After two years marked by a significant decrease, due to support measures, in the number of business failures, the number of judicial restructurings increased by 45% between 2021 and 2022 according to the latest report form the Conseil national des administrateurs judiciaires et des mandataires judiciaires (CNAJMJ, National Council of Judicial Administrators and Representatives). Acquiring businesses which are in financial difficulty, still relatively unknown in France, provides good, lower cost opportunities for maintaining the economic fabric of France.
Opinion piece by Numa Rengot, Partner, and Marouan Fawzi, Associate, from our Restructuring – Corporate Recovery – Distressed M&A department published in La Lettre des juristes d’affaires of 12 June 2023.
