On 1 October 2021, France adopted new laws on restructuring and insolvency with the objective of rebalancing competing interests of different stakeholders. It remains debtor driven, and has more court involvement than other jurisdictions, but in many aspects, creditor protections are greatly improved.
Restructuring partners Anne-Sophie Noury and Andrew Wilkinson spoke to Chris Haffenden, editor of 9fin to discuss the new French restructuring process and how it compares to the UK restructuring plan.
Click below to listen to the podcast.
More from the Weil European Restructuring Blog
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