Avv. Flavia Sabbatini e Avv. Tommaso Mancini Bacciardi PartnersBacciardi Partners recovers receivables for over half a million euros in Georgia for a leading Italian group in the thermo-sanitary sector.

The Italian company had a significant exposure towards its distributor in Georgia, which, facing financial problems, had eventually filed for bankruptcy with the Tbilisi Court.

Exploiting the rules of the Georgian insolvency legislation, with the assistance of a local law firm, it was possible to take the company out of the bankruptcy proceedings and recover the entire debt of over half a million euros without suffering the insolvency claims’ reduction.

The case was handled by Tommaso Mancini and Flavia Sabbatini, who assist companies and groups of companies in the negotiation of commercial agreements and in possible commercial disputes.

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