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Legal Developments worldwide

Legal Newsletter: COLLECTIVE PROCEDURES

July 2010 - Finance. Legal Developments by Bersay & Associés .

More articles by this firm.

Debtor protection or “safeguard” procedure: eligibility of the procedure

The Paris Court of Appeal cancelled decisions opening protection procedures, considering that the debtor companies had not experienced “difficulties” within the meaning of §L.620-1 of the Commercial Code.

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