Mac Mahon Avocats advises, through its dedicated Morocco Desk based in Paris, companies operating in Tetouan on the prevention and treatment of financial distress. The engagement is strictly limited to restructuring advisory: prevention, negotiation, turnaround.
Tetouan, integrated into the Tangier-Med dynamic, benefits from a rapidly growing industrial base (automotive, textile, electronics, beach tourism in Martil and M'diq). Regional companies experience frequent capital restructuring and refinancing operations tied to the Tangier-Med hub expansion.
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 Tetouan or Casablanca bar.
Strategic meetings by video, targeted trips to Tetouan for critical phases (bank negotiations, creditor committees), memos in French, English or Arabic depending on recipients.
Tetouan has no commercial court of its own: commercial disputes and insolvency matters for Tetouan companies fall in practice within the district of the Commercial Court of Tangier, under the judicial map set by Decree no. 2-97-771 (28 October 1997), issued under Law no. 53-95. This has a concrete effect on timing and case logistics; the exact district is confirmed with local partner counsel before any filing.
Mac Mahon Avocats does not appear before Moroccan courts; this information is provided as guidance for company directors.
Tetouan and its coastline (Martil, M'diq, Fnideq) combine textiles and garments, construction and property development, seaside tourism, outsourced services and activity linked to nearby Tanger Med and the strait.
As Tetouan has no commercial court, the case falls within the district of the Commercial Court of Tangier. The applicable district is confirmed with the Moroccan partner lawyer, who alone appears before the court.
It calls for more anticipation: full document preparation upfront, tighter coordination with Tangier counsel, and a negotiation timetable factoring in hearing delays.
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.
Filing of claims. Creditors have two months from publication of the opening judgment in the BODACC to file their claim (article L.622-24).
Filing deadline. Article L.631-4 of the French Commercial Code requires the insolvency (cessation of payments) to be declared within forty-five days, unless conciliation is requested within that period.
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).
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Advisory only, in collaboration with our partner lawyers admitted to the Moroccan bars, who handle representation before the Kingdom's courts.