Anja Droege Gagnier and Amélie Dorst discuss the proposed introduction of creditors’ committees in France and their positive impact on creditors’ rights.

 

The insufficient representation of creditors’ interests in France could now be corrected by the French legislator by introducing creditors’ general meetings and creditors’ committees into French insolvency law. Creditors’ committees would not only enable creditors to exchange views and find a common interest – including the rescue of the company – but they would also give the creditors’ voice a legitimacy which is still lacking in France today.