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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 4 Average time needed to settle an insolvency case according to judicial procedures (expressed in days) (Italy, 2014–2016)

From: Legal environment and corporate finance: evidence from the Italian manufacturing industry

Judicial district of second instance

Mortgage foreclosure

(movable)

Mortgage foreclosure

(real estate)

Bankruptcy

Milan

162

1091

2039

Turin

185

1046

2549

Genoa

147

921

3103

Brescia

188

1175

2211

North West

170

1058

2476

Trento

117

749

2234

Venice

173

1198

2384

Bologna

185

1079

1801

Trieste

177

771

2061

Bolzano

123

628

1663

North East

155

885

2029

Ancona

265

1658

3329

Florence

258

1197

2408

Rome

290

1467

3514

Perugia

272

1216

2028

Center

271

1384

2820

Bari

366

2169

3746

Campobasso

297

1770

2430

Catanzaro

255

2417

3658

L'Aquila

231

1536

3224

Lecce

382

1360

3707

Naples

303

1930

3466

Potenza

369

2947

4917

Reggio Calabria

385

2982

4135

Salerno

301

2095

4138

Taranto

194

3177

5097

South

308

2238

3852

Cagliari

331

2028

3361

Palermo

227

2536

4659

Caltanissetta

278

3001

4680

Catania

309

2668

4937

Messina

445

2709

5604

Sassari

243

2027

3616

Islands

305

2495

4476