The Restructuring team handles all aspects relating to companies in financial difficulty, whether corporate restructuring in the context of amicable proceedings (ad hoc mandates, conciliation) or court-supervised proceedings (safeguard, reorganisation or liquidation). The team’s lawyers represent all parties in these situations, whether debtors, shareholders, financial creditors or potential purchasers.
Litigation of various kinds frequently arises in the context of restructuring in crisis situations, including for example:
- Appeals filed by debtors, unsatisfied creditors or employee representatives against decisions rendered in proceedings seeking to obstruct or challenge the restructuring, or
- Legal actions brought by, for example, the administrators or employees against the managers, the shareholders or the purchasers seeking to obtain that they be held liable.
These highly sensitive situations and the many opposing interests often lead to litigation.