Your debtor has assets in France? - You can secure the payment of your claim and facilitate the enforcement of a court decision


When it comes to securing enforcement, it is worth thinking outside the box, and looking at what can be done overseas: the French procedure code offers to litigants the ability to obtain the Court's authorization to perform conservatory measures which freeze your debtor's assets, by way of security, for the ultimate enforcement and performance of judgments made in substantive proceedings.

This device can be implemented in support of litigation pending outside of France (e.g., in the UK or U.S., in the absence of restriction), and none of the parties need to be French, as long as the debtor has assets in France.

It is quite easy to obtain and is powerful.

Please see full alert below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Reed Smith | Attorney Advertising

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