France

Results for France

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 - 09:23 - 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 - 15:36 - 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 - 15:26 - 0 comments - 1 attachment

Group Updates Spring 2014

Turnaround Wing: Proudly looking back to its 5th birthday in Paris 2013 We were again an important part of the technical programme with two sessions (“Shipping industry – the perfect storm?”; “Why do restructurings fail?”) which were both well atte ...

Resource Article - abi_admin - 12/11/2014 - 13:53 - 0 comments - 1 attachment

Country Reports Spring 2014

Russia : Bankruptcies in the banking sector . At the end of 2013 and the beginning of 2014 a number of Russian banks had their licenses revoked. France : Commercial code or the civil procedure code? The French commercial code gives a ...

Resource Article - abi_admin - 12/11/2014 - 13:30 - 0 comments - 1 attachment

France Is Forced to Face Political Facts in Effort to Stoke Economy

Moving to battle high unemployment and a stagnant economy, the Socialist government of President François Hollande on Wednesday announced a long-promised program meant to stoke growth and create jobs, the International New York Times reported. The me ...

Daily Headline - global.abi.org - 12/10/2014 - 22:37 - 0 comments

French Attempt at German-Style Labor Reform Flounders

“Job-preservation agreements” that were designed to emulate Germany’s Kurzarbeit program—allowing companies to negotiate lower pay and working hours to stay afloat in difficult times—have run into a wall of bureaucracy that is distinctly French, The Wa ...

Daily Headline - global.abi.org - 12/04/2014 - 20:54 - 0 comments

French Bosses Take To Streets For Week Of Protests

Thousands of French company chiefs took the streets on Monday in a rare protest against what they see as excessive taxes and red tape strangling activity in the euro zone’s second largest economy, the Irish Times reported. The protests in Paris and t ...

Daily Headline - global.abi.org - 12/01/2014 - 22:11 - 0 comments

Vivarte’s Loans Said to Fall to Lowest Level Since Restructuring

Vivarte SAS’s loans tumbled to their lowest levels since the French retailer was taken over by creditors last month, according to three people familiar with the matter. The company’s 800 million euros ($997 million) of senior loans fell to 63 cents on th ...

Daily Headline - global.abi.org - 11/12/2014 - 20:49 - 0 comments

Veolia, CDC To Call In Loans On Corsica Ferry Firm SNCM

French public passenger transport group Transdev, owned by Veolia and state bank CDC, is to call in loans to its France-Corsica ferry operator unit SNCM next week, it said on Friday, pushing the unit into filing for court protection from insolvency, Reut ...

Daily Headline - global.abi.org - 11/02/2014 - 18:52 - 0 comments

Syndicate content