RESTRUCTURING – LAW OF COMPANIES IN DIFFICULTY
Thanks to our cross-functional experience in large-scale cases, our approach is pragmatic in dealing with our clients’ major issues.
We have developed a very global approach to national and international cases, and we strive to reconcile their legal, financial, operational and social challenges, without limiting ourselves to a legal vision.
We assist companies in difficulty, their creditors, their shareholders and managers, and investors and buyers who wish to carry out a project to support or take over companies in difficulty, in order to provide them with additional legal expertise during the course of the procedures and in the management of the resulting litigation.
We work closely with our teams of experts in corporate and M&A law, financing and securities law, labor law, intellectual property law, real estate/commercial leases, competition law, public law and environmental law in order to offer our clients comprehensive support at all stages of their restructuring or reorganization operations.
Our expertise
CRISIS MANAGEMENT AND PREVENTION OF DIFFICULTIES
We design creative solutions to achieve success. Our lawyers assist companies in difficulty themselves or their partners in prevention procedures in their decision making. Familiar with crisis management, our lawyers operate in the following areas :
- Detection and analysis of the company’s economic and financial difficulties ;
- Identification of solutions adapted to its situation ;
- Implementation of preventive measures : moratoriums with public and private creditors, opening and follow-up of confidential ad hoc mandate and conciliation procedures, negotiation and drafting of memoranda of understanding with a view to ensuring the company’s sustainability.
INSOLVENCY PROCEEDINGS : SAFEGUARDING, RECOVERY AND JUDICIAL LIQUIDATION
Our solid expertise in judicial procedures allows us to optimize the use of these restructuring tools, to ensure the preservation of the interests of the parties involved, each in their own role, considering a value-preserving exit from the procedure. We advise in particular in the following areas :
- Assistance to companies in difficulty : Identification of the procedural solution, implementation and follow-up of the procedure.
- Assistance to co-contractors and creditors : enforceability and preservation of the rights of co-contractors and creditors in the insolvency proceedings, monitoring of the proceedings as a controller, negotiation of solutions at the end of the proceedings, etc.
DISTRESSED M&A
The takeover of a company in difficulty is not dealt with according to the same criteria as M&A in bonis. The procedural framework in which a transfer of a company in difficulty can take place imposes specific rules. Our transversal approach to cases and the skills of our Restructuring and M&A lawyers enable us to assist our clients in addressing these specific situations and the complex issues that arise therefrom.
- Assistance to buyers interested in acquiring companies in difficulty, branches of their activity or their isolated assets: Identification of assets and terms of purchase, formalization of the offer according to the procedure, assistance in dealings with the procedural bodies, the court or the official receiver...
CRISIS LITIGATION
Our lawyers assist their clients: companies, managers, shareholders and creditors in the management of their crisis situation, they assist them in particular in litigation involving :
- Liability of directors and shareholders (e.g.: settlement of debts, co-employment, liability ... ) ;
- Defense of the parties involved ;
- Assistance in the recovery of assets, claims or the realization of securities.
A multi-disciplinary excellence dedicated to listed companies in difficulty – Le Figaro Partner Restructuration, 12/10/2022
Derogating in certain respects from the rules of non-listed companies, the restructuring of listed companies requires the simultaneous orchestration of expertise in stock market law, restructuring and financing. Laïd Estelle Laurent and Bertrand Biette, partners specializing in restructuring, and Cyril Deniaud, partner specializing in stock exchange law, explain the principles governing the restructuring of listed […]
Paris | RESTRUCTURING – LAW OF COMPANIES IN DIFFICULTY | LISTED COMPANIES AND CAPITAL MARKETS LAW
Transposition of the European Insolvency Directive: A rebalancing between companies in difficulty and their creditors- La Jaune & La Rouge, October 2022
Laïd Estelle Laurent and Bertrand Biette, partners, review the legislative changes brought about by the transposition of the European Insolvency Directive into French law. In particular, they tell us more about the more important place given to creditors in the elaboration and negotiation of recovery and turnaround plans. Meeting.
