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Business difficulties: what legal solutions to overcome the crisis in the aeronautics sector?

14:00 - 14:30Thursday, April the 8th 2021, 14:00 - 14:30

Business conference presentation

The current health crisis is affecting all economic sectors, especially the aeronautics industry. While companies are holding up for the time being thanks to the various measures taken by the government (solidarity funds, state-guaranteed loans, PGE Aéro, partial activity, etc.), the persistence of the crisis is likely to lead to an increase in business failures in 2021 and 2022.

In this context, how can we anticipate economic and financial difficulties to avoid business failure? What are the legal solutions to be aware of when dealing with business difficulties?

Lionel HANACHOWICZ, former magistrate at the Commercial Court of Lyon and associate professor at the Faculty of Law of Lyon, associate lawyer in the law firm LAMARTINE CONSEIL, partner of AEROSPACE CLUSTER, will present you the preventive procedures for dealing with companies' difficulties (ad'hoc mandate and conciliation), their implementation, their interest and the results that can be expected from them.

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