Expertise
The backup procedure is a protective measure for the director who wishes keep control total of its structure. CGLAW GUYOMARC’H Lawyers intervenes when there is not yet any’cessation of payments to freeze debts and reorganise the business. We are developing Business continuity plans robust, integrating new Affected Party Classes (APC). Our expertise ensures compliance with Best interests test, ensuring the plan is more favourable than liquidation. Safeguarding in these situations allows for the suspension of proceedings while preparing for the future.
Our areas of expertise
In situations where conciliation has not been successful but a draft plan has been drawn up, we support companies in the procedure for Accelerated financial backup. CGLAW GUYOMARC’H Lawyers masters this device and advises its clients on validating a safeguarding plan according to an optimised judicial timetable. It is the ideal tool for companies with complex debt but benefiting from the support of the majority of their creditors. We secure the process so that the agreement becomes enforceable against all, ensuring a rapid return to normal operations.
Testimonials
We will answer your questions and explore suitable solutions together.
Resources
