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  • Article

    Further Changes To French Corporate And Insolvency Legislation

    In this article, Anker Sorensen, a partner of the Financial Industry Group of the Paris office of Reed Smith LLP, practicing predominantly in the area of corporate and restructuring, shortly describes and comments the main changes which have been introduced by the "Macron law" in the insolvency/corporate restructuring area
    FranceInsolvency/Bankruptcy/Re-Structuring
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    The Versailles Court Of Appeal Fine-Tunes The Duty Of Loyalty Owed By Managing Directors

    A Managing Director of a French Société Anonyme has a statutory duty of loyalty towards the shareholders of such company.
    FranceInsolvency/Bankruptcy/Re-Structuring
    Reed Smith (Worldwide)
    Reed Smith (Worldwide)
  • Article

    Distressed Real Estate In France (Video)

    Guillaume Rudelle lawyer from our restructuring team is joined by his colleagues in Paris, Jean-Pascal Bus, partner in our real estate team and Philippe Hameau...
    FranceReal Estate and Construction
    Norton Rose Fulbright
    Norton Rose Fulbright
  • Article

    August Debouzy Assists The Family Shareholders Of The Escalotel Group In Its Sale To Alboran And Trocadero Capital Partners With BPI France's Support

    August Debouzy advised the family shareholders of the Escalotel group in the sale of nearly all of its shares to a consortium composed of Alboran, Trocadero Capital Partners and BPI France.
    FranceCorporate/Commercial Law
    August Debouzy
    August Debouzy
  • Article

    Restructuring In France: Why Are So-called "Amicable Procedures" So Successful ? (Video)

    French so-called "amicable procedures" are widely used to rescue companies facing difficulties due to the "Covid" crisis.
    FranceInsolvency/Bankruptcy/Re-Structuring
    Alerion
    Alerion
  • Article

    Adoption Of New Annexes A And B To The Recast Insolvency Regulation

    Substantial reforms to Regulation (EC) 1346/2000 on insolvency proceedings were made under Regulation (EU) 2015/848 of 20 May 2015 on insolvency proceedings (recast) (the "Recast Insolvency Regulation").
    European UnionInsolvency/Bankruptcy/Re-Structuring
    Hogan Lovells
    Hogan Lovells
  • Article

    Restructuring In France : Lessons To Learn From The BVA Insolvency

    On 13 January 2021, the court of appeal of Toulouse rendered a very interesting decision ruling upon the outcome of the insolvency proceedings of BVA, a well-known research and consulting firm.
    FranceInsolvency/Bankruptcy/Re-Structuring
    Alerion
    Alerion
  • Article

    French Insolvency Law Reform – Rebalancing Of Power Among Stakeholders

    After the "Dutch scheme"1 and the "German scheme"2 entered into force at the beginning of 2021, France has now published its much-anticipated transposition of the European directive of 20 June 2019...
    FranceInsolvency/Bankruptcy/Re-Structuring
    Willkie Farr & Gallagher
    Willkie Farr & Gallagher
  • Article

    Towards A Merger Of English Rugby League: Issues And Prospects

    Under consideration is a proposed merger between the English Premiership and the United Rugby Championship (URC). This initiative, revealed by The Telegraph, could redefine the landscape of European rugby and offer interesting economic prospects for British and Irish clubs.
    FranceCorporate/Commercial Law
    Bignon Lebray
    Bignon Lebray
  • Article

    Indemnité de restructuration intragroupe : rappel des critères d'immobilisation

    Le Conseil d'Etat annule deux arrêts de la CAA de Paris ayant qualifié d'actif incorporel une indemnité versée dans le cadre d'une réorganisation intragroupe.
    FranceCorporate/Commercial Law
    Mayer Brown
    Mayer Brown
  • Article

    French Supreme Court Releases Landmark Decision Upholding Right Of Heart Of La Défense To Seek And Obtain Protection In France Under Safeguard Proceedings

    On March 8, 2011, France's highest court, the Cour de cassation, confirmed that CMBS borrower, Heart of la Défense SAS (Hold), and its Luxembourg parent company, Dame Luxembourg Sarl (Dame), were entitled to Court protection in France under Safeguard Proceedings (sauvegarde).
    FranceFinance and Banking
    Gibson Dunn & Crutcher
    Gibson Dunn & Crutcher
  • Article

    After The Implementation Of The EU Restructuring Directive, Does France Remain Debtor-Friendly?

    On 15 september 2021, a major reform of French insolvency law was enacted, mainly to implement the European Restructuring Directive.
    European UnionInsolvency/Bankruptcy/Re-Structuring
    Alerion
    Alerion
  • Article

    Protecting Employees' Mental Health

    Employees are the core of a company's success. Neither its capital, its premises, its newest machinery, nor even its leadership would mean much without a great workforce to drive it forward.
    GlobalEmployment and HR
    Ius Laboris
    Ius Laboris
  • Article

    COVID-19: Debt Restructuring And Acquisition Of Distressed Businesses And Real Estate Assets

    A borrower who, without having the right to do so, would not pay a credit instalment due between 12 March 2020 and one month after the end of the state of health emergency...
    FranceCoronavirus (COVID-19)
    Gowling WLG
    Gowling WLG
  • Article

    Covid-19: State-Guaranteed Loans In France

    Article 6 of the French amending finance law for 2020 of 23 March 2020 n° 2020-289 provides that the French State may guarantee loans granted by credit institutions, finance companies and crowdfunding lenders from 16 March 2020 through 31 December 2020.
    FranceFinance and Banking
    Gowling WLG
    Gowling WLG
  • Article

    Transatlantic Restructuring Trends: What To Expect In 2026

    In a turbulent year defined by a return to a more protectionist approach in the United States, tariffs remain a work in progress.
    FranceInsolvency/Bankruptcy/Re-Structuring
    McDermott Will & Schulte
    McDermott Will & Schulte
  • Article

    Requalification de la prise en charge des coûts de restructuration imposés par le groupe en transfert indirect de bénéfices à l'étranger

    La CAA de Douai considère qu'une société française ayant supporté l'essentiel des coûts d'un plan social décidé au niveau de son groupe international doit être regardée comme ayant consenti...
    FranceTax
    Mayer Brown
    Mayer Brown
  • Article

    Role Of The Social And Economic Committee In The Context Of A Restructuring Or Downsizing

    Consulting the CSE is relevant to a wide range of situations, some of which require specific procedures to be implemented.
    FranceEmployment and HR
    Littler Mendelson
    Littler Mendelson
  • Article

    La fin de la procédure d'agrément ?

    Dans deux décisions définitives du 20 juin 2018 de la Cour administrative d'appel de Paris, la procédure d'agrément exigée pour l'application du régime de faveur à un apport dont la qualification de branche complète ...
    FranceTax
    August Debouzy
    August Debouzy
  • Article

    Bankruptcy, Insolvency & Rehabilitation Proceedings In France

    Under French law, companies are protected by several procedures to overcome financial difficulties. This legal protection aims to help companies facing financial difficulties and protect the overall business economy from the risks of cascading bankruptcies.
    FranceInsolvency/Bankruptcy/Re-Structuring
    Reinhart Marville Torre
    Reinhart Marville Torre

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