By Yasmine EDDAM
22 April 2025
Financial difficulties are a fact of business life. Fortunately, French law offers several tools for anticipating and dealing with them before a situation becomes irremediable. Among these tools, the accelerated safeguard procedure stands out as a fast and effective solution, particularly suited to companies that are well advanced in negotiating a recovery plan with their creditors. This article explores the operation of this procedure, which has been modernised by a major reform in 2021. We will look at how it fits in with the amicable negotiation phase (conciliation), which companies are eligible, how it works in practice and what the effects are for the company and its partners. Understanding this mechanism can open up interesting prospects for overcoming a difficult period. What is accelerated safeguard? Accelerated Safeguard is a judicial collective procedure. Its main purpose is not to deal with insurmountable difficulties, but rather to...
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