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"Whenever there is change, and whenever there is uncertainty, there is opportunity."Mark Cuban, American businessman and investor

In the current global market, very few things are clear other than that volatility and change are ever-present.

The French conciliation procedure, introduced in 2005, has become such a key procedure in France that it cannot be ignored. For any restructuring involving France (whether partially or wholly), the possibility of a conciliation procedure has to be seriously considered.

Concept of conciliation procedure