London Partner, Didier Bruère-Dawson, was interviewed on the French network, BFM Business avec vous, where experts answer questions posed by auditors on difficulties companies are facing during the crisis.

Didier explains how French companies are leveraged up to 2,000 billion euros. Distressed funds (mainly US based funds) raised twice what they raised in 2019 in just a few weeks. In September 2020, French companies will face the warnings and covenant breaches. It will be a time of restructuring and take overs. Similar to the UK, the new frame of law is scheduled to organise the discussions between creditors and debtors.

Watch the full interview (in French) here.