Social & Solidarity-based Economy
Company failure and turnaround

Any SSE company may encounter economic difficulties, whether temporary or structural, for health, financial (loss of subsidies, loss of public contracts, loss of business) or regulatory reasons (withdrawal of authorisations).

From the very first discussions with managers, Cornillier Avocats’ multidisciplinary team carries out a diagnosis of the legal, financial and HR situation in conjunction with managers, chartered accountants or auditors.

The firm’s goal is to identify the existing risks and levers and to assist managers in making decisions by presenting the pros and cons of the various possible procedures.

Cornillier Avocats assists SSE companies in the implementation of procedures to prevent hardship (employment protection plan, ad hoc mandate, conciliation) and collective proceedings (safeguard procedure, receivership, judicial liquidation).

As a true partner, Cornillier Avocats works alongside companies to assist them in their relations and exchanges with employees, staff representative bodies, public authorities, supervisory authorities and the various players (mediators, judicial representatives, court-appointed administrators, magistrates etc.).

Cornillier Avocats also works alongside companies wishing to submit a takeover bid and assists them in drawing up this bid.