COVID-19: What measures are still available to distressed companies?
Law No. 2020-1525 of December 7, 2020 on the acceleration and simplification of public action (often referred to under its French acronym “ASAP” Law) has extended until December 31, 2021 a number of derogations that adapt French legal provisions governing distressed companies to the COVID-19 health crisis.
The adoption of this Law provides the opportunity to recall the various measures that remain applicable to date.