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Alerion
On 15 september 2021, a major reform of French insolvency law was enacted, mainly to implement the European Restructuring Directive.
Hogan Lovells
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").
France
Willkie Farr & Gallagher LLP
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...
Alerion
French so-called "amicable procedures" are widely used to rescue companies facing difficulties due to the "Covid" crisis.
Alerion
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.
Soulier Avocats
Seeking to ensure the survival of companies that could become insolvent in the coming months due to the phasing-out of the support measures that have been put in place, the French...
Soulier Avocats
Cherchant à préserver la pérennité des entreprises qui pourraient être exposées à des défaillances dans les prochains mois en raison de la fin progressive des mesures de soutien mises en place...
Courtois Lebel
As the SASs are not required to set up a "board of directors", the provisions obliging to convene the COMMITTEE delegates to the boards of directors' meetings are not applicable.
Gibson, Dunn & Crutcher
Le 6 juin 2019, le Conseil de l'Union européenne a définitivement adopté la directive (UE) 2019/1023 du 20 juin 2019 relativeaux cadres de restructuration préventive, ...
Hogan Lovells
The European regulation of 20 May 2015 on insolvency proceedings (the "Insolvency Regulation") came into force a year ago, significantly modifying European insolvency law.
Reed Smith (Worldwide)
Starting on October 1st , 2016 the French law on receivable acquisition has changed to become simpler.
Clyde & Co
The effect of Hanjin's Korean rehabilitation proceedings in France has been rather limited.
Reed Smith (Worldwide)
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
Jones Day
On August 6, 2015, France adopted legislation named after the French Minister of Economy, Emmanuel Macron ("Macron Law"), that is designed to promote economic growth, activity, and equal opportunity.
Reed Smith (Worldwide)
In this article, Anker Sorensen, a senior partner of the Financial Industry Group of Reed Smith in Paris, practicing predominantly in the area of Corporate and Restructuring, discusses two recent decisions rendered by the Commercial chamber of the French Supreme Court.
Reed Smith (Worldwide)
In its 2014 insolvency reforms, the French Government contemplated allowing a French Commercial Court, faced with a company under judicial reorganisation, to remove that company’s shareholders.
Reed Smith (Worldwide)
A Managing Director of a French Société Anonyme has a statutory duty of loyalty towards the shareholders of such company.
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