Restructuring & insolvency lawyer — Restaurants, cafés & bars sector

Mac Mahon Avocats is a Paris business law firm at 33 avenue Mac-Mahon, Paris 17. Its lawyers advise restaurants, cafés & bars businesses on prevention of difficulties, out-of-court procedures, formal insolvency proceedings and distressed disposals under French law. This page sets out the applicable legal framework; it does not constitute legal advice.

Sector scope

Traditional and fine dining restaurants, brasseries, cafés, bars and themed bars, fast food and takeaway, dark kitchens, tea rooms, caterers and event catering, franchisees and multi-site groups.

Sector context

Independent food service is marked by high fixed costs (rent, energy, payroll) against margins sensitive to food prices, and by cash receipts that can mask deferred tax and social security liabilities. The business goodwill, the commercial lease and the alcohol licence make up most of the transferable value, so their treatment drives the outcome of any restructuring. Difficulties commonly arise from accumulated social security and VAT arrears, unamortised fit-out investment or falling footfall — situations where confidential out-of-court procedures allow debt to be rescheduled before cessation of payments.

Key legal issues

How a matter is handled

  1. Diagnosis: review of available cash, due and payable liabilities, tax and social security instalments and existing security, in order to establish whether cessation of payments is characterised (Art. L. 631-1 Commercial Code).
  2. Choice of procedure: arbitration between confidential out-of-court tools (ad hoc mandate, conciliation) and formal proceedings, in light of the sector's own timetable.
  3. Negotiation: discussions with banks, strategic suppliers, the AGS wage guarantee scheme, the tax authorities and URSSAF, and where relevant before the CCSF.
  4. Implementation: preparation of the filing, representation before the commercial courts, monitoring of the observation period, and preparation of the plan or of the sale.

French procedures at a glance

ProcedureEntry conditionDurationLegal basis
Ad hoc mandateNo cessation of paymentsSet by the court president, renewableArt. L. 611-3 Commercial Code
ConciliationActual or foreseeable difficulties; cessation of payments for 45 days at most4 months + 1 monthArts. L. 611-4 to L. 611-16
SafeguardInsurmountable difficulties, no cessation of paymentsObservation period 6 months, extendable to 12Art. L. 620-1 et seq.
RehabilitationCessation of payments, recovery possibleObservation period up to 18 monthsArt. L. 631-1 et seq.
LiquidationCessation of payments, recovery manifestly impossibleVariable; business continuation 3 months, renewableArt. L. 640-1 et seq.

A declaration of cessation of payments must be filed within 45 days of that state arising, unless a conciliation request is filed within the same period (Art. L. 631-4 of the French Commercial Code).

Frequently asked questions

Can the landlord terminate the lease for unpaid rent after proceedings open?

The opening judgment bars termination claims based on pre-opening rent and stays pending proceedings (Art. L. 622-21 Commercial Code). The landlord may, however, seek termination for non-payment of rent relating to occupation after the judgment, under the conditions of Art. L. 622-14.

Is the alcohol licence transferred with the goodwill?

An alcohol licence attaches to the operation, and its transfer or relocation is governed by notification and location rules under Arts. L. 3332-3 et seq. of the Public Health Code. A licence not operated for more than five years lapses (Art. L. 3333-1), which must be checked before any sale.

Can instalments be obtained for social security and VAT arrears?

The CCSF (committee of heads of financial services) may grant a staggered plan for tax and social security debt on the company's application. This is frequently combined with an ad hoc mandate or conciliation, both of which remain confidential.

Can a restaurant keep trading during rehabilitation proceedings?

Yes. Rehabilitation opens an observation period during which the business continues (Art. L. 631-14, applying the safeguard rules) under the supervision of the officers appointed, so that a continuation plan or a sale plan can be assessed.

What is the deadline to declare cessation of payments?

Forty-five days from the date that state arises, unless a conciliation request is filed within the same period (Art. L. 631-4 of the French Commercial Code).

Contact

Phone: +33 1 45 03 20 20
Email: accueil@macmahon-avocats.fr
Address: 33 avenue Mac-Mahon, 75017 Paris, France

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