Exploring Perini Navi’s insolvency to date and considering the next steps for the yard, its creditors and its owners…
On 29 January 2021, judges at the Lucca Tribunal determined that Perini Navi had entered bankruptcy. What has followed since is a series of back and forth announcements that amount to the expressed interest of various acquisition parties, a challenge to the insolvency proceedings, the discovery of new investors and confirmation that Perini Navi has, in fact, been determined bankrupt. Herein we explore the process so far and consider what the next steps are likely to be for the Italian superyacht manufacturer, its creditors and the owners with stalled projects.
In May 2020, Perini Navi…