Cornet Vincent Segurel assists Abysse Corp in adopting its recovery plan with affected classes of parties

This operation enabled the company’s debts to be restructured and ensured its continued existence after a 12-month observation period.

A major player in the European derivatives market, Abysse Corp experienced financial difficulties that required the initiation of receivership proceedings. Faced with this situation, the group’s CEO, Xavier Sartoris, and CFO, Stéphane Moureaux, undertook ambitious restructuