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Third-party funding of a company in a distressed situation or placed in insolvency proceedings in France.
- Source :
- Insolvency & Restructuring International; Apr2022, Vol. 16 Issue 1, p56-59, 4p
- Publication Year :
- 2022
-
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]
Details
- Language :
- English
- ISSN :
- 19950241
- Volume :
- 16
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Insolvency & Restructuring International
- Publication Type :
- Academic Journal
- Accession number :
- 157116957