Restructuring Archives - UGGC Avocats

The simplified judicial procedure for the health crisis management: a new temporary tool for dealing with distressed businesses

Last 31 May, the law n°2021-689 on the health crisis exit management, which introduces in its article 13 a new judicial procedure for the treatment of distressed companies, was adopted.…

The beneficiary of a security interest for a third party escapes from the bankrupcy proceeding of the settlor … For now | 03/03/2021

Restructuring

High Court, commercial chamber, 25 November 2020, n°19-11.525, FS-P; Cass. com. 17 June 2020, n°19-13.153, FS-P+B+R Security interest for others in common law Since a decision of the Mixed Chamber…

The derivative action is not on the plan performance supervisor jurisdiction | 24/02/2021

Restructuring

High Court, commercial chamber, November 12, 2020, n°19-11.972, FS-P+B The context While a company benefits from a safeguarding plan, the shareholders sue the company's directors for damages suffered by the…

AIJA Insolvency Commission report: Emergency measures in response to the COVID-19 crisis | 12/11/2020

Restructuring

The COVID-19 pandemic has plunged businesses around the world into financial difficulty and led to an unprecedented surge of emergency legislation in virtually all jurisdictions. In many jurisdictions, these measures…

La transaction en matière de sanctions pécuniaires : oui… mais avant la décision de condamnation | 22/05/2017

Restructuring

Par Marine Simonnot Cass. com. 8 mars 2017, n°15-16.005, P+B+R+I La faculté offerte aux parties de transiger dans le cadre d’une action en responsabilité pour insuffisance d’actif n’avait jamais véritablement…