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No Worse Off
Restructuring can be complex – but it doesn’t have to be confusing. No Worse Off delivers clear legal and commercial insights, along with practical tips to help businesses manage change, mitigate risk, and find opportunities in challenging times.
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Latest episode in the series

To close the year, in this episode of “No Worse Off” hosts Emma Gateaud, Lindsay Hingston and Alex Thomson look back at the key developments in the restructuring market in 2025.  In a monthly run-down they spotlight new trends in liability management and out-of-court solutions, and pivotal court decisions that have reshaped the UK restructuring plan.  The team also highlights headline bankruptcy cases, the Supreme Court’s motor finance ruling and a landmark decision in Wirecard.

Stay tuned for more insights into the world of restructuring and thank you for listening to "No Worse Off."

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Published
Dec 17, 2025
Duration
22 minutes
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In our latest episode of “No Worse Off,” we take a deep dive into one of Europe's most dynamic and distinctive restructuring markets: France. Host Emma Gateaud is joined by Marc Sénéchal a highly respected French court-appointed conciliateur and mandataire ad hoc and Freshfields Paris restructuring partner Guilhem Bremond and counsel Antoine Rueda.

Listen in as our panel discusses recent ‘jumbo’ cases and France’s unique two-phase restructuring process, which combines conciliation and sauvegarde accélérée. The discussion highlights how the 2021 reform enhanced the efficiency and predictability of the system, as well as the pivotal role of the court-appointed officer in building stakeholder consensus, ultimately ensuring greater fairness and reducing the risk of challenges.

Stay tuned for more insights into the world of restructuring and thank you for listening to "No Worse Off."

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Published
Dec 10, 2025
Duration
24 minutes
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RestructuringCVAsDistressed M&AFormal insolvency proceedingsRestructuring plansInsolvency related litigationSchemes of arrangementSpecial situations
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