Legal News

What is the latest news on France’s restructuring and insolvency law reforms?

Published on: 28 July 2021
Published by: LexisPSL
  • What is the latest news on France’s restructuring and insolvency law reforms?
  • Key points:
  • Current status and expected timetable
  • New ‘accelerated safeguard’ proceedings satisfying the criteria laid down in the Restructuring Directive
  • Creditors’ classes
  • Regular vs fast-track procedures
  • Nature of creditors’ classes
  • Cross-class cram-down mechanism
  • Additional distinctions between regular safeguard and re-organisation proceedings

Article summary

Restructuring & Insolvency analysis: We look at the latest reforms to France’s restructuring and insolvency laws as a result of the transposition of the EU’s Restructuring Directive. Written by Alexandra Bigot and Thomas Doyen of Latham & Watkins LLP. or take a trial to read the full analysis.

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