Insolvency declaration of the Italian subsidiary of a multinational Chinese company revocated

A multinational Chinese automotive company a has instructed us as expert witness before the Court of Appeal of Ancona aiming at the reversal of the first instance ruling by which the insolvency of its Italian subsidiary has been declare. We succeeded in demonstrating that not only that the prerequisites for insolvency did not exist but also that the Italian subsidiary creates value and workplaces. The Court of Appeal has revocated the insolvency declaration.