Regional news: France
A&O advises on controlled Dutch scheme liquidation
The former holding company of international outdoor clothing group AS Adventure has been liquidated after securing a cooling-off period under Dutch scheme proceedings, which allowed it to formulate a liquidation plan while the rest of the group was sold through a share pledge enforcement.
15 July 2021
Community round-up: partners move firms across Europe and the US
Advisory firm Alvarez & Marsal has hired a new leader for its Italian restructuring group, while law firms K&L Gates, MÖNIG and Eversheds Sutherland have added partners across Europe, and US firms CohnReznick and Fox Rothschild have bolstered their practices on the East Coast.
09 July 2021
Round-up: new hires for advisory firms across Europe
Alvarez & Marsal has hired a managing director from Deloitte in Germany, while RSM has lost two practitioners in Ireland and London, but added a partner in Leeds - and US global credit manager GoldenTree has welcomed a new European restructuring head in London.
15 June 2021
New leaders for Potter Anderson, Gibson Dunn and Erskine Chambers
Delaware-based law firm Potter Anderson & Coroon has promoted a new restructuring head in Wilmington, while Gibson Dunn & Crutcher has announced new practice chairs in Asia, Europe and the US, and the UK’s Erskine Chambers has appointed a company and insolvency specialist as its new head.
03 June 2021
Lion Air leasing dispute falls foul of English service rule
An aircraft leasing group that is trying to sue Indonesian and Thai subsidiaries of Asia’s Lion Air in England should have sought permission for service out of the jurisdiction before applying for alternative service, a court has found, in a dispute playing out against parallel conciliation proceedings in France.
28 April 2021
Hogan Lovells leads on €4.5 billion restructuring of French hotel operator
A long list of law and advisory firms have helped international hotel operator AccorInvest Group secure additional financing and complete a multi-jurisdictional restructuring of its €4.5 billion debt pile.
07 April 2021
Europcar completes restructuring, receives US recognition
A New York court has recognised car rental firm Europcar’s French restructuring, a day after a Paris court approved its accelerated financial safeguard plan to reduce its debt by €1.1 billion.
01 March 2021
Faegre Drinker continues rapid growth with US hires
Robins Kaplan’s Los Angeles-based restructuring chair and a Foley & Lardner partner in New York have become the latest additions to Faegre Drinker Biddle & Reath’s fast-expanding restructuring group.
22 February 2021
Bryan Cave Leighton Paisner hires from Brown Rudnick
Bryan Cave Leighton Paisner has hired Brown Rudnick partner Didier Bruère-Dawson to help expand its offering in Paris.
22 February 2021
France’s FHB and BTSG takes roles as manufacturer enters safeguard
Paris-based manufacturer Vallourec has entered safeguard proceedings to reduce its €3.5 billion debt pile by more than half, with restructuring professionals from French firms FHB and BTSG taking court-appointed roles.
09 February 2021