Taking over a struggling business is not something that can be done on the fly; it is a true «specialist’s craft» in which boldness must go hand in hand with legal rigour. In this article from the New Economist, the firm's expertise is sought to shed light on the complex issues surrounding judicial sales.
Unlike the acquisition of a company in good standing, the takeover from the court is carried out «without a safety net»: the buyer does not benefit from any asset and liability guarantee. The success of the operation depends on flawless predictive diagnostics and the ability to convince the Court of the sustainability of the industrial and social project.
Maître Patricia Guyomarc’h stresses the importance of being supported by highly specialised advice to navigate between ad hoc mandates, conciliation, and sale plans. For a growing group, these opportunities are real but require a perfect command of judicial timelines and the workings of commercial courts.
