The rights of secured creditors under The new insolvency legislation
Only three years following the Law n° 2005-845 dated July 26, 2005 relating to the safeguard of companies, Order 2008-1345 dated December 18, 2008 and its implementing decree dated February 12, 2009 once again reform French bankruptcy laws with regard to companies in difficulty. This reform became effective on February 15, 2009, and subject to […]