Insolvency Proceedings in France

Recorded On: 10/10/2019

This on-demand webinar is available for 14 days after purchase and you may watch the on-demand webinar as many times as you like.

After declines of 8% in 2016 and 6% in 2017, corporate insolvencies in France decreased only 1% last year and this year a small increase is expected, according to trade credit insurer, Atradius. However, with about 55,000 insolvencies forecasted for 2019, Atradius says the number of business insolvencies will still be as high as in 2008.

Hear from two in-country attorneys about the ins and outs of what occurs before, during and after an insolvency occurs in France.

  • What responsibilities do creditors have when debtors file?
  • How are the assets of an insolvent company are distributed?
  • Are there other options outside of insolvency that offer some relief to debtors similar to Chapter 11 in the United States?
  • Can creditors force an involuntary insolvency on a debtor?

These are just some of the questions Céline Lustin-Le Core and Anke Sprengel of Endrös-Baum Associés, Paris, will answer about insolvency procedures in France. Join him as he provides a step-by-step look at what happens and gain a basic understanding of what to expect.

About the Speakers

Céline Lustin-Le Core, Partner, Endrös-Baum Associés, Paris After her combined degree at the Universities of Paris 1 Panthéon-Sorbonne and Cologne, Céline Lustin-Le Core completed two courses of further study, in the law of foreign trade and in EU law. Céline practiced for several years in a Franco-German commercial law firm. Her main practice areas are French business law, corporate law and industrial risk. Her working languages are French, German and English.

Jessika Da Ponte, Avocat, Endrös-Baum Associés, Paris After a degree at the University Paris II (Panthéon-Assas) in private law, Jessika Da Ponte completed her studies with a professional master’s degree in fundamental private and litigation law at the University Paris X (Paris West Nanterre la Défense). Jessika is admitted as an avocat in Paris. She specializes in construction law (labor contracts, sub-contracting, project management and project ownership) and industrial risk. Her working languages are French, English and Portuguese.

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Insolvency Proceedings in France
Open to view video.
Open to view video. This on-demand webinar is available for 14 days after purchase and you may watch the on-demand webinar as many times as you like. After declines of 8% in 2016 and 6% in 2017, corporate insolvencies in France decreased only 1% last year and this year a small increase is expected, according to trade credit insurer, Atradius. However, with about 55,000 insolvencies forecasted for 2019, Atradius says the number of business insolvencies will still be as high as in 2008. Hear from two in-country attorneys about the ins and outs of what occurs before, during and after an insolvency occurs in France. What responsibilities do creditors have when debtors file? How are the assets of an insolvent company are distributed? Are there other options outside of insolvency that offer some relief to debtors similar to Chapter 11 in the United States? Can creditors force an involuntary insolvency on a debtor? These are just some of the questions Céline Lustin-Le Core and Anke Sprengel of Endrös-Baum Associés, Paris, will answer about insolvency procedures in France. Join him as he provides a step-by-step look at what happens and gain a basic understanding of what to expect.
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