Anticipating difficulties and securing recovery solutions
Restructuring situations bring together diverging interests, compressed timetables and decisions that can have a lasting impact on the financial and operational position of all parties. Exposed executives, creditors seeking visibility and investors looking for solutions all need rapid analysis, a clear view of available options and disciplined execution in matters where timing is critical.
We advise companies, executives, shareholders, investment funds, financial institutions and creditors at every stage — from the first warning signs through to the implementation of the chosen solutions, in both consensual restructuring processes and formal insolvency proceedings.
Our objective is to structure economically viable solutions, defend our clients’ interests with rigour and give them the visibility they need to navigate restructuring situations.
A pragmatic and resolution-oriented approach
A turnaround situation requires a rapid and precise assessment of the financial, legal and operational balances at stake, together with the ability to propose pragmatic solutions that take into account the constraints and objectives of each stakeholder.
We assist executives and shareholders from the first warning signs by analysing available options, structuring negotiations and securing the implementation of the appropriate procedures. We also defend creditors and financial institutions with the same level of rigour in restructuring plan negotiations, debt recovery and the protection of their positions.
Mandat ad hoc, conciliation, safeguard proceedings, judicial reorganisation, continuation plans and sale plans: we build pragmatic strategies aligned with the economic reality of each matter.
Areas of practice
- Prevention of difficulties and debt restructuring
- Mandat ad hoc and conciliation proceedings
- Safeguard proceedings and judicial reorganisation proceedings
- Continuation plans and sale plans
- Negotiations with creditors and financial partners
- Acquisition of distressed assets and distressed businesses
- Financial and operational restructurings
- Prevention of executive liability risks
- Litigation relating to distressed companies
- Management of executives’ personal exposure and related issues
A coordinated cross-practice approach
Restructuring is never handled on a single front. A plan may simultaneously involve financial, employment, tax and operational issues that cannot realistically be addressed in sequence. Negotiations between creditors and debtors require corporate, finance and litigation expertise within very tight timeframes. A distressed acquisition requires M&A, employment law and tax support with the same urgency.
Our cross-practice organisation allows us to activate without delay the expertise required from our corporate/M&A, finance, tax, employment law and litigation teams, and to coordinate them within the compressed timetables of restructuring proceedings.
With offices in Paris, Lille, Lyon and Aix-en-Provence, the firm acts throughout France, with regular experience before commercial courts and within the wider restructuring ecosystem.
Long-term client relationships
Crisis situations test the quality of legal advice. Our clients — executives, shareholders, creditors and investors — entrust us with their matters to maintain direction, clarify options and defend their interests, whatever the complexity of the situation or the pressure of the timetable.
We build direct and frank relationships with our clients, grounded in transparent analysis, precise recommendations and continuity of commitment.
Our commitment as lawyers
Our commitment as lawyers means acting with lucidity and determination in matters where interests diverge, room for manoeuvre narrows and decisions must be taken quickly. Defending our clients’ interests, structuring and implementing restructuring solutions means placing both technical and cross-practice expertise at the service of matters that require the very best legal advice.
Recognition
