Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Two months after its placement in receivership, the Commercial Court of Saint-Etienne has decided the liquidation of Laurent Père & Fils, a company specialised in distribution of automotive parts and accessories. The court rejected three takeover bids, considering that they did not meet the legal requirements for maintaining employment, discharging liabilities and ensuring the viability of the operation. The court ordered the judicial liquidation of this company, which constituted the historical activities of the family group created in 1937 by the grandfather of the current directors. The last 130 employees, out of the 155 employees at the start of the receivership procedure will therefore be laid off. Last year, the company achieved a turnover of €40 million.
Eurofound (2019), Laurent Père et Fils, Bankruptcy in France, factsheet number 99386, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99386.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
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Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
