Podcast

Podcast: Restructuring Across Borders Toolkit - France

We have recently relaunched A&O Shearman’s Restructuring Across Borders Toolkit. This resource is developed by our market-leading restructuring group (where applicable, in conjunction with our partner law firms) offering a free and easy-to-use resource that provides information and guidance on key practical aspects of restructuring and insolvency proceedings in more than 50 jurisdictions around the world.

To celebrate this relaunch colleagues from across our European network have sat down with Christopher Poel to discuss what pre-insolvency rescue and compromise proceedings are available to debtors in those jurisdictions, whether there have been any novel or exciting uses and deployments of those processes, and if there’s anything interesting coming down the line.

The seventh podcast takes a look at the current state of the French restructuring regime with Tristan Jambu-Merlin and Antoine Santoni. Alongside the more amicable and voluntary processes such as conciliation and the mandat ad hoc, the team also consider some of the other collective procedures which can bind all creditors to a plan (including dissenters) such as safeguard and accelerated safeguard, as well as some practical examples of the use of these procedures.