France

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Country Reports Winter 2014/15. Updates from Latvia, Spain, France and Romania

After two years of fierce debate a major package of amendments is going to enter into force on 1 March 2015 in Latvia. The most controversial are those relating to personal bankruptcy. Firstly, after the sale of the debtor’s dwelling that served as c ...

Resource Article - abi_admin - 06/02/2015 - 13:22 - 0 comments - 1 attachment

Tax treatments in France

Hervé Ballone explains the tax treatment of the debt waiver granted by a mother company to its subsidiary having financial difficulties in France A company might, in certain circumstances, voluntarily waive its debt owed to a client, hence the term “ ...

Resource Article - abi_admin - 06/02/2015 - 13:23 - 0 comments - 1 attachment

French Corporate Insolvencies Decline As Economy Picks Up Steam

which in the first three months of 2015 saw GDP growth of 0.6 percent - surpassing market expectations for a 0.4 percent expansion and the fastest growth rate for two years. The fall came despite a ...

Daily Headline - global.abi.org - 05/26/2015 - 20:56 - 0 comments

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

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