The reform resulting from Order no. 2021-1193 dated September 15, 2021 is applicable to proceedings initiated as of October 1, 2021 -
French insolvency law is undergoing a far-reaching reform, 7 years after the last major...more
9/23/2021
/ Conciliation ,
Coronavirus/COVID-19 ,
Corporate Restructuring ,
Creditors ,
Debtors ,
EU ,
European Insolvency Regulation ,
France ,
Insolvency ,
Reorganizations ,
Restructuring ,
Safeguard Proceedings ,
Stakeholder Engagement
Presented as a major measure of the five-year French presidential term, the law “on growth and business transformation”, also known as the PACTE Act, came into force on May 24th, 2019. Amongst the changes that were brought,...more
6/7/2019
/ Attorney's Fees ,
Corporate Insolvency Regime ,
Debtors ,
Distressed Debt ,
France ,
Liquidation ,
PACTE Act ,
Proof of Claims ,
Reorganizations ,
Sale of Assets ,
Tax Debt ,
Transfer of Assets