Almain assists and advises companies facing crisis and their management, as well as shareholders, creditors, potential investors and bidders within the context of pre-insolvency proceedings (mandat ad hoc et conciliation) as well as in the context of judicial proceedings (sauvegarde, redressement judiciaire et liquidation judiciaire).
Almain assists companies and their managers facing economic or structural difficulties at each of the following stages:
- Preliminary establishment of a "diagnosis" of the situation of the company;
- Definition of the turnaround plan and assistance in its implementation (assistance in the preparation and opening of the proceedings, link with the court, procedural bodies, financial experts);
- Assistance to the management of the negotiations with the company's main creditors and potential investors;
- Elaboration with the manager of conciliation agreements or safeguard or reorganization plans.
Almain also advises shareholders of companies facing crisis, in particular in order to assist them in M&A distressed transactions, i.e. sale of underperforming subsidiaries in a secured context.
Almain assists creditors of insolvent companies (amicable negotiations, filing of claims, claims of ownership, litigation within the framework of legal proceedings).
Finally, Almain assist French or foreign purchasers of distressed companies, particularly in the context of takeovers under a sale of assets plan.
Our full-service firm allows the firm to provide clients with expertise on related issues such as taxation, labor law, competition and distribution law, intellectual and industrial property law and environmental/public law.