Practice areas

Distressed companies – Restructuring

The Distressed Companies – Restructuring department at DELSOL Avocats assists companies in crisis, insolvency practitioners, as well as acquirers, at every stage of addressing economic and financial difficulties.
Our attorneys are involved both in the prevention phase (conciliation, ad hoc mandates) and during insolvency proceedings (sauvegarde, receivership, or liquidation), to ensure the continuity, restructuring, or takeover of operations under the best possible legal and economic conditions.

Presentation

Led by three specialists in distressed companies—Amaury DUMAS-MARZE, Philippe DUMEZ, and Manuel WINGERT—along with Delphine BRETAGNOLLE and Philippe PACOTTE in labor law and Séverine BRAVARD in financing, the “Distressed Companies – Restructuring” department primarily assists business owners, creditors, debtors, buyers, as well as judicial administrators and receivers.

The team’s expertise covers a range of areas, including pre-litigation support, corporate insolvency law, directors’ and officers’ liability, suretyship, commercial contracts, and debt collection, among others, providing both advisory services and representation in potential litigation.

Our firm specializes in particular in:

Preventive proceedings

Ad hoc mandates
Conciliation

Collective proceedings

Safeguard proceedings, Expedited/Accelerated Safeguard proceedings,
Judicial Reorganization
Judicial liquidation

Court-Supervised Business Acquisitions before the Commercial Courts and Judicial Courts

Audits
Monitoring of the bidding process
Legal, financial, and tax structuring of acquisition transactions
Preparation of prepackaged sale arrangements; drafting and presentation of the acquisition offer
Monitoring and implementation of the sale plan

Director liability

Assistance in defending executives in the context of sanction proceedings (liability for insufficiency of assets, management bans, personal bankruptcy, bankruptcy offenses)
Defense of executives in the enforcement of guarantee obligations

Labor relations support

Labor audit, labor strategy for takeover bids, and management of related proceedings before employee representatives
Restructuring plans (outside and within collective proceedings)
Labor aspects of business transfers

Financing support

Renegotiation of bank debt or mezzanine debt
Negotiation and implementation of terms for refinancing bank debt or mezzanine debt
Establishment of security interests (including, in particular, trust arrangements)

Rankings