Regional news: France
Paul Hastings partner joins growing Freshfields team
Freshfields Bruckhaus Deringer has continued its recent hiring spree with the addition of a Paul Hastings partner who it says will help grow the firm’s judicial and debtor capabilities in Paris.
02 June 2023
Squire Patton Boggs continues European recruitment drive
The head of Glaisyers’ restructuring group has joined Squire Patton Boggs in Manchester, adding to a growing practice that has also welcomed a Brown Rudnick team in London and a partner in Paris in recent months.
09 May 2023
Weil Distress Index: UK market shows the most distress in Europe
The UK is showing more signs of distress compared to other parts of Europe and is the only major European economy still expected to enter a recession this year, Weil Gotshal & Manges’ latest Distress Index figures confirm, as they suggest distress has eased in most other key European countries.
30 March 2023
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