Taking over a distressed French business in the courts is a known (1985) and specific technique that has many advantages. This is known as a transfer of assets plan (“plan
The pre-pack asset sale plan: an effective tool for taking over a distressed French business
Non-performing loans: in order to increase the effectiveness of bank securities in the event of outstanding debts
The European Commission is considering creating a new tool, the “Accelerated Loan Security” The European Central Bank defines non-performing loans (NPLs) as loans with more than 90 days’ arrears or
A Guide to Pre-Insolvency and Insolvency Proceedings across Europe
This guide is being published in the context of recent transformations in insolvency law in Europe, marked by two major anticipated events. The first event is the application, as of
Growth and Jobs in Europe: the European Commission Wagers on a Targeted Harmonization of the 28 National Insolvency Laws
On 22 November 2016, the European Commission presented a proposal for a directive harmonizing the national insolvency laws of the 28 Member States. This ambitious harmonization initiative was born in
Distressed companies: overview of the several reforms in 2014
Bankruptcy Law has been deeply reformed in 2014, mostly because of the Government Regulation (“Ordonnance”) of March 12th, its Decree of Implementation of June 30th, the Ministerial Ruling of July