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Distribution of funds: a complete guide to fund distribution procedures for creditors and debtors
By Raphaël MORENON17 September 2025Discover the keys to distributing funds! Avoid costly mistakes, understand your rights and ensure a fair distribution of funds. Complete guide.
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> The practice of seizing propertyA practical, chronological and exhaustive study of the implementation of a property seizure procedure.
We put all our expertise to work to achieve a simple objective: to prevent a property seizure.
Acts automatically annulled during the suspect period (legal nullities)
When a company is experiencing major financial difficulties, there is a particularly sensitive period before the official launch of receivership or liquidation proceedings. This is known as the «suspect period», a period during which certain actions taken by the director may be called into question. You can...Understanding the suspect period and its consequences for your company
The suspect period is a central mechanism in insolvency law. It allows the court to call into question certain acts performed by the debtor before the opening of its collective proceedings, when these acts have impoverished its assets to the detriment of all creditors. This mechanism, set out in articles...International bankruptcy: when and how do the French courts intervene?
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 on an international scale. What happens when a French or foreign company with links to France finds itself in financial difficulties?Understanding auctions - principles and definitions
What is an auction? Legal definition An auction is an offer to buy an item at a specific price at a public sale. It represents a bid made by a bidder as part of a specific procedure. This offer to purchase is part of a formalised process in which the item is awarded to the highest bidder....Understanding judicial liquidation: an essential guide for companies in difficulty
Facing insurmountable financial difficulties is a dreaded ordeal for any company director. When recovery solutions seem out of reach, judicial liquidation becomes a concrete prospect. Although this procedure is difficult, it is governed by precise rules designed to bring the business to an end and to ensure that the debtor...The end of liquidation and professional recovery: what are the outcomes?
When a company goes into compulsory liquidation, the outcome may seem inevitable: the disappearance of the business and the sale of the assets. However, the procedure must formally come to an end, and this end, known as closure, can take different forms with varying consequences, particularly for the individual debtor. In addition, for entrepreneurs...Judicial liquidation: consequences for creditors and realisation of assets
The opening of compulsory liquidation proceedings marks a turning point not only for the company and its director, but also directly for its creditors. Suppliers, banks, social security bodies, tax authorities, employees... all find themselves faced with a situation in which the recovery of their debts becomes uncertain and subject to...Commencement of compulsory liquidation: conditions and initial effects for the debtor
The prospect of compulsory liquidation is a critical time for any company and its director. Often dreaded, this procedure marks a decisive turning point, generally when financial difficulties reach a point of no return. It is important to understand precisely the circumstances in which this procedure can be initiated, and the immediate consequences for the...Companies in difficulty: understanding the penalties for managers
Navigating a company through financial difficulties is a demanding ordeal for any manager. In addition to the operational and economic challenges, particular attention must be paid to the personal responsibilities that may be incurred. In the event of receivership or, more frequently, compulsory liquidation, a company director may find himself exposed to...Executive sanctions: procedure and remedies
When a company encounters difficulties, the law provides for various mechanisms to try to turn it around or, failing that, to organise its liquidation under the best possible conditions. However, these procedures can also lead to the liability of directors being called into question, or even to their being punished. For an overview...
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