Our firm assists distressed companies, their executives, shareholders, and creditors in managing financial crises and implementing solutions tailored to each situation. We intervene at every stage of prevention and insolvency proceedings, prioritizing pragmatic and secure strategies to preserve business activity and mitigate risks.

Prevention and Anticipation of Financial Distress

Early detection of difficulties allows for effective solutions before the situation deteriorates. We assist our clients with:
· Financial audit and diagnosis: identifying levers for action and legal risks.
· Implementation of preventive measures: optimizing contractual commitments and negotiating with financial partners.
· Support in out-of-court proceedings: ad hoc mandate, conciliation, and debt restructuring.

Corporate Restructuring and Crisis Management

When difficulties intensify, we support our clients through appropriate proceedings to secure their activity and enable a turnaround:
· Insolvency proceedings: safeguard, reorganization (redressement), and judicial liquidation.
· Negotiation with creditors: debt restructuring, continuation plans, and debt-to-equity swaps.
· Managing relations with court-appointed officials: administrators, creditors' representatives, and bankruptcy judges.

Support for Executives and Shareholders

Executives and shareholders are particularly exposed during periods of economic difficulty. We assist them with:
· Liability management: preventing the risk of personal sanctions and implementing best governance practices.
· Internal restructuring: disposal of strategic assets, subsidiarization, and capital reorganization.
· Turnaround solutions: turnaround plans and post-crisis M&A.

Distressed M&A and Restructuring Litigation

Our firm also assists investors and buyers interested in acquiring assets or distressed companies:
· Audit and evaluation of acquisition opportunities: risk identification and offer structuring.
· Asset acquisition through divestment plans: securing takeover conditions.
· Litigation related to insolvency proceedings: debt disputes, liability actions against executives, and disputes with court-appointed officials.

A Strategic and Responsive Approach

We adopt a tailor-made approach, combining legal expertise and strategic vision, to help our clients overcome their difficulties and seize turnaround opportunities. Our commitment is to provide adapted, responsive, and innovative solutions, taking into account the economic and social stakes of each situation.

Philippe Pradal