Certificat de restructuration Insolvency certificate

Introduction to French Bankruptcy Law

Online Program

Registration

Conceived by Professor François-Xavier Lucas at Paris 1 Panthéon Sorbonne University in collaboration with Archers Law firm (Mr. Fabrice Patrizio and his team led by Clément Phalippou and Claire Gamain), this program is specially developed for foreign students and professionals wishing to increase their knowledge of French Bankruptcy Law as reformed by Ordinance 2021-1193 of September 15, 2021 which incorporates the EU Restructuring Directive 2019/1023 of June 20, 2019 into French law and is applicable to insolvency proceedings opened after October 1, 2021.

The course provides participants with a comprehensive introduction of the framework of French insolvency proceedings (i.e., Book VI of French Commercial Code) comprising amicable proceedings such as ad hoc mandate/conciliation, and judicial insolvency proceedings, such as safeguard, receivership, and liquidation, as well as an understanding of the significant changes brought about by the above-mentioned EU directive, such as the introduction of the classes of affected parties and the cross-class cram down mechanism which modify the rules for the adoption of plans in safeguard and receivership proceedings, the combination of conciliation and the recast accelerated safeguard proceedings as a reference preventive framework withing the meaning of the EU Restructuring directive, the consecration of two new mechanisms (i.e., the best interest test and the absolute priority rule) protecting the rights of creditors, the creation of a safeguard/receivership privilege for new financing, etc...

Furthermore, two lawyers experienced in cross-border insolvencies and restructurings, M. H. DAMMANN (Dammann Avocat) and Mrs. C. DUPOUX (Hogan Lovells), will give practical insights to help participants better understand the use of amicable proceedings under French bankruptcy law and EU Insolvency Regulation.

Finally, a glossary will also be provided for you to better understand key concepts of French Insolvency Law that appear in the modules.

This certificate is intended for professionals wishing to strengthen their expertise in the field of French Restructuring Law. Its format is compatible with a professional activity.

Format : Online 30 hours – 10 modules – a 4 hour classroom seminar – 3 to 5 videos of professional practice – 2 MCQs

Cost : 500 euros*

Duration : 3 months

Language : English

Next session : from march 15, 2022 to june 29, 2023

Registration : Open

Participants will know through the course :

  • How to prepare a reorganization plan for a distressed company under French bankruptcy law?
  • How to get a reorganization plan approved in insolvency proceedings with constitution of classes of affected parties?
  • How to secure new financing provided to distressed companies during insolvency proceedings?
  • How to rescue distressed companies through the recast accelerated safeguard proceedings?
  • How to make a competitive asset deal/share deal to acquire distressed companies’ assets?
  • How to operate substantive consolidation under French Bankruptcy law? And what if the target company is registered another member state?

Director

François-Xavier LUCASFull time professor at the Sorbonne Law School

Programme

  1. Ten course modules including videos, audios and written materials in partnership with ARCHERS law firm :
MODULE 1.
Overall review of the French preventive proceedings – Ad hoc mandate & Conciliation – n°1
Questions : Fabrice Patrizio

Answers : Claire Gamain
Cabinet Archers
MODULE 2.
Overall review of the French preventive proceedings – Ad hoc mandate & Conciliation – n°2
Questions : Claire Gamain
Answers : Fabrice Patrizio
Cabinet Archers
MODULE 3.
 Key players in Insolvency proceedings
Questions : Clément Phalippou
Answers : Anne-Sophie Guilbaud
Cabinet Archers
MODULE 4.
Overall review of safeguard and receivership proceedings
Questions : Claire Gamain
Answers : Fabrice Patrizio
Cabinet Archers
MODULE 5.
Effects of the opening of safeguard and receivership proceedings
a. Freeze of claims/stay of proceedings
b. Continuation of contracts
Questions : Anne-Sophie Guilbaud
Answers : Clément Phalippou
Cabinet Archers
MODULE 6.
Approval of the safeguard/reorganization plan
Questions : Anne-Sophie Guilbaud
Answers : Clément Phalippou
Cabinet Archers
MODULE 7.
Overall review of the liquidation proceedings
Questions : Anne-Sophie Guilbaud
Answers : Clément Phalippou
Cabinet Archers
MODULE 8.
The takeover of the assets of the company in the context of insolvency proceedings
Questions : Anne-Sophie Guilbaud
Answers : Fabrice Patrizio
Cabinet Archers
MODULE 9.
Center of Main Interests – European Regulation 2015/848
Questions : Claire Gamain
Answers : Anne-Sophie Guilbaud
Cabinet Archers
MODULE 10.
Presentation of the French Insolvency Law reform resulting from the transposition of Directive (EU) 2019/1023
Questions : Anne-Sophie Guilbaud
Answers : Clément Phalippou
Cabinet Archers

2. Profesional practice vidéos

3. A four hour face-to-face

4. Two MCQs to evaluate to knowledge acquired

Registration

More information iej.certificatded@univ-paris1.fr

Note: No refund is possible. Non éligible au CPF

Contact

Sorbonne Insolvency & Restructuring - IEJ de la Sorbonne 
Université Paris 1 - Panthéon Sorbonne 
12 Place du Panthéon – 75005 Paris                                                                                                               
 iej.certificatded@univ-paris1.fr  - +33(0)1 44 07 78 81 ou 01 44 07 77 89                

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