Court-ordered takeovers have an 86% chance of success, according to a KPMG study
For any consular judge, the activity linked to what is called collective procedures is surely the one that makes them feel the rhythm of economic life the closest.
It is also often the most publicized.
In contrast to what is frequently in the news, there are, however, few figures on this activity.
Also, the study carried out on the transfer plans that you have in your hands is interesting in more than one way.
From the average duration of a procedure – from the opening of the procedure to the examination of the offers – to the number of offers made and the number of jobs taken over, we see in documented form what we could have foreseen.
Enabling the continuation of the company’s activity, maintaining employment, clearing the liabilities.
Obviously, the order prescribed by the law is rather respected:
- 1.6 offers maintained on average per case,
- ¾ of the jobs saved and even 83% in the case of the largest companies (over 500 employees)
- on the other hand only 6% of the rate of discharge of liabilities by the transfer plans.
One wonders whether this hierarchy will persist after the implementation of the future European Directive on insolvency
Discuss your next step confidentially
Clarify objectives, timing and options with a senior M&A adviser.
Book a confidential meeting


