THE SUBSIDIARY IN DIFFICULTY

Although the subsidiary is a company whose form is not different from the one known by the law of commercial companies it presents a particularity compared to the isolated companies. As a key element in the commercial policy its membership in a group of companies is revealing especially in case of difficulties. In the absence of a special treatment of the difficulties of subsidiaries this work presents through a global and comparative study the techniques of voluntary support for a possible restructuring of a financial economic failure by the parent company head of the group. A reconstruction that is at the same time conditioned and responsible both within the framework of collective proceedings and outside this framework.