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The three decisions of the Tribunal de Grande Instance of Nanterre of 8 February 2013 is the latest episode in the French structured loans to public authorities saga. The Tribunal de Grande Instance of Nanterre rejected the request of the department of Seine-Saint-Denis...

As Eurozone concerns continue so does the market's focus on the role that loan documentation has to play in addressing potential redenomination risk. In this update to our earlier briefing The Eurozone Crisis and Loan Agreements (November 2011), we highlight...

In a landmark decision dated 13 September 2011, the French Supreme Court recognises trusts and parallel debt structures in International Financings. In the famous Belvedere restructuring, the French Supreme Court has recognised trust and parallel debt structures...

An update of the landmark case after the recent decision of the Cour de Cassation On 8 March 2011, the Cour de Cassation, the French Supreme Court, has quashed the decisions dated 25 February 2010 of the Paris Court of Appeal that had nullified the opening of...