--- title: "August Debouzy advised the Hôtels de Paris group on its exit from judicial reorganisation proceedings and the approval of its continuation plan" id: "2931" type: "post" slug: "august-debouzy-advised-the-hotels-de-paris-group-on-its-exit-from-judicial-reorganisation-proceedings-and-the-approval-of-its-continuation-plan" published_at: "2025-07-24T07:34:55+00:00" modified_at: "2026-02-19T18:35:52+00:00" url: "https://augustdeboustg.wpenginepowered.com/en/deal/august-debouzy-advised-the-hotels-de-paris-group-on-its-exit-from-judicial-reorganisation-proceedings-and-the-approval-of-its-continuation-plan/" markdown_url: "https://augustdeboustg.wpenginepowered.com/en/deal/august-debouzy-advised-the-hotels-de-paris-group-on-its-exit-from-judicial-reorganisation-proceedings-and-the-approval-of-its-continuation-plan.md" taxonomy_category: - "Deal" taxonomy_language: - "English" taxonomy_post_translations: - "pll_6980e80c32bc6" taxonomy_tax_expertise: - "Insolvency and Restructuring" - "Restructuring" taxonomy_tax_secteur: - "Luxury - Retail" - "Real estate - Construction" --- Menu Interagir avec notre IA Practice Areas (66) Transactional- [Artificial intelligence](https://augustdeboustg.wpenginepowered.com/en/expertise/artificial-intelligence/) - [Capital Markets](https://augustdeboustg.wpenginepowered.com/en/expertise/capital-markets/) - [Commercial and International Contracts](https://augustdeboustg.wpenginepowered.com/en/expertise/commercial-and-international-contracts/) - [Commercial Contracts and Strategic Partnerships](https://augustdeboustg.wpenginepowered.com/en/expertise/commercial-contracts-and-strategic-partnerships/) - [Competition Law, European Regulation and FDI](https://augustdeboustg.wpenginepowered.com/en/expertise/competition-state-aid/) - [Consumer, Marketing & Advertising](https://augustdeboustg.wpenginepowered.com/en/expertise/distribution-and-consumer-law/) - [Financing](https://augustdeboustg.wpenginepowered.com/en/expertise/financing/) - [Foreign Investment Control](https://augustdeboustg.wpenginepowered.com/en/expertise/foreign-investment-control/) - [Go-to-Market](https://augustdeboustg.wpenginepowered.com/en/expertise/go-to-market/) - [Intellectual Property](https://augustdeboustg.wpenginepowered.com/en/expertise/intellectual-property/) - [International Trade](https://augustdeboustg.wpenginepowered.com/en/expertise/international-trade/) - [Labor and Social Security Law](https://augustdeboustg.wpenginepowered.com/en/expertise/labor-and-social-security-law/) - [Mergers-acquisitions](https://augustdeboustg.wpenginepowered.com/en/expertise/mergers-acquisitions/) - [Patents](https://augustdeboustg.wpenginepowered.com/en/expertise/patents/) - [Personal Data and Cybersecurity](https://augustdeboustg.wpenginepowered.com/en/expertise/personal-data-and-cybersecurity/) - [Private equity](https://augustdeboustg.wpenginepowered.com/en/expertise/private-equity/) - [Projects and Infrastructure](https://augustdeboustg.wpenginepowered.com/en/expertise/projects-and-infrastructure/) - [Public Procurement](https://augustdeboustg.wpenginepowered.com/en/expertise/public-procurement/) - [Real Estate and Construction](https://augustdeboustg.wpenginepowered.com/en/expertise/real-estate-and-construction/) - [Restructuring](https://augustdeboustg.wpenginepowered.com/en/expertise/restructuring/) - [Securities Law](https://augustdeboustg.wpenginepowered.com/en/expertise/securities-law/) - [Tax](https://augustdeboustg.wpenginepowered.com/en/expertise/tax/) - [Tech And Digital](https://augustdeboustg.wpenginepowered.com/en/expertise/tech-and-digital/) Dispute Resolution- [Administrative and Public Law Litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/administrative-and-public-law-litigation/) - [Arbitration and ADR](https://augustdeboustg.wpenginepowered.com/en/expertise/arbitration-and-adr/) - [Class Actions](https://augustdeboustg.wpenginepowered.com/en/expertise/class-actions/) - [Commercial and Corporate Litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/commercial-and-corporate-litigation/) - [Competition Litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/competition-consumer-and-distribution-litigation/) - [Constitutional Litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/constitutional-litigation/) - [Defective Products and Insurance Litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/defective-products-and-insurance-litigation/) - [Employment