Ammissione al passivo al privilegio del credito di Sace s.p.a. in caso di escussione della garanzia in corso di procedura e senza che il debito del beneficiario fallito sia integralmente estinto

Abstract

The Author critically examines the decision by which the Court of cassation enunciated the principle that, following the enforcement of the guarantee provided by Sace, the latter's claim against the bankrupt financed company may be listed among preferential claims even if the lender bank's claim has not been fully satisfied during bankruptcy.