The Milan Bankruptcy Court has declared Acciaierie d'Italia spa to be insolvent. A step that effectively allows the extraordinary administration to be started.
The declaration of insolvency, at the same time, should trigger an investigation with the hypothesis of bankruptcy into the management and accounts of the former Ilva. The judges (college chaired by Laura De Simone) have scheduled the hearing to ascertain the debt status and the creditors' questions for 19 June. The fact-finding file should soon become, as expected in these cases, an investigation into a bankruptcy crime.