request by bank commissioner Giuseppe Santoni.

The court instead rejected an objection that last year’s
Banca Etruria bail-in was unconstitutional, filed by defence
lawyers for the bank’s last president, Lorenzo Rosi.

The legal documents will now be transferred to the
prosecutor’s office in the Tuscan city, paving the way for the
possible opening of a probe into fraudulent bankruptcy.

Premier Matteo Renzi’s government stepped in to save Banca
Marche, Banca Etruria, CariChieti and CariF…

Read the full article at: http://www.ansa.it/english/news/2016/02/11/banca-etruria-declared-insolvent_549a9010-7101-479b-a872-ff422bc6bb6f.html

Category: BankruptcyBy Insolvency Advisory Accountants February 11, 2016