German Chancellor Angela Merkel and French President Emmanuel Macron presented a joint Franco-German proposal on the European recovery from the coronavirus crisis on 18 May 2020. The main aim is to set up a €500 billion Recovery Fund at EU level for solidarity and growth, managed by the EU Commission. The funds are to be … Continue Reading
This quick guide summarises the duties that directors of French companies are subject to, and how those duties change when the company is insolvent or at risk of being insolvent. It also gives an overview of the personal risk to directors when the company is in financial difficulty and suggests some practical tips to help … Continue Reading
Alex Le Ninivin has written for the Turnaround Management Association about a new wave of reforms in France aimed at adapting the law on companies in financial distress to the current financial crisis. The reform’s main objective is to reinforce and extend the measures for detecting companies in financial distress to enable them to restructure … Continue Reading
