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Tag Archives: Partouche Groupe

France – Partouche seeks debt protection

French casino operator Groupe Partouche has sought creditor protection at the Tribunal de Commerce de Paris (similar to Chapter 11 bankruptcy protection) that will allow the struggling company to temporarily halt debt payment amounting to €233.7m. The ‘safeguarding’ application will allow the company to suspend debt repayments in order to raise funds to pay creditors…