Pre-Pack Sale in France: How to Prepare a Sale Before Insolvency Proceedings
A pre-pack sale (prépack cession) makes it possible to prepare the sale of the business confidentially before insolvency proceedings open. Rationale, steps, advantages and conditions for success.
Redressement Judiciaire in France: What Company Directors Need to Know
Your company is in cessation of payments. Is judicial reorganisation (redressement judiciaire) still possible? Conditions, effects, observation period, plan or sale: what a director needs to understand.
Action for Shortfall of Assets in France: Conditions and Risks for Directors
The action for shortfall in assets can put a director’s personal assets at stake in a judicial liquidation. Conditions, management errors at issue, available defences, limitation period.
