Mac Mahon Avocats advises, through its dedicated Morocco Desk based in Paris, companies operating in Tangier on the prevention and treatment of financial distress. The engagement is strictly limited to restructuring advisory: prevention, negotiation, turnaround.
Tangier is northern industrial, port and logistics hub (Tangier Med, free zones). Groups operating there face specific issues: liquidity pressure, bank debt, operational underperformance, capital restructuring, negotiations with local and international financial partners.
The reform of Book V of the Moroccan Commercial Code (distress prevention and treatment) calls for early strategic analysis. The Morocco Desk delivers combined Moroccan-French legal reading whenever the group is exposed to both jurisdictions.
Out of scope: judicial representation before Moroccan courts. For local filings, coordination with counsel admitted to the Tangier or Casablanca bar.
Strategic meetings by video, targeted trips to Tangier for critical phases (bank negotiations, creditor committees), memos in French, English or Arabic depending on recipients.
The Commercial Court of Tangier has first-instance jurisdiction over companies in its district, which covers much of northern Morocco, including cities without their own commercial court. Organisation set by Decree no. 2-97-771 (28 October 1997), issued under Law no. 53-95.
Mac Mahon Avocats does not appear before Moroccan courts; this information is provided as guidance for company directors.
Tangier is driven by automotive and aerospace, port logistics around Tanger Med, export-oriented free zones, textiles and garments, and tourism.
The priority is to measure the real break-even point after the volume drop, then open contractual discussions with the customer and negotiations with financial creditors at the same time. Waiting for cessation of payments sharply narrows the options.
It carries specific obligations, notably on exported activity, which must be checked before any downsizing or asset disposal. That check is carried out with Moroccan counsel on the file.
Mac Mahon Avocats — 33 avenue Mac-Mahon, 75017 Paris, France
Phone: +33 1 45 03 20 20
Email: accueil@macmahon-avocats.fr
Proceedings governed by Book VI of the French Commercial Code follow statutory deadlines. The information below is general and does not constitute legal advice.
Confidential procedures. The ad hoc mandate and conciliation (articles L.611-3 to L.611-15) are opened at the director's request and remain confidential.
Observation period. In rehabilitation proceedings, the observation period lasts six months, renewable once, with a further extension available at the public prosecutor's request (article L.631-7).
The actual timetable depends on the company's situation, the size of its liabilities and the work of the court-appointed officeholder. An initial discussion helps identify the appropriate procedure.
Matters in Morocco are handled in collaboration with partner lawyers admitted to the Moroccan bars. Those colleagues, admitted before the Kingdom's courts, carry out filings, hearings and local representation. Mac Mahon Avocats works alongside them on restructuring strategy and France-Morocco coordination.
This set-up complies with the applicable professional rules: the firm itself provides no judicial representation before Moroccan courts.
An initial confidential discussion helps identify the appropriate route (prevention, negotiation, turnaround).
Take appointment Call +33 1 45 03 20 20 Send an email
Advisory only, in collaboration with our partner lawyers admitted to the Moroccan bars, who handle representation before the Kingdom's courts.