Securing disinvestments from distressed businesses – International Law Office (registration)

Introduction

With standard M&A policies in mind, the risks associated with distressed businesses are often considered from the purchaser’s perspective, rather than the seller’s. From the seller’s viewpoint, the sale of a distressed business is legal and considered to be without no legal impediment. In recent years Parliament has even tried to encourage the takeover of distressed sites, including by employees,(1) rather than closing them down as a reaction to mediated closures of industrial sites.(2)

Therefore, a reasonable assumption would be that, provided that adequate information is given to the purchase…

Read the full article at: http://www.internationallawoffice.com/Newsletters/Insolvency-Restructuring/France/Bird-Bird-AARPI/Securing-disinvestments-from-distressed-businesses