we should get used to periodic pandemic peaks and related restrictions. The return to normality, from an economic point of view, may not mean the achievement of the pre-pandemic results, at least as also emerges from the experience gained in the 2007-2008 crisis. At that time the approach to corporate restructuring was aimed at postponing payments to better times, and the main role was played by financial institutions. The understanding not to go back to pre-crisis parameters has influenced the restructuring sector with more incisive measures on credit, and has led to the expansion of other players, including service companies and turnaround funds. During the period of the pandemic, companies have raised loans guaranteed by Italian state; it is reasonable that banks will be inclined to postpone repayments without affecting the amount of the guarantee. The complexity of the context is supported by professionals who have gained significant experience; in this regard, it is necessary to await the interpretation of the role of the Expert provided for by Legislative Decree 118/21, which will start in next weeks. It seems that are still elements that the practice and jurisprudence will have to deal with. Given that the Expert will be appointed by external entities, this procedure will probably be used to a lesser extent by larger companies; for smaller companies, the negotiated composition of the crisis could be useful, but this could depend on the results that the first practices will achieve.