Given their training, experienced management skills and adept knowledge of the legislative statute, the French Judicial Administrator (or simply “administrator”) remains the specialist for companies undergoing transitory difficulty.

Regardless of the problems encountered, the administrator intervenes as an independent professional at the sides of company chief executive officers. He assists them in anticipating and dealing with crisis situations and in making the right decisions to a sustainable recovery of the business.

The administrator exerts a twofold mission – he guarantees the transparency and propriety of the negotiations and also provides assistance in the reaching of bilateral agreements between the company and its partners.  

His domain of intervention gives him access to many specialists in the distressed business sector, such as:  Specialised investors, dedicated banks (litigation, special affairs, financing), lawyers, chartered accountants, public bodies (CIRI / Interdepartmental Committee on Industrial Restructurings, foreign equivalents:  Industrial Restructuring Corporation, Industrial Revitalisation Corporation) ; DDTE / Employment and Labour Departmental Administrations; ANPE / National Employment Bureau; etc… ), financial advisors, investment banks, transition managers 

Acting as a risis manager, and an advocate of surveillance and early detection, the French Judicial Administrator intervenes more frequently upstream of difficulties through the prevention measures promulgated by the legislator.

The following chart describes the different prevention options available:  The quicker the business launches a preventive measure, the more management control they retain and the better the chances for survival of the company.