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Struggling Businesses

Dealing with struggling businesses and restructuring require specific support to ease their safeguard.

BCF AVOCATS assists clients at all stages of difficulty :

Restructuring :

  • Turnaround operations including the negotiation of the conditions for entry into the capital of investors specialized in “turn around”
  • Search for buyers from banks, financial institutions, insolvency proceedings, business-turn-around specialists, state bodies, regulators

Receivables:

    • Negotiation with creditors
    • Negotiation with social partners
    • Implementation of repayment plans
    • Recovery
    • Amicable procedures
    • Enforcement measures

Collective procedures:

      • Backup
      • Judicial recovery with the analysis of suspension of payment files and the creation of the economic and social balance sheet
      • Judicial liquidation with the continuation plan, the assignment plan, the takeover offers and the declaration of claims
      • Actions to cover liabilities
      • Passive Extensions

Difficulties specific to managers and executives :

      • Management faults with historical and management analysis and support and listening to the manager concerned
      • Personal bankruptcy