By Yasmine EDDAM
4 May 2025
The adoption of a safeguard or recovery plan by the court marks a decisive step for a company in difficulty. It is the sign that a solution has been found to clear the liabilities while allowing the business to continue. However, the judgment approving the plan is not an end in itself. An equally important phase then begins: that of its practical implementation, its rigorous monitoring and, sometimes, its necessary adaptation to changing economic realities. Understanding the mechanisms governing this period is essential for managers, creditors and all stakeholders. For an overview of the various possible outcomes for a company in difficulty, please consult our dedicated guide. The plan becomes binding as soon as it is adopted As soon as the court rules and adopts the plan, it becomes binding on everyone. This binding nature is the cornerstone of the...
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