Italian factoring exceeds €240bn

In the first half of the year, business volume increased by 11.92% compared to last year; since 2008 the turnover has doubled thanks to an average annual growth of 7.1%. Factoring is a constant and double-digit growth. In the first half of 2019, the...

BT and ex-directors to face new action on BT Italia scandal

A US law firm is to file a new class-action complaint against BT today, naming past senior directors in the scandal at BT Italia, which caused the group to write off £530m. Law firm Robbins Geller Rudman & Dowd has already filed three versions...

AU selects Unicredit Factoring for selling its receivables

The Acquirente Unico (AU) has selected Unicredit Factoring for a with-recourse assignment agreement of all or part of the current or future receivables deriving from the sale of electricity to the operators. The maximum amount of receivables that...