and Social Security Litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/employment-and-social-security-litigation/) - [Environmental and ESG Litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/environmental-and-esg-litigation/) - [European Litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/european-litigation/) - [Insolvency and Restructuring](https://augustdeboustg.wpenginepowered.com/en/expertise/insolvency-and-restructuring/) - [Intellectual Property, Media, and Press Litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/intellectual-property-media-and-press-litigation/) - [Patent Litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/patent-litigation/) - [Real Estate, Construction, and Land Use Litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/real-estate-construction-and-land-use-litigation/) - [Securities Litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/securities-litigation/) - [Tax litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/tax-litigation/) - [Tech, Digital and Data Litigation](https://augustdeboustg.wpenginepowered.com/en/expertise/tech-digital-and-data-litigation/) - [White-Collar Crime and Investigations](https://augustdeboustg.wpenginepowered.com/en/expertise/white-collar-crime-and-investigations/) Advisory- [Artificial intelligence](https://augustdeboustg.wpenginepowered.com/en/expertise/artificial-intelligence/) - [Commercial Contracts and Strategic Partnerships](https://augustdeboustg.wpenginepowered.com/en/expertise/commercial-contracts-and-strategic-partnerships/) - [Consumer, Marketing & Advertising](https://augustdeboustg.wpenginepowered.com/en/expertise/distribution-and-consumer-law/) - [Go-to-Market](https://augustdeboustg.wpenginepowered.com/en/expertise/go-to-market/) - [Governance and Corporate Law](https://augustdeboustg.wpenginepowered.com/en/expertise/gouvernance-et-droit-des-societes/) - [Insurance Law](https://augustdeboustg.wpenginepowered.com/en/expertise/insurance-law/) - [Intellectual Property](https://augustdeboustg.wpenginepowered.com/en/expertise/intellectual-property/) - [Labor and Social Security Law](https://augustdeboustg.wpenginepowered.com/en/expertise/labor-and-social-security-law/) - [Patents](https://augustdeboustg.wpenginepowered.com/en/expertise/patents/) - [Private Clients](https://augustdeboustg.wpenginepowered.com/en/expertise/private-clients/) - [Tax](https://augustdeboustg.wpenginepowered.com/en/expertise/tax/) - [Tech And Digital](https://augustdeboustg.wpenginepowered.com/en/expertise/tech-and-digital/) Regulatory- [Competition Law, European Regulation and FDI](https://augustdeboustg.wpenginepowered.com/en/expertise/competition-state-aid/) - [Compliance and Investigations](https://augustdeboustg.wpenginepowered.com/en/expertise/compliance-and-investigations/) - [Digital and Technology Regulation](https://augustdeboustg.wpenginepowered.com/en/expertise/digital-and-technology-regulation/) - [Digital Assets](https://augustdeboustg.wpenginepowered.com/en/expertise/digital-assets/) - [Environmental and Urban Planning Law](https://augustdeboustg.wpenginepowered.com/en/expertise/environmental-and-urban-planning-law/) - [ESG](https://augustdeboustg.wpenginepowered.com/en/expertise/esg/) - [European Law](https://augustdeboustg.wpenginepowered.com/en/expertise/european-law/) - [International Sanctions and Export Controls](https://augustdeboustg.wpenginepowered.com/en/expertise/international-sanctions-and-export-controls/) - [International Trade](https://augustdeboustg.wpenginepowered.com/en/expertise/international-trade/) - [Personal Data and Cybersecurity](https://augustdeboustg.wpenginepowered.com/en/expertise/personal-data-and-cybersecurity/) - [Product Compliance and Safety](https://augustdeboustg.wpenginepowered.com/en/expertise/product-compliance-and-safety/) - [Public Law](https://augustdeboustg.wpenginepowered.com/en/expertise/public-law/) - [Securities Law](https://augustdeboustg.wpenginepowered.com/en/expertise/securities-law/) Sectors (13) - [Aerospace and Defense](https://augustdeboustg.wpenginepowered.com/en/secteur/aerospace-and-defense/) - [Banking & Finance](https://augustdeboustg.wpenginepowered.com/en/secteur/banking-finance/) - [Data Centers](https://augustdeboustg.wpenginepowered.com/en/secteur/data-centers/) - [Energy](https://augustdeboustg.wpenginepowered.com/en/secteur/energy/) - [Health and Life