Insolvency and restructuring lawyers

DELCADE, supporting you through financial, economic and social difficulties

DELCADE’s team dedicated to insolvency and restructuring provides assistance to companies during safeguard proceedings, legal redress or official receivership. Our lawyers will assist you at every stage; in the prevention, anticipation, and with handling the difficulties you are facing.

Our 360-degree vision covers all areas and provides you with operational, financial, and legal support. Our experienced, multi-disciplinary legal team also manages the tax and corporate aspects of these types of proceedings. Our personalised approach allows us to advise you on the procedural strategies that are fully adapted to your needs.

We regularly act for French and international companies, both listed and non-listed, as well as institutional bodies, private funds groups, small and medium-sized companies (French ETIs and PMIs) in all sectors of activity. We also have extensive expertise in supporting growing companies that are experiencing difficulties (e.g., lack of financing).

If your company finds itself in a delicate situation, it is essential to act quickly in order to anticipate any difficulties. Our lawyers will protect you by implementing prevention procedures (ad hoc mandates, conciliations) in order to settle your difficulties in an amicable manner. They will also prepare for the eventual undertaking of collective insolvency proceedings and, if necessary, will assist you throughout the proceedings.

The role of the lawyer is essential when it comes to supporting a company director in all the stages of collective insolvency proceedings:

• Regularisation of the cessation of payments declaration (balance sheet),
• Assistance with relations with legal representatives,
• Preparation, negotiation and drafting of the continuation plan,
• Declaration of debts, assistance with disputing debt collection procedures
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Directors are often unaware of the ad hoc mandate and conciliation procedures, even though these amicable procedures make it possible to activate numerous levers and deal effectively with difficulties without court proceedings.
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After an analysis of the potential for taking over a company in receivership, we provide you with legal support in this operation, which is subject to specific constraints:

• Audit,
• Preparation and drafting of the acquisition contract.

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Our strengths

An ability to help reach consensual agreements with a large number of parties around the negotiating table.
A pragmatic approach to finding appropriate solutions.
We work closely with our clients and are responsive to their needs.

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