Regional news: France

Mayer Brown announces tie-up with French boutique, adds partner in Brazil

Expanding its restructuring offering across Europe and Latin America, Mayer Brown has announced a collaboration with French boutique Santoni & Associés in Paris and hired a restructuring partner to its associated firm in São Paulo.

08 July 2022

French-Bermudian JV's creditors agree to Chinese restructuring

Creditors of a joint venture between Bermuda-registered car manufacture Brilliance Auto and France’s Renault have approved the formation of a committee to oversee a restructuring in China.

25 May 2022

FTI Consulting appoints new Paris head

FTI Consulting has hired a new head for its corporate finance and restructuring segment in Paris, who has left behind his own interim CEO and executive management firm after 14 years.

13 May 2022

McDermott Will & Emery, Goodwin advise as French aerospace manufacturer restructures

French aerospace manufacturer Figeac Aéro Group has reached an agreement with creditors for a restructuring that will extend its bond and loan maturities and also see French asset management group Tikehau Capital become a shareholder.

19 April 2022

Global tech firm Sungard secures Canadian recognition

Tech software and services firm Sungard has received Canadian recognition of its second Chapter 11 restructuring in three years, days after a Texas court granted it access to debtor-in-possession financing.

19 April 2022

Lenders seek receiver as Lycra parent stretched

Hong Kong and Korea-based lenders to Chinese fashion giant Shandong Ruyi have moved to appoint Alvarez & Marsal as receiver over some of its assets, in a bid to take control of its Lycra subsidiary.

24 February 2022

Addleshaw launches insolvency practice in Paris

Addleshaw Goddard has added insolvency and restructuring capabilities to its new Paris office, with a partner hire from French law firm Hoche Avocats.

14 February 2022

Cassini fails in UK appeal over information during French safeguard

French events organiser Cassini has failed to persuade an appeal court that it was absolved from having to pass on information to its lenders under English-law governed covenants while in safeguard proceedings in its native France.

07 February 2022

DIPping a toe in the water: US-style rescue finance comes to the EU

A Hogan Lovells team looks at some of the differences in the way post-petition finance provisions have been (or will be) implemented in France, Germany, Italy and the Netherlands, drawing comparisons with the established DIP finance regime in the US.

26 January 2022

New Weil study on corporate distress finds liquidity pressures rising

UK corporates experienced the highest levels of relative distress in Europe during the pandemic, a new study from Weil Gotshal & Manges has found, with liquidity pressures now rising as governments roll back financial stimulus measures.

16 December 2021

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