{"id":10462,"date":"2023-03-29T10:27:15","date_gmt":"2023-03-29T08:27:15","guid":{"rendered":"https:\/\/www.hoche-avocats.com\/?p=10462"},"modified":"2023-03-29T10:35:06","modified_gmt":"2023-03-29T08:35:06","slug":"prepacks-under-french-insolvency-law-h-de-lauriston-b-gallo-c-remaud","status":"publish","type":"post","link":"https:\/\/www.hoche-avocats.com\/en\/prepacks-under-french-insolvency-law-h-de-lauriston-b-gallo-c-remaud\/","title":{"rendered":"Prepacks under French Insolvency Law (H de Lauriston, B. Gallo, C. Remaud)"},"content":{"rendered":"<p><strong>Prepacks under French Insolvency Law.<\/strong><\/p>\n<p>This article was written by Hadrien de Lauriston, Partner, Benjamin Gallo, Associate, and Charl\u00e8ne Remaud, Associate of Hoche Avocats, Paris, France.<\/p>\n<p>This article first appeared in Volume 20, Issue 2 of International Corporate Rescue and is reprinted with the permission of Chase Cambria Publishing \u2013\u00a0 <span class=\"loader-wrapper\"><span aria-expanded=\"false\" aria-haspopup=\"true\" data-testid=\"hover-card-trigger-wrapper\"><a class=\"css-1llm9d6\" tabindex=\"0\" role=\"button\" href=\"http:\/\/www.chasecambria.com\/\" data-testid=\"inline-card-resolved-view\"><span class=\"css-1awfwlv\" data-testid=\"inline-card-icon-and-title\"><span class=\"smart-link-title-wrapper css-0\">International Corporate Rescue<\/span><\/span><\/a><\/span><\/span><\/p>\n<p><strong><em><a href=\"https:\/\/www.hoche-avocats.com\/wp-content\/uploads\/2023\/03\/ICR20-2-5-Hadrien_de_Lauriston.pdf\" target=\"_blank\" rel=\"noopener\">Read the article<\/a><\/em><\/strong><\/p>\n<p><strong>Synopsis<\/strong><br \/>\nThe concept of prepack refers to different transactions whether you are in the United States where a prepack is a pre-negotiated plan of reorganisation implemented in subsequent insolvency proceedings or in the United Kingdom where a prepack is an assets or business sale transaction prepared ahead of administration. French insolvency law was inspired by both regimes and the concept of prepack may refer to prepack reorganisation plan or prepack sale plan. The common characteristic of French prepacks is that a debtor, together with a court-appointed third party, will prepare the contemplated plan under an amicable and confidential proceedings and implement it under subsequent insolvency proceedings.<\/p>\n<p><em><a href=\"https:\/\/www.hoche-avocats.com\/wp-content\/uploads\/2023\/03\/ICR20-2-5-Hadrien_de_Lauriston.pdf\" target=\"_blank\" rel=\"noopener\">Read more<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prepacks under French Insolvency Law. This article was written by Hadrien de Lauriston, Partner, Benjamin Gallo, Associate, and Charl\u00e8ne Remaud, Associate of Hoche Avocats, Paris, France. This article first appeared in Volume 20, Issue 2 of International Corporate Rescue and is reprinted with the permission of Chase Cambria Publishing \u2013\u00a0 International Corporate Rescue Read the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29],"tags":[],"class_list":["post-10462","post","type-post","status-publish","format-standard","hentry","category-publications-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Prepacks under French Insolvency Law (H de Lauriston, B. Gallo, C. 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