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.
Contributor(s)
More from the Weil European Restructuring Blog
This website is maintained by Weil, Gotshal & Manges LLP in New York, NY © 2020 Weil, Gotshal & Manges LLP, All Rights Reserved. The contents of this website may contain attorney advertising under the laws of various states. Quotation with attribution is permitted. This publication is provided for general information purposes only and is not intended to cover every aspect of the purpose for the law. The information in this publication does not constitute the legal or other professional advice of Weil London or the authors. The views expressed in this publication reflect those of the authors and are not necessarily the views of Weil London or of its clients. These materials may contain attorney advertising. Prior results do not guarantee a similar outcome.