icon_arrow_bulky icon_arrow_thin icon_blog icon_bookmark icon_calendar icon_chevron_closed icon_chevron_open icon_close icon_comment icon_document icon_download icon_eguide icon_globe icon_lawnow icon_regzone icon_linkedin icon_list icon_location icon_mail icon_menu icon_news icon_newsletter icon_phone icon_pin icon_print icon_reply icon_retweet icon_search icon_share icon_share_alt icon_star icon_target icon_thumbs_up icon_twitter icon_upload icon_user_card icon_users icon_xing icon_youtube icon_blog icon_facebook

Our people

Our cross-border teams understand the details of your business and the environment you work in.

Show France team Show France-Lyon team Show all people


Show results



Show results

Jurisdiction / Region

  • Loading...

More information




CMS Worldwide

Selected jurisdiction


Latest news

Press contact






Next Events


CMS on LinkedIn

Follow us

Lawyers for organisation and financing of the public sector

In France the public sector is particularly vast: the Government, local public entities, public institutions, public and para-public bodies, as well as mixed-economy companies and public companies. These various players must manage undiminished demand for renewed public intervention, in a context of deficit and public debt reduction.

Faced with this challenge, they must be innovative and flexible in their approach and their funding sources so as to maintain adequate room for manoeuver.

In this context we have developed solid experience in the area of helping public players and their partners carry out their investment and diversification projects, as well as all the changes in their organisation and governance: subsidiarisation of activities, outsourcing and sharing services, privatisation, restructuring, transformation and creation of new structures, institutional cooperation, etc.

You can also benefit from global support covering all issues related to carrying out and financing such operations:

  • assistance with choosing the structure (public institution, mixed-economy company, single-operation mixed-economy company, local public company, public-interest group, economic-interest group, non-profit company, commercial company, etc.);
  • determination of the structure’s governance and operating rules;
  • risk audits and analyses;
  • handling of the operation with regard to issues of “Maastrichtian” deconsolidation (so-called national accounting, according to Eurostat criteria);
  • drafting the legislative and regulatory texts necessary to carry out the operation. 

Similarly, we assist with all financing operations in which one or more public operators are involved. The firm has developed a recognised expertise in instituting financing techniques as an alternative to public borrowing. In particular, we help public sector players, banks and financial investors issue bonds on the market (“EMTN” programmes), securitise public receivables and create investment funds.

These operations enjoy strong institutional support from some of the firm’s partners (former members of the Conseil d’Etat and the Conseil Constitutionnel) and our multidisciplinary approach (competition law and government subsidies, banking and finance law, public finance law, tax law, corporate law, social law, and criminal law, in particular).

Read more Read less
Language spoken


Weill Sophie
Sophie Weill
France, Neuilly-sur-Seine
Sophie Weill has been a lawyer in the Public Law Department of CMS Francis Lefebvre Avocats since 2008.She works in the following areas: public contracts (including public procurement contracts, concessions,...
Picture of Aurore-Emmanuelle Rubio
Aurore-Emmanuelle Rubio
France, Neuilly-sur-Seine
Aurore-Emmanuelle joined the Energy team as an associate in January 2010, having practiced in the telecoms sector with law firm Bird & Bird. She has specific expertise in energy (both renewable and fossil...
Eleni Moraitou
Eleni Moraïtou
France, Neuilly-sur-Seine
Eleni is a member of the Competition and European Law team since May 2011.Her practice focuses on issues related to the public sector and to the intervention in the market of public operators as well...
Devedeix Marc
Marc Devedeix
France, Neuilly-sur-Seine
Marc joined CMS Francis Lefebvre Avocats in 2017, within the Energy team, as a lawyer, after an experience as a trainee lawyer in the team.He advises the clients for their regulated industrial activities,...
Picture of Thomas Carenzi
Thomas Carenzi
France, Neuilly-sur-Seine
Thomas Carenzi has been a lawyer in the Public Law Department of CMS Francis Lefebvre Avocats since 2011.He practices public business law and in particular in the following areas: public contracts (including...