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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.…
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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…
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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…
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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…
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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…
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