English contracts and French safeguarding
2 min read
Cassini SAS entered a Senior Facilities Agreement (SFA) with Emerald Pasture Designated Activity Co (Emerald) in March 2019. The SFA was governed by English law, contained an exclusive jurisdiction clause. In September 2020, Cassini entered a Sauvegarde or “safeguard procedure” (a French insolvency procedure and form of debtor-in-possession proceeding).