{"id":2752,"date":"2022-12-27T17:51:40","date_gmt":"2022-12-27T16:51:40","guid":{"rendered":"https:\/\/sion.beestk.com\/conciliation-in-the-interests-of-a-food-service-establishment\/"},"modified":"2026-02-05T12:49:53","modified_gmt":"2026-02-05T11:49:53","slug":"conciliation-in-the-interests-of-a-food-service-establishment","status":"publish","type":"post","link":"https:\/\/sion.beestk.com\/en\/conciliation-in-the-interests-of-a-food-service-establishment\/","title":{"rendered":"Business Case – Conciliation in the interests of a food service establishment"},"content":{"rendered":"\n

For nearly a year, our client\u2014a well-known restaurant company in Marseille\u2014has suffered very substantial revenue losses due to COVID-19 and the various restrictions introduced by the government (notably the health pass).<\/p>\n\n

For almost a year, the restaurant tried to negotiate amicably with its landlord over \u20ac60,000 in rent arrears. The landlord was requesting a \u20ac25,000 lump-sum payment, with the remainder to be repaid on a one-year schedule.<\/p>\n\n

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Seeing that an amicable agreement with the landlord could not be reached\u2014and given the impact this could have on the company (judicial reorganization<\/a> or even liquidation)\u2014management decided to appoint Sion Avocat Law Firm. After discussions with the company\u2019s chartered accountant, we decided to pursue a conciliation strategy.<\/p> \n \n<\/div> \n<\/div> \n<\/div> \n<\/div> \n

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You may be wondering why Ma\u00eetre Sion did not choose the mandat ad hoc<\/em><\/a> strategy, which is legally \u201clighter.\u201d Our aim was to restore the company\u2019s financial health as effectively as possible, which required renegotiating the State-Guaranteed Loan (PGE) by asking the bank for a two-year suspension, followed by a rescheduling over six years. The business plan provided by the chartered accounting firm reinforced this forward-looking plan for the company.<\/p> \n \n<\/div> \n<\/div> \n<\/div> \n<\/div> \n

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At the end of this conciliation process, Sion Avocat Law Firm obtained:<\/p>\n\n