Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
21 April 2016
Deals | France | M&A & Public Law
Gide advised the French State on the transfer of state export guarantee activities from Coface, a world leader in credit insurance, to Bpifrance following negotiations that began in July 2015 between Coface and the State on the principle of this transfer and on its various conditions.
State export guarantees are a central pillar of the policy to support French companies’ development. The French government wishes to strengthen the efficiency of the policy by allowing small and medium-sized companies to have easier access to support and by offering a ‘one-stop-shop’ able to respond to their growth challenges, particularly in international markets. The transfer’s finalisation required in particular the modification of the legislative and regulatory framework applicable to the management of public guarantees and the signing of a successor agreement between Bpifrance and Coface.
Legal counsel to the State (APE and Treasury): Gide - partner Guillaume Rougier-Brierre on M&A aspects and partner Thomas Courtel on public and administrative law aspects
Legal counsel to Coface: Cleary Gottlieb
Legal counsel to Bpifrance: Weil Gotshal & Manges
Legal counsel to CDC: Linklaters
