July 6, 2023
Author
Paulette Bennia

RESTRUCTURING - Is France Still as "Debtor Friendly"?

Date of the event:

Revue Banque - May 2023

Historically, when examining a map of Europe categorizing restructuring systems, France was marked in red, in stark contrast to the United Kingdom, which appeared in green. This was undoubtedly a "no-go" for foreign creditors, who still harbored the bitter memory of the Cœur Défense restructuring in 2011…

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