Restructuring

Our restructuring and insolvency team draws on the solid expertise of its partners to support companies in difficulty, their creditors and/or shareholders and directors, as well as the bodies involved in the proceedings (insolvency practitioners and liquidators).

With in-depth knowledge of the key players and practices in restructuring and insolvency proceedings across the whole of France (including the overseas territories), Steering Legal provides both advisory and litigation services, whether for the amicable resolution of corporate difficulties or within the framework of insolvency proceedings.

  • Steering Legal advises and supports businesses in the preventive management of corporate difficulties (particularly in negotiations between companies in difficulty and their shareholders and directors with their creditors (banking or other), suppliers and business partners), within the framework of amicable procedures – ad hoc mandates, conciliation and provisional administration – where appropriate under the auspices of the Interministerial Committee for Industrial Restructuring.
  • Steering Legal assists and represents all parties involved in insolvency and compulsory liquidation proceedings, as well as in safeguard proceedings and accelerated safeguard proceedings. In this context, the teams’ expertise in company law and M&A enables them to assist with transactions falling within the scope of distressed M&A, including prepackaged sales.
  • Finally, Steering Legal possesses the expertise to handle litigation in collective proceedings, particularly those arising from claims for civil and/or criminal liability against directors and shareholders (actions to make good the shortfall in assets, bankruptcy, etc.).

Customer testimonials