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Florence Court Approves Plan to Settle Massimo Ceccherini’s €1.4 Million Debts

The tribunal ruled his over‑indebtedness came from a diagnosed gambling disorder and authorised a third‑party €300,000 payment followed by a four‑year €500 monthly tax schedule.

Overview

  • The Tribunale di Firenze, in a decision by Judge Cristian Soscia, homologated a concordato minore con assuntore after creditors gave their consent and a third party made a €300,000 payment.
  • Court records show Ceccherini carried roughly €1.4 million in liabilities, with more than €1 million owed to banks and the tax authorities.
  • The anonymous €300,000 contribution from a close friend was recorded as the assuntore’s lump sum and is central to covering the remaining liabilities.
  • Under the approved plan Ceccherini will pay the tax authority €500 each month for four years and will continue a treatment program for gambling disorder at the SerD in Pistoia.
  • The concordato minore with an assumer lets an over‑indebted person use third‑party funds to settle creditors, and the tribunal found Ceccherini’s crisis arose from a documented clinical condition rather than gross fault, bad faith, or fraud.