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France Plans $4.3 Billion Program to Help Young Workers

French President François Hollande said on a television interview on Sunday he’d spend at least €4 billion ($4.3 billion) on a new program that will subsidize working youth, The Wall Street Journal reported. During a wide-ranging two-hour interview o ...

Daily Headline - global.abi.org - 04/19/2015 - 19:36 - 0 comments

HSBC Facing Criminal Investigation in French Tax Case

The British bank HSBC said on Thursday that it had been placed under formal criminal investigation by French magistrates examining whether its Swiss private bank assisted wealthy clients to avoid taxes, the International New York Times reported. Inve ...

Daily Headline - global.abi.org - 04/09/2015 - 21:20 - 0 comments

DLA Piper - Global Insight Q1 2015 content for Global INSOLvency.com website

In recent months, the US has seen a staggering increase in the number of retailers, both large and small, filing for bankruptcy. Among others, Dots, Alco Stores, Radio Shack, Deb Shops, Wet Seal, and Delia’s have each filed for bankruptcy protection in t ...

Resource Article - twallace@abiwor... - 04/06/2015 - 10:38 - 0 comments - 0 attachments

Article from INSOL Europe (Week 2 - 8 March 2015) GlobalINSOLvency Editorial Board

Suffering: a familiar yet hot issue We all know how much energy, imagination, dedication, audacity – if not outright adventurism – it takes to start up a new business. We also understand what this entails for business owners in terms of risk-tak ...

Resource Article - twallace@abiwor... - 04/06/2015 - 09:48 - 0 comments - 1 attachment

France Seeking Insolvency Law Change to Speed Up Restructuring

Corporate debt restructurings will become easier in France under proposals being considered by lawmakers to restrict shareholder involvement in the process, Bloomberg News reported. France’s Parliament will begin discussions today on a reform bill to bol ...

Daily Headline - global.abi.org - 02/11/2015 - 23:43 - 0 comments

France Seeking Insolvency Law Change to Speed Up Restructuring

right direction.” Corporate insolvency filings in France increased 0.9 percent in the year through ...

Daily Headline - global.abi.org - 01/26/2015 - 23:07 - 0 comments

France and Germany Push Athens on Bailout Commitments

Europe has returned to the signature brinkmanship of the debt crisis that brought its currency union close to collapse five years ago: France and Germany are again warning Greece it is putting its eurozone membership at risk, The Wall Street Journal ...

Daily Headline - global.abi.org - 01/05/2015 - 22:05 - 0 comments

New reform covering financial difficulties and insolvency in France”

by Marc ANDRE Acting on the wishes of the new political majority, the French Government has issued a Ministerial Order (ordonnance) – a method which reduces parliamentary debate – in order to substantially modify the legislation relating to the tre ...

Resource Article - global.abi.org - 12/15/2014 - 10:23 - 0 comments - 1 attachment

Seeking amicable proceedings in France- From out of court to pre-pack sale

Jean Baron writes on the rise of the pre-pack in France When trying to take into account the diverse interests of stakeholders we have to imagine a trapeze artist during a balancing act. The main illustration of these diverse interests resid ...

Resource Article - abi_admin - 12/11/2014 - 16:36 - 0 comments - 1 attachment

The liability of shareholders of French companies

Delphine Caramalli and Guilhem Bremond ask what liabilities shareholders of French companies are exposed to in cases of bankruptcy No statutory rules on shareholders liability as such exist under French law but, in certain circumstances, French j ...

Resource Article - abi_admin - 12/11/2014 - 16:26 - 0 comments - 1 attachment

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