The ad hoc mandate is a confidential and flexible French procedure designed to help companies anticipate and resolve their difficulties before they escalate.
What is an Ad Hoc Mandate?
An ad hoc mandate is a preventive measure where the president of the commercial court appoints a mandatary to assist the company in negotiating with its creditors. Key features include:
- Total confidentiality: No public registration
- No fixed duration: Flexible timeline
- Company remains in control: The manager retains full powers
- Voluntary participation: Creditors negotiate willingly
Eligibility Criteria
To qualify for an ad hoc mandate:
- The company must NOT be in cessation of payments
- Legal, economic, or financial difficulties must exist (current or foreseeable)
- The request is made by the company director
Benefits of Early Intervention
Companies that seek an ad hoc mandate early benefit from:
- Preserved banking relationships
- Maintained supplier confidence
- Protected reputation
- Higher success rates in negotiations
Mac Mahon Avocats has extensive experience in ad hoc mandates and can guide you through this confidential process.
Les informations contenues dans cet article sont fournies à titre purement informatif et ne constituent pas un conseil juridique. Elles ne sauraient engager la responsabilité du Cabinet Mac Mahon Avocats. Pour toute question spécifique à votre situation, nous vous invitons à consulter un avocat.
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