In a environment where companies are confronted with economic and financial difficulties that have an impact on their profitability, their cashflow and ultimately their long-term survival, it is essential to react rapidly and effectively by setting up adequate tools in order to ensure their economic future.
For companies, the key word is anticipation. This means that at the first sign of problems, the manager must surround himself or herself with professionals who are specialised in helping companies in difficulty in order to set up solutions to cope with and overcome these problems. More often than not, the company’s debt must be restructured, hence the name “restructuring”.
For buyers, it is important to rapidly identify a company in difficulty that is likely to be the subject of a disposal plan or an internal acquisition and to grasp all the legal issues related to the planned operation.
For creditors, it is essential to assert their rights and defend their interests.
The solicitors of CMS Francis Lefebvre Lyon, dedicated to business law for companies in difficulty/undergoing restructuring, advise and assist their clients on all matters regarding companies in difficulty, both on a national and international level thanks to their membership of the CMS network.
Our areas of activity
Prevention of difficulties and restructuring
Procedures for the legal handling of difficulties (safeguarding, court-supervised reorganisation and liquidation)
Benefiting from long-standing experience of the law for companies in difficulty, our lawyers display their operational dynamism on a daily basis, notably through:
We advise and assist medium-sized companies as well as groups of national and international companies.
We operate in a great variety of business sectors such as the automobile sector, services, distribution, industry, property development, security, education, public works, etc.
It is led by Carole Dessus, who has gained a reputable experience in prevention of difficulties (ad hoc mandate and conciliation) for all types of cases and especially for companies under LBO. She also has considerable expertise in terms of business acquisitions in court, acting on behalf of buyers.
The team of the Businesses in Difficulty/Under Restructuring Centre benefits in specific problem areas from the skills of the other departments of CMS Bureau Francis Lefebvre Lyon (corporate, private equity, social, fiscal, real estate) and those of its international CMS network.