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1. Third-party funding of a company in a distressed situation or placed in insolvency proceedings in France.

Author

Szekely, Alexandra and Delamourd, Chloé

Subjects
THIRD party litigation funding, ACTIONS & defenses (Law), LAW reform, COLLATERAL security
Abstract

This article explores why third-party litigation financing or third-party funding (TPF) is well-suited for companies in difficulty or already placed in insolvency proceedings. It also explores the obstacles third-party funders face under French insolvency law as amended by Ordinance No 2021-1193 of 15 September 2021, and further to Ordinance No 2021-1192 of 15 September 2021, which reformed French law relating to security interests. [ABSTRACT FROM AUTHOR]

Published
2022

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