By Charlotte GAUCHON
29 June 2025
When a claim appears to be under threat, creditors have a number of legal tools at their disposal to guarantee future payment. Within the panorama of legal securities under French law, the protective pledge of a business is a particularly effective measure. It makes it possible to take security over one of the most important assets of a debtor, its business, even before a final court decision ordering the debtor to pay. The aim of this preventive procedure is to prevent the debtor from organising his insolvency. However, it is subject to precise formalities and confers rights and obligations on both the creditor and the debtor. Understanding its mechanisms is essential if you are to anticipate its consequences. For any initiative aimed at securing a debt, legal support for your seizure and security procedures from an expert lawyer is a prerequisite for success. The business: what's included and what's excluded...