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Restructuring and insolvency

BG2V BG2V

Partners in charge of the practice

Restructuring and insolvency

BG2V has recognized expertise in the issues related to restructuring and insolvency.  We regularly assist the firm’s clients in acquiring companies facing financial difficulties either preventively or in court.

BG2V’s team mainly works on:

  • preventing financial difficulties (ad hoc mandate and conciliation)
  • handling companies’ financial difficulties in court (counsel to companies in rescue, bankruptcy or liquidation proceedings)
  • assisting investors and buyers in acquiring distressed companies
  • top executives’ liability

In close cooperation with BG2V’s tax and labor teams, we offer an overall, multidisciplinary approach in restructuring and insolvency matters.

Some of our recent work includes:

  • Counsel to a North-American manufacturer for purchasing an eco-designed women’s fashion trademark and its chain of stores and franchises
  • Counsel to a leading actor in the car body industry for acquiring several car body shops in France
  • Counsel to a European manufacturer for purchasing assets in the aluminum transformation sector
  • Counsel to a restaurant company in preparing its bankruptcy plan
  • Counsel to an actor in the real estate field in an ad hoc mandate proceeding
  • Counsel to executives in a sanctions proceeding

Latest News

The Pacte bill

January 2019. The Pacte bill proposes to modernize the regime of preferred shares in order to encourage investments made notably by funds.  Hence, Article 28 of the Pacte bill proposes several modifications including the implementation of preferred shares which can be bought back no longer only by the company, but at the “joint initiative” of the issuing company and the subscriber.

The Pacte bill

BG2V and Carrel law firm, lawyers for Anagenesis Biotechnologies for raising 3 M€

December 2018. Carrel law firm and BG2V assisted Anagenesis Biotechnologies in raising capital for the second time since its creation in 2011.

BG2V and Carrel law firm, lawyers for Anagenesis Biotechnologies for raising 3 M€

BG2V, lawyers for the founders of Luckey Homes for its acquisition by Airbnb

December 2018. BG2V assisted the founders of Luckey Homes, a French start-up specialized in property management for owners and users of short-term rental reservation platforms, in its acquisition by Airbnb.

BG2V, lawyers for the founders of Luckey Homes for its acquisition by Airbnb

BG2V, NextStage’s lawyer for Eurazeo’s acquisition of EFEESO Consulting

November 2018. BG2V (Hervé de Kervasdoué, partner) assisted NextStage, an independent management company, approved by the AMF, one of the pioneers and leaders in capital development in France, for the agreement for the acquisition by Eurazeo PME, alongside the management and Argos Wityu, of EFESO Consulting’s capital.

BG2V, NextStage's lawyer for Eurazeo's acquisition of EFESO Consulting

France is about to toughen the legal regime applicable to foreign investments

November 2018. The Action Plan for Business Growth and Transformation (the “PACTE”), a new law which is set to pass in France by early 2019, provides for the expansion of the 2014 decree related to foreign investments subject to prior authorization by the French Ministry of Economy and Finance.

France is about to toughen the legal regime applicable to foreign investments


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