France

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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 - 22:43 - 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 - 22:07 - 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 - 21:05 - 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 - 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

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