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Commercial law in Wallis and Futuna: legal regime, specificities and adaptations
By Raphaël MORENON3 September 2025Entrepreneurs in Wallis and Futuna: local commercial law is complex. Find out about its specific features to help you secure your business in this unique territory.
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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.
Sale of the assets of a company in difficulty: what consequences for your security interests?
Imagine you have a mortgage on a building or a pledge on a company's business as security for a major loan. Unfortunately, the company runs into serious difficulties and is subject to insolvency proceedings. Then you learn that the property on which your guarantee is based is going to be sold,...Owner of a mortgaged property: what are your rights and obligations?
Owning a property that is subject to a mortgage is a common situation, whether you have taken out a loan secured by the property yourself, or whether you have acquired a property that is already subject to a mortgage. While a mortgage does not dispossess you of your property, it does create a framework...Mortgages and trusts: the best tools for securing your property transactions
Property transactions involve considerable sums of money. The risk of non-payment threatens every creditor. In this context, real estate securities offer effective protection. They guarantee you a right to a property in the event of default by the debtor. These legal mechanisms vary in complexity and effectiveness. Your choice will determine...What happens to your rights as a secured creditor during the insolvency proceedings: preference and payments
Do you hold a mortgage, pledge or other form of security over the assets of a company that is experiencing difficulties? Naturally, you think that this security will ensure that you get paid first if things go wrong. After all, that's the main purpose of a guarantee. However, when...Unpaid mortgage: the creditor's rights (preferential and resale rights)
A mortgage is a valuable guarantee for a creditor. But what happens in practice if the secured debt is not repaid on the due date? What levers does the creditor have at his disposal to recover the sums owed to him thanks to this property security? Far from being a mere mention...Security law and insolvency proceedings: changes introduced by the Order of 15 September 2021
The relationship between securities law and insolvency law has always been complex, not to say conflicting. On the one hand, securities are designed to provide effective protection for creditors in the event of a debtor's default. On the other, insolvency law pursues broader objectives: safeguarding the interests of the debtor and...Real security for third parties: a renaissance of real surety?
For a long time, the legal classification of security in rem constituted to guarantee the debt of another person has been the subject of major controversy in French law. Traditionally referred to as "real surety", this practice enabled a third party to guarantee the principal debtor's debt by assigning property belonging to him, or to a third party....The revolution in property security: disappearance of special liens and reform of mortgages
Property security is the cornerstone of real estate lending, for both individuals and businesses. Order no. 2021-1192 of 15 September 2021 radically overhauled this essential area of security law, making structural changes including the outright abolition of real estate liens...Community sequestration and its application in criminal matters
Receivership in the public interest is in the interests of public safety. It differs fundamentally from private sequestration. The State uses it as an instrument of coercion or collective protection. General characteristics of receiverships in the public interest Distinction from receiverships in the private interest A receivership in the public interest has three essential characteristics: This mechanism takes the form of a...Termination of the receivership and the custodian's liability: anticipating the risks
The end of the receivership is a critical phase. It involves the custodian's liability and raises complex legal issues. Anticipating these risks can help avoid costly disputes. The various reasons for the end of the receivership Natural expiry: resolution of the dispute The receivership ends when the dispute is "over" (article...
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