{"id":32474,"date":"2023-08-02T11:29:17","date_gmt":"2023-08-02T09:29:17","guid":{"rendered":"https:\/\/bmhavocats.com\/2023\/08\/02\/restructuring-collective-proceedings-french-pre-pack-proceedings-challenged-by-the-proposed-directive-of-the-european-parliament-and-of-the-council-harmonizing-certain-aspects-of-insolvency-law-th\/"},"modified":"2026-06-30T12:52:05","modified_gmt":"2026-06-30T10:52:05","slug":"restructuring-collective-proceedings-french-pre-pack-proceedings-challenged-by-the-proposed-directive-of-the-european-parliament-and-of-the-council-harmonizing-certain-aspects-of-insolvency-law-th","status":"publish","type":"post","link":"https:\/\/bmhavocats.com\/en\/2023\/08\/02\/restructuring-collective-proceedings-french-pre-pack-proceedings-challenged-by-the-proposed-directive-of-the-european-parliament-and-of-the-council-harmonizing-certain-aspects-of-insolvency-law-th\/","title":{"rendered":"[RESTRUCTURING, COLLECTIVE PROCEEDINGS] French pre-pack proceedings challenged by the Proposed Directive of the European Parliament and of the Council harmonizing certain aspects of insolvency law: the difficulty of striking a balance between transparency and confidentiality"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]<\/p>\n<h2><span style=\"color: #092b63;\">French pre-pack proceedings challenged by the European Parliament and Council\u2019s proposed directive harmonizing certain aspects of insolvency law: the difficulty of striking a balance between transparency and confidentiality<\/span><\/h2>\n<p>&nbsp;<\/p>\n<p>In France, pre-pack proceedings are considered one of the key restructuring tools. The future transposition of the proposed directive into French law, as it currently stands, should lead to higher recovery rates in France in pre-pack proceedings, as they would require greater transparency in the bidding process. However, that very transparency, along with the increased obligations for the insolvency practitioner, might make pre-pack proceedings less attractive than they are today.  <\/p>\n<p>&nbsp;<\/p>\n<p>A contribution by<a href=\"https:\/\/bmhavocats.com\/equipe\/anja-droege-gagnier\/\" target=\"_blank\" rel=\"noopener\">Anja Droege Gagnier<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><em>Source: Insolvency and Restructuring International, Vol. 17, No. 1, June 2023<\/em>[\/vc_column_text][\/vc_column][\/vc_row][vc_row title=&#8221;Voir notre dernier \u00e9v\u00e9nement&#8221; style=&#8221;outline-custom&#8221; gradient_color_1=&#8221;turquoise&#8221; gradient_color_2=&#8221;vista-blue&#8221; gradient_custom_color_1=&#8221;#dd3333&#8243; gradient_custom_color_2=&#8221;#eeee22&#8243; gradient_text_color=&#8221;#ffffff&#8221; custom_background=&#8221;#ededed&#8221; custom_text=&#8221;#666666&#8243; outline_custom_color=&#8221;#092b63&#8243; outline_custom_hover_background=&#8221;#ffc97b&#8221; outline_custom_hover_text=&#8221;#092b63&#8243; shape=&#8221;square&#8221; color=&#8221;grey&#8221; size=&#8221;lg&#8221; align=&#8221;center&#8221; button_block=&#8221;&#8221; add_icon=&#8221;&#8221; i_align=&#8221;left&#8221; i_type=&#8221;fontawesome&#8221; i_icon_the7=&#8221;&#8221; i_icon_fontawesome=&#8221;fa fa-adjust&#8221; i_icon_openiconic=&#8221;vc-oi vc-oi-dial&#8221; i_icon_typicons=&#8221;typcn typcn-adjust-brightness&#8221; i_icon_entypo=&#8221;entypo-icon entypo-icon-note&#8221; i_icon_linecons=&#8221;vc_li vc_li-heart&#8221; i_icon_monosocial=&#8221;vc-mono vc-mono-fivehundredpx&#8221; i_icon_material=&#8221;vc-material vc-material-cake&#8221; i_icon_pixelicons=&#8221;vc_pixel_icon vc_pixel_icon-alert&#8221; custom_onclick=&#8221;&#8221; smooth_scroll=&#8221;&#8221; link=&#8221;|||&#8221; custom_onclick_code=&#8221;&#8221;][vc_column][vc_btn title=&#8221;DOWNLOAD THE ARTICLE&#8221; style=&#8221;outline-custom&#8221; outline_custom_color=&#8221;#092b63&#8243; outline_custom_hover_background=&#8221;#E7E6E6&#8243; outline_custom_hover_text=&#8221;#092b63&#8243; shape=&#8221;square&#8221; size=&#8221;lg&#8221; align=&#8221;left&#8221; css=&#8221;&#8221; link=&#8221;url:https%3A%2F%2Fbmhavocats.com%2Fassets%2Fuploads%2F2023%2F08%2F202306-The-French-prepack-proceedings-challenged-Droege-Gagnier.pdf|target:_blank|&#8221;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] French pre-pack proceedings challenged by the European Parliament and Council\u2019s proposed directive harmonizing certain aspects of insolvency law: the difficulty of striking a balance between transparency and confidentiality &nbsp; In France, pre-pack proceedings are considered one of the key restructuring tools. The future transposition of the proposed directive into French law, as it currently [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":31785,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[969,965],"tags":[],"class_list":["post-32474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The French pre-pack proceedings challenged by the Directive<\/title>\n<meta name=\"description\" content=\"In France, pre-pack proceedings are considered one of the key restructuring tools. 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