In this article, the author Anker Sorensen, a senior partner of the Financial Industry Group of Reed Smith Paris, practising predominantly in the area of Corporate and Restructuring, sets out various recent labor related reforms applicable in France in 2014 and discusses recent court decisions, which may deter investors, and particularly foreign investors, instead of encouraging them to make investments in France. In light of these developments, investors may even consider insolvency in some instances, rather than closing and opting for a sale process.
Read the full article originally published in the December issue of INSOL (PDF) for further details on this point and for a presentation and comments on other relevant points of the French insolvency reform.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.