Yves-Marie Ravet

Insolvency – Crypto How is cryptocurrency treated as an asset in a bankruptcy proceeding in your jurisdiction? Since the early 2010s, the use of cryptocurrencies has developed in the French economy through services allowing their purchase, sale or use as financial instruments. French law was one of the first to legislate digital assets in France,…

Foreward by Andrew Chilvers Insolvency and restructuring legislation changed radically in all jurisdictions in the wake of COVID-19. While governments have tried to delay the number of insolvencies in the short term, most experts agree that distressed businesses will start to fail significantly later this year and into 2021. For insolvency practitioners and lawyers alike,…

Foreward by Andrew Chilvers Sometimes events can be so unprecedented that even the canniest business people fail to comprehend what’s happening until it’s too late. The COVID-19 “coronavirus” crisis is one such event. Businesses across the world have been plunged into shock dealing with the fall out of lockdowns, plummeting revenues and sales, unpaid bills…

This memo aims to give an overview of the main provisional measures taken by the French government in order to deal with the Covid-19 crisis and in support of the French Economy.  The Government has been empowered to promulgate Orders by the Emergency Law n°2020-290 of 23 March 2020 (delegated legislation), which establishes the state…

French insolvency law is constantly being reshaped, with multiple new laws, amendments and reforms taking place across the last three decades. This article aims to present the latest amendments introduced by the ‘PACTE Act’, which is currently being discussed by the French parliament. The PACTE Act, has a broader scheme than just insolvency procedure, but…