The slower the administration of justice, the more companies in crisis delay or avoid filing for bankruptcy. This phenomenon affects the Centre and South in particular. This is the picture painted by the report ‘Judicial efficiency and decisions to file for bankruptcy’, published by the Bank of Italia on 21 July 2026. According to the study’s data, moving from a court where the average duration of insolvency proceedings is 15 years to one where it is six years increases the likelihood that a company in difficulty will file for bankruptcy by approximately 8.7 percentage points.
The type of business
Companies that are larger in size, more heavily indebted and more productive are more likely to take their case to court: if the cost of…