Sciences](https://augustdeboustg.wpenginepowered.com/en/secteur/health-and-life-sciences/) - [Infrastructure Projects](https://augustdeboustg.wpenginepowered.com/en/secteur/infrastructure-projects/) - [Luxury And Retail](https://augustdeboustg.wpenginepowered.com/en/secteur/luxury-and-retail/) - [Manufacturing](https://augustdeboustg.wpenginepowered.com/en/secteur/manufacturing/) - [Media](https://augustdeboustg.wpenginepowered.com/en/secteur/media/) - [Real Estate & Construction](https://augustdeboustg.wpenginepowered.com/en/secteur/real-estate-construction/) - [Sport](https://augustdeboustg.wpenginepowered.com/en/secteur/sport/) - [Tech & Digital](https://augustdeboustg.wpenginepowered.com/en/secteur/tech-digital/) - [Telecommunications & Digital Infrastructure](https://augustdeboustg.wpenginepowered.com/en/secteur/telecommunications-digital-infrastructure/) Cet article résumé en une minute avec l’IA The continuation plan for Les Hôtels de Paris was approved by the Paris Commercial Court on 11 July 2025, marking a key milestone in the group’s restructuring process. Founded in 1992 by the Machefert family, Hôtels de Paris is listed on Euronext Paris and owns and operates a portfolio of over fifteen high-end hotels located in Paris, Saint-Tropez and Marrakech, along with several bars and restaurants. Following a prolonged dispute with its main creditor and multiple legal proceedings, the group filed for judicial reorganisation in April 2024. Since early 2025, August Debouzy has been advising the group on the design and implementation of a continuation plan aimed at ensuring its long-term viability and strategic repositioning. The approved plan is financed through the sale of three assets for a total consideration of €44.35 million, and a €90.525 million refinancing provided by Bain Capital. Initiated by the Machefert family, the plan includes a property reaggregation programme as well as targeted CAPEX financing, both designed to support the repositioning and enhancement of the group’s hotel portfolio. The August Debouzy team advising the Hôtels de Paris group was led by partner **Laurent Cotret** and included **Juliane Cat** and **Ulysse Brasier** on restructuring matters, alongside **Élie Bétard** (counsel) and **Théo Leclercq** on tax aspects. **OPLUS** (Olivier Pardo, Baptiste de Fresse de Monval) represents Les Hôtels de Paris in the dispute regarding the ColCity/Fortress claim. **Clifford Chance** (Pierre-Benoît Pabot du Châtelard) is advising the group on the structuring of the refinancing provided by Bain Capital. **White & Case** (Saam Golshani) acted as legal counsel to Bain Capital. **Archers** (Fabrice Patrizio) advised ColCity/Fortress, the group’s main creditor. **R&D Notaires** (Julien Remusat, Antoine Manchon, David Sussmann) advised on the asset disposals and the implementation of the security package. **Abitbol & Rousselet** (Frédéric Abitbol) acted as judicial administrator. **BTSG²** (Stéphane Gorrias) acted as creditors’ representative. **EY-Parthenon** (Pascal Gounon, Margaux Jaubert, Céline Daou, Clara Miozzo) served as independent financial expert. Share - Linkedin - Copy Link Cet article résumé en une minute avec l’IA ### Authors 4 - [Elie Bétard](https://augustdeboustg.wpenginepowered.com/en/collaborateur/elie-betard-2/) - [Ulysse Brasier](https://augustdeboustg.wpenginepowered.com/en/collaborateur/ulysse-brasier-2/) - [Laurent Cotret](https://augustdeboustg.wpenginepowered.com/en/collaborateur/laurent-cotret-2/) - [Théo Leclercq](https://augustdeboustg.wpenginepowered.com/en/collaborateur/theo-leclercq-2/) ### Practice Area 2 - [Insolvency and Restructuring](https://augustdeboustg.wpenginepowered.com/en/tax-expertise/insolvency-and-restructuring/) - [Restructuring](https://augustdeboustg.wpenginepowered.com/en/tax-expertise/restructuring/) ### Sector 2 - [Luxury – Retail](https://augustdeboustg.wpenginepowered.com/en/tax-secteur/luxe-et-retail_en/) - [Real estate – Construction](https://augustdeboustg.wpenginepowered.com/en/tax-secteur/immobilier-construction_en/) ## Discover more content that might interest you News [02/07/25 Deal 3 min August Debouzy Advises Réside Études on Its Comprehensive Restructuring August Debouzy has advised Réside Études Group in connection with its comprehensive restructuring plan, following financial difficulties encountered by sev Read more](https://augustdeboustg.wpenginepowered.com/en/deal/august-debouzy-advises-reside-etudes-on-its-comprehensive-restructuring/)