By Yasmine EDDAM
27 April 2025
The increasing internationalisation of trade and the location of companies means that there are more and more situations where financial difficulties extend beyond the borders of a single country, particularly for regulated companies operating internationally. What happens when a French or foreign company with links to France becomes insolvent? Knowing whether a French court can intervene, and what law it will apply, then becomes a key question for the company itself, its directors, but also its creditors and commercial partners. This article aims to clarify the rules determining the jurisdiction of French courts to open collective proceedings (sauvegarde, redressement or liquidation judiciaire) in an international context, as well as the applicable law and the way in which foreign bankruptcy decisions are dealt with in France. We will focus here on the French rules known as «ordinary law», excluding the direct application of European regulations, which will be the subject of other articles...
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