Regional news: France
Comet liquidator secures partial release of £89m unfair preference judgment award
The liquidator of insolvent electronics group Comet has secured an order from the English High Court releasing a portion of an £89 million judgment awarded to him, pending an appeal of what was thought to be the largest unfair preference claim ever brought before the court.
21 March 2023
Brown Rudnick team joins Parisian boutique
French private equity boutique Moncey Avocats has hired a partner from Brown Rudnick’s recently closed Paris office to lead its restructuring practice.
31 January 2023
French care group presents turnaround plan as prosecutors raid homes
Disgraced international care home group Orpea has revealed a turnaround plan that it hopes to pursue in French conciliation proceedings, which could see it withdraw unprofitable locations globally and equitise around US$3.8 billion in unsecured debt.
21 November 2022
White & Case advising as French care homes group opens creditor talks
Scandal-hit French care home operator Orpea has opened negotiations with creditors to restructure its multi-billion dollar debt pile after allegations of accounting fraud and mistreatment of residents surfaced earlier this year.
31 October 2022
Garuda wins Ch15 recognition but Irish lessors prepare for fight
Indonesia’s national airline has secured US recognition of its US$9.5 billion restructuring plan, but two Irish lessors said they will resist attempts by the company to seek enforcement orders.
27 October 2022
A&M continues European expansion with rehire in Paris
Roland Berger partner Benoît Hochet has returned to Alvarez & Marsal as a managing director in Paris after six years away from the firm, during which time he helped guide Swiss vending machine company Selecta through its international restructuring.
17 October 2022
Another Brown Rudnick partner joins Squire Patton Boggs
Squire Patton Boggs has recruited another partner from Brown Rudnick in Paris, weeks after it added a five-strong team from the firm in London.
26 September 2022
EY restructuring head joins AlixPartners in Paris
AlixPartners has recruited seasoned turnaround partner Olivier Sibenaler from EY in Paris, where he led the Big Four firm’s operational transformation and restructuring group for Western Europe.
22 September 2022
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