Research Output
National Report for France
  In France, companies encountering financial difficulties are offered two paths to deal with their distress: liquidation or restructuring. The French insolvency test is a pure cash flow test, i.e., a company is declared insolvent (‘en état de cessation de paiements’) when it is unable to meet its current debts out of its current assets.

  • Date:

    30 April 2019

  • Publication Status:

    Published

  • Publisher

    Edward Elgar Publishing

  • DOI:

    10.4337/9781788115520.00018

  • Funders:

    Historic Funder (pre-Worktribe)

Citation

Ghio, E. (2019). National Report for France. In J. Chuah, & E. Vaccari (Eds.), Executory Contracts in Insolvency Law: A Global Guide (226-247). Cheltenham: Edward Elgar Publishing. https://doi.org/10.4337/9781788115520.00018

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