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European attachment of bank accounts (esac): procedure, effects and interaction with national law
By Raphaël MORENON15 September 2025Unpaid debts in Europe? The European Attachment Order (EAO) blocks debtors' bank accounts. Secure your cross-border funds. Full 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.
What is an anti-competitive agreement under French law?
The term "cartel" often conjures up images of secret meetings where competitors agree to manipulate the market. While this image is not entirely false, the legal reality is more nuanced. Understanding precisely what is covered by the notion of anti-competitive agreements is essential for any company wishing to operate in compliance with...Anti-competitive agreements: understanding the rules and the risks for your company
Competition is often described as the engine of the economy. It drives companies to innovate, improve their offerings and offer attractive prices. However, some companies may be tempted to circumvent this competition by entering into secret agreements with their competitors: these are known as anti-competitive agreements....The suspect period: definition, determination and legal action
When a company's difficulties reach a critical point, French law provides for specific mechanisms to try to turn it around or, if that is no longer possible, to organise its liquidation in an orderly fashion. At the heart of these so-called collective procedures (receivership and liquidation) lies a fundamental concept:...When can a deed be annulled during a suspect period?
When a company runs into financial difficulties leading to receivership or compulsory liquidation, a critical period begins: the suspect period. As we saw in our introductory article on the suspect period, certain acts carried out during this period are so abnormal that they are automatically nullified by law...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 of time during which certain actions taken by the director may be called into question....Understanding the suspect period and its consequences for your company
When a company is experiencing significant financial difficulties, the prospect of receivership or liquidation proceedings may become a reality. Even before such proceedings are officially opened by the court, a critical and often little-known phase begins: the suspect period. This period is not insignificant. The decisions taken, the...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 internationally. What happens when a French or foreign company with links to France finds itself in financial difficulty?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 organise the end of the business and to...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...
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