Davis Polk Participates in the Public Consultation on Bankruptcy Reform in France

Lawfuel.com – International Law Firm Newswire –
The French Ministry of Justice has launched a public consultation with a view to improving the rules relating to insolvency and financial restructuring.

Davis Polk is participating in this public consultation, and is putting forth proposals to improve the judicial process applicable to insolvency and financial restructuring in order to establish a framework for corporate restructurings offering greater certainty.

Improving these rules will help France meet the challenges of the current economic situation, including employment, growth and competitiveness.

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