Paris | RESTRUCTURING – LAW OF COMPANIES IN DIFFICULTY
Best Lawyers in France : Rankings 2023
The firm is pleased to have 20 of its lawyers ranked, including 1 new entry in the following categories : Jean-François Adelle Banking and Finance Law Bertrand Biette Insolvency and Reorganization Law Jacques-Henry de Bourmont Tax Law Thierry Brun Corporate Law Mergers and Acquisitions Law Yvon Dréano Corporate Law Mergers and Acquisitions Law Karl Hepp […]
Paris | BANK-FINANCE-REGULATORY | LITIGATION – ARBITRATION – MEDIATION | COMPETITION AND ECONOMIC LAW | CORPORATE – M&A – PRIVATE EQUITY | ENERGY AND NATURAL RESOURCES LAW | TAX | REAL ESTATE | MERGERS AND ACQUISITIONS | CAPITAL MARKETS AND STOCK EXCHANGE LAW | IP, TECH & DATA | PUBLIC LAW – PUBLIC CONTRACTS | RESTRUCTURING – LAW OF COMPANIES IN DIFFICULTY
Jeantet advises Apollo on its €500 million investment in Air France-KLM
Paris, July 19, 2022, Jeantet advises Apollo Global Management on the signing of a final agreement for a €500 million investment in a subsidiary of Air France-KLM. Apollo Global Management and Air France-KLM announced that they have entered into a final agreement relating to the issuance of perpetual super-subordinated notes, fully subscribed by Apollo Global […]
Paris | CORPORATE – M&A – PRIVATE EQUITY | BANK-FINANCE-REGULATORY | TAX | RESTRUCTURING – LAW OF COMPANIES IN DIFFICULTY
Jeantet advises Figeac Aéro in connection with its financial restructuring
Paris, April 6, 2022 – Jeantet advises Figeac Aéro (listed on the regulated market of Euronext Paris, compartment B), a reference partner of major aeronautical corporations, in its financial restructuring. As part of this financial restructuring conducted under the aegis of the French Government’s Interministerial Committee on Industrial Restructuring (CIRI), an agreement was reached between […]
Paris | LISTED COMPANIES AND CAPITAL MARKETS LAW | FINANCIAL, INDUSTRIAL AND SOCIAL RESTRUCTURING | BANKING AND FINANCE LAW
Enhanced secured creditors in france after cornerstone reform of security law and collective proceedings of september 15, 2021, october 2021
Ordinances n°2021-1192 and 2021-1193 of September 15, 2021, respectively reforming security law and amending Book VI of the French Commercial Code, implement mandates of the PACTE Law of May 22, 2019[1] to: modernize security law[2], improve the articulation of security law with collective proceedings law[3] and transpose the (EU) Directive 2019/1023 of June 20, 2019[4], known as […]
Paris | INSOLVENCY PROCEEDINGS | RESTRUCTURING – LAW OF COMPANIES IN DIFFICULTY | BANK-FINANCE-REGULATORY
End of public aid: how to minimise the impact on businesses? – Option Finance, 05/20/2021
The difficulties that businesses continue to face due to the economic fallout from the Covid-19 pandemic raise fears of a wave of bankruptcies with the gradual phasing out of state aid. The government has therefore taken new measures (deferral of repayment of EGPs, equity loans, etc.) which complement those already applied since the beginning of […]
Paris | RESTRUCTURING – LAW OF COMPANIES IN DIFFICULTY
[INTERVIEW] Restructuring : preparing for the future in an uncertain world – ODA, 03/05/2021
More than a year ago, Covid-19 appeared in France. Today, the facts are clear: in addition to the obvious health crisis, the pandemic has permanently weakened an economic structure made up of companies that have not recovered their pre-crisis level of activity. If the measures taken, both by the government and by industrialists and their […]
Paris | RESTRUCTURING – LAW OF COMPANIES IN DIFFICULTY
{WEB TV] Quel avenir pour les aides publiques en faveur des entreprises créées depuis le début de la crise sanitaire du COVID-19 et de leurs perspectives de remboursement ?, 02/16/2021 B SMART TV
Discover the lightning of our partner Laïd Estelle LAURENT, speaking on B SMART channel.
Paris | RESTRUCTURING – LAW OF COMPANIES IN DIFFICULTY
[WEB TV] Transposition de la Directive Européenne (UE) 2019/2023, “Restructuration et Insolvabilité” du 20 juin 2019, 02/09/2021 B SMART TV
Bertrand Biette speaks on B SMART channel on the subject of the transposition of the European Directive (EU) 2019/2023, “Restructuring and Insolvency” of 20 June 2019.
Paris | RESTRUCTURING – LAW OF COMPANIES IN DIFFICULTY
Distressed M&A for France in 2021- Lexology Getting The Deal Through, 01/01/2021
Distressed M&A for France in 2021, Lexology Getting The Deal Through. https://www.lexology.com/gtdt/tool/workareas/report/distressed-m-and-a/chapter/france
| DISTRESSED M&A | MERGERS & ACQUISITIONS | RESTRUCTURING – LAW OF COMPANIES IN DIFFICULTY
Jeantet strengthens its expertise in restructuring with the arrival of two new partners
Paris, 5 January 2021 – Laïd Estelle Laurent and Bertrand Biette, accompanied by their team, will join Jeantet in January as partners to develop the restructuring division, thus confirming the firm’s development strategy.
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