Italy is the fourth mostlitigious of 38 European countries, with 4,768 disputes per 100,000 inhabitants.
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The two funds, among the mostlitigious on Wall Street, spent years battling Argentina in U.S. courts over the country's 2001 default.
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A creditor fight launched by some of Wall Street's mostlitigious investment funds, Aurelius Capital Management and Elliott Management, put the reorganization on hold.
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Justice Minister Paola Severino said recently that Italy was the fourth mostlitigious country in Europe, with 2.8 million new cases brought in 2011.