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	{"id":17298,"date":"2018-11-13T14:06:28","date_gmt":"2018-11-13T13:06:28","guid":{"rendered":"https:\/\/www.simonassocies.com\/en\/?page_id=17298"},"modified":"2026-04-01T15:06:14","modified_gmt":"2026-04-01T13:06:14","slug":"distressed-companies-and-recovery","status":"publish","type":"page","link":"https:\/\/simonassocies.com\/en\/domaines-dexpertise\/distressed-companies-and-recovery\/","title":{"rendered":"Distressed Companies and Recovery"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row el_id=&#8221;content-sub-page&#8221; el_class=&#8221;page-simon-asso&#8221; css=&#8221;.vc_custom_1501757002513{margin-bottom: 85px !important;padding-top: 0px !important;}&#8221;][vc_column width=&#8221;3\/4&#8243;][vc_single_image image=&#8221;8116&#8243; img_size=&#8221;full&#8221; css=&#8221;.vc_custom_1498227574008{margin-bottom: 60px !important;}&#8221;][vc_custom_heading source=&#8221;post_title&#8221; font_container=&#8221;tag:h1|font_size:36px|text_align:left|color:%23222756|line_height:36px&#8221; google_fonts=&#8221;font_family:Lato%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:300%20light%20regular%3A300%3Anormal&#8221; css=&#8221;.vc_custom_1498123966783{margin-bottom: 25px !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1542114785108{margin-bottom: 0px !important;}&#8221;]<\/p>\n<div class=\"content-item\">\n<p>Simon Associ\u00e9s began operations during the real estate crisis of the 1990s and for a number of years advised a bank with an established reputation in this sector. The department then grew thanks to the follow-up of complex cases in challenging contexts, often related to the incurring of civil or criminal liability, debt collection, security interests and, more generally, litigation of any nature. Its expertise was gradually extended to cover the defense of senior executives, investors, shareholders and legal representatives.<\/p>\n<p>The firm has now carved out a position as one of the reputable players for SMEs and intermediate-size companies. It is regularly ranked among the top French law firms in this field.<\/p>\n<p>The department&#8217;s activity ensured by a dedicated team, which can call on all of the firm&#8217;s other practices, mainly covers the sectors of franchise, industry, real estate, construction, development, services, medical and medical-social care, networks, Internet and information technology, hotels, advertising, banking, luxury goods, pharmaceuticals, insurance, metallurgy and publishing.<\/p>\n<h2><span class=\"icon-goutte\">\u00a0<\/span><strong>Prevention strategies or procedures for distressed companies<\/strong><\/h2>\n<ul>\n<li>Risk analysis (diagnosis, organization, communication)<\/li>\n<li>Establishment of prevention procedures (ad hoc mandate, conciliation)<\/li>\n<li>Follow-up of prevention, negotiation and drafting of agreement protocols in the interest of the director and the company, investors or financiers<\/li>\n<li>Management and monitoring of relations between the players in prevention<\/li>\n<li>Restructuring of the company<\/li>\n<li>Abandonment or assignment of debts and asset disposals<\/li>\n<li>Capital increase<\/li>\n<li>Financial backing or disposal of the business or entry of an investor or an industrialist<\/li>\n<\/ul>\n<\/div>\n<p>[\/vc_column_text]<style type=\"text\/css\" >#l_zj7alnoyi7nq2pj8ve5l.sc_line ,#l_zj7alnoyi7nq2pj8ve5l .sc_line { height:1px; background:#222756;}#l_zj7alnoyi7nq2pj8ve5l {margin:50px 0 50px 0; padding:0;}<\/style><div class=\"clearfix\"><\/div><div id=\"l_zj7alnoyi7nq2pj8ve5l\"  class=\"sc_line rd_line_normal\" ><\/div>[vc_column_text css=&#8221;.vc_custom_1542114833949{margin-bottom: 0px !important;}&#8221;]<\/p>\n<div class=\"content-item\">\n<h2><span class=\"icon-goutte\">\u00a0<\/span><strong>Collective proceedings<\/strong><\/h2>\n<ul>\n<li>Risk analysis<\/li>\n<li>Establishment of collective proceedings such as safeguarding, bankruptcy or judicial liquidation<\/li>\n<li>Regularization of the declaration of bankruptcy<\/li>\n<li>Assistance in relations with court officers<\/li>\n<li>Preparation, negotiation and drafting of the continuation plan<\/li>\n<li>Declaration of debts, follow-up of debt challenge procedures<\/li>\n<li>Follow-up of the continuation plan adopted<\/li>\n<li>Preparation, negotiation and drafting of the assignment plan<\/li>\n<li>Drafting of deeds of assignment, assistance in taking over assets of companies under court-ordered liquidation<\/li>\n<li>Follow-up of the proceedings before the Commercial Court<\/li>\n<\/ul>\n<\/div>\n<p>[\/vc_column_text]<style type=\"text\/css\" >#l_tv0sgi5eb3mj6n8aomef.sc_line ,#l_tv0sgi5eb3mj6n8aomef .sc_line { height:1px; background:#222756;}#l_tv0sgi5eb3mj6n8aomef {margin:50px 0 50px 0; padding:0;}<\/style><div class=\"clearfix\"><\/div><div id=\"l_tv0sgi5eb3mj6n8aomef\"  class=\"sc_line rd_line_normal\" ><\/div>[vc_column_text css=&#8221;.vc_custom_1612344499207{margin-bottom: 0px !important;}&#8221;]<\/p>\n<div class=\"content-item\">\n<h2><span class=\"icon-goutte\">\u00a0<\/span><strong>Simon Associ\u00e9s advises :<\/strong><\/h2>\n<ul>\n<li>Business executives<\/li>\n<li>Investment funds<\/li>\n<li>Banks and mezzanine lenders<\/li>\n<li>Creditors and financiers<\/li>\n<li>Buyers<\/li>\n<li>Judicial representative \/ Receiver<\/li>\n<\/ul>\n<p>Some of the Simon Associ\u00e9s partners are members of the<a href=\"http:\/\/www.are.fr\/\" target=\"_blank\" rel=\"noopener noreferrer\"> ARE<\/a>, the <a href=\"http:\/\/www.ifppc.fr\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFPPC<\/a>, <a href=\"http:\/\/prevention-retournement.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Pr\u00e9vention et Retournement<\/a> and the AARO, benchmark associations and organizations in France in this field of activity.<\/p>\n<\/div>\n<p>[\/vc_column_text]<style type=\"text\/css\" >#l_tefq60cerd1anzvek24s.sc_line ,#l_tefq60cerd1anzvek24s .sc_line { height:1px; background:#222756;}#l_tefq60cerd1anzvek24s {margin:50px 0 50px 0; padding:0;}<\/style><div class=\"clearfix\"><\/div><div id=\"l_tefq60cerd1anzvek24s\"  class=\"sc_line rd_line_normal\" ><\/div>[vc_column_text css=&#8221;.vc_custom_1542114985864{margin-bottom: 0px !important;}&#8221;]<\/p>\n<div class=\"content-item\">\n<h2>Team<\/h2>\n<\/div>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/4&#8243;][vc_column_text css=&#8221;.vc_custom_1544017798784{margin-bottom: 0px !important;}&#8221;]<\/p>\n<div class=\"btn-black btn-right text-right \"><a href=\"\/en\/fields-of-expertise\/\">FIELDS OF EXPERTISE<\/a><\/div>\n<p>[\/vc_column_text][vc_column_text][\/vc_column_text][\/vc_column][vc_column][vc_row_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;25360&#8243; img_size=&#8221;185&#215;185&#8243;][vc_column_text]<a href=\"\/en\/de-fremont-hubert\/\"><strong><span style=\"color: #000061;\">HUBERT DE FREMONT<\/span><\/strong><\/a><br \/>\n<span style=\"color: #000061;\">PARTNER<\/span>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;23489&#8243; img_size=&#8221;185&#215;185&#8243;][vc_column_text]<a href=\"\/en\/drai-emmanuel\/\"><strong><span style=\"color: #000061;\">EMMANUEL DRAI<\/span><\/strong><\/a><br \/>\n<span style=\"color: #000061;\">PARTNER<\/span>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;10631&#8243; img_size=&#8221;185&#215;185&#8243;][vc_column_text]<a href=\"\/en\/quelennec-kristell\/\"><strong><span style=\"color: #000061;\">KRISTELL QUELENNEC<\/span><\/strong><\/a><br \/>\n<span style=\"color: #000061;\">PARTNER<\/span>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;15978&#8243; img_size=&#8221;185&#215;185&#8243;][vc_column_text]<a href=\"\/en\/saigne-philippe\/\"><strong><span style=\"color: #000061;\">PHILIPPE SAIGNE<\/span><\/strong><\/a><br \/>\n<span style=\"color: #000061;\">PARTNER<\/span>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;10747&#8243; img_size=&#8221;185&#215;185&#8243;][vc_column_text]<a href=\"\/en\/simon-jean-charles\/\"><strong><span style=\"color: #000061;\">JEAN-CHARLES SIMON<\/span><\/strong><\/a><br \/>\n<span style=\"color: #000061;\">MANAGING PARTNER<\/span>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;17275&#8243; img_size=&#8221;185&#215;185&#8243;][vc_column_text css=&#8221;&#8221;]<a href=\"\/en\/nayrolles-sophie\/\"><strong><span style=\"color: #000061;\">SOPHIE NAYROLLES<\/span><\/strong><\/a><br \/>\n<span style=\"color: #000061;\">PARTNER &#8211; HEAD OF MONTPELLIER OFFICE<\/span>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;28086&#8243; img_size=&#8221;185&#215;185&#8243;][vc_column_text css=&#8221;&#8221;]<a href=\"https:\/\/simonassocies.com\/en\/equipe\/cognault-sophie-en\/\"><strong><span style=\"color: #000061;\">SOPHIE COGNAULT<\/span><\/strong><\/a><br \/>\n<span style=\"color: #000061;\">PARTNER &#8211; HEAD OF TOULOUSE OFFICE<\/span>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;31800&#8243; img_size=&#8221;185&#215;185&#8243; css=&#8221;&#8221;][vc_column_text css=&#8221;&#8221;]<a href=\"https:\/\/simonassocies.com\/en\/equipe\/grau-romain\/\"><span style=\"color: #000061;\"><b>ROMAIN GRAU<\/b><\/span><\/a><br \/>\n<span style=\"color: #000061;\">PARTNER<\/span>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;35188&#8243; img_size=&#8221;185&#215;185&#8243; css=&#8221;&#8221;][vc_column_text css=&#8221;&#8221;]<a href=\"https:\/\/simonassocies.com\/en\/equipe\/marre-julien-olivier\/\"><span style=\"color: #000061;\"><b>JULIEN-OLIVIER MARRE<\/b><\/span><\/a><br \/>\n<span style=\"color: #000061;\">COUNSEL<\/span>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;36674&#8243; img_size=&#8221;185&#215;185&#8243; css=&#8221;&#8221;][vc_column_text css=&#8221;&#8221;]<a href=\"https:\/\/simonassocies.com\/en\/equipe\/arminjon-ernest\/\"><span style=\"color: #000061;\"><b>ERNEST ARMINJON<\/b><\/span><\/a><br \/>\n<span style=\"color: #000061;\">ASSOCIATE<\/span>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;10628&#8243; img_size=&#8221;185&#215;185&#8243;][vc_column_text]<a href=\"\/en\/minet-paul\/\"><strong><span style=\"color: #000061;\">PAUL MINET<\/span><\/strong><\/a><br \/>\n<span style=\"color: #000061;\">ASSOCIATE<\/span>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;36882&#8243; img_size=&#8221;185&#215;185&#8243; css=&#8221;&#8221;][vc_column_text css=&#8221;&#8221;]<a href=\"https:\/\/simonassocies.com\/en\/equipe\/paolpi-mallaury\/\"><span style=\"color: #000061;\"><b>MALLAURY PAOLPI<\/b><\/span><\/a><br \/>\n<span style=\"color: #000061;\">ASSOCIATE<\/span>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_column_text css=&#8221;.vc_custom_1544016695036{margin-bottom: 35px !important;}&#8221;]<\/p>\n<div class=\"btn-black text-right\"><a href=\"http:\/\/www.lettredurestructuring.com\">discover &#8220;Lettre du Restructuring&#8221; website<\/a><\/div>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_column_text css=&#8221;.vc_custom_1544017784616{padding-top: 35px !important;}&#8221;]<\/p>\n<div class=\"btn-black text-right\"><a href=\"\/en\/domaines-dexpertise\/\">back to the list of areas of expertise<\/a><\/div>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Simon Associ\u00e9s began operations during the real estate crisis of the 1990s and for a number of years advised a bank with an established reputation in this sector &#8230;<\/p>\n","protected":false},"author":6,"featured_media":19302,"parent":17260,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-17298","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Distressed Companies and Recovery - Cabinet d&#039;avocats d&#039;Affaires Simon Associ\u00e9s<\/title>\n<meta name=\"robots\" content=\"index, follow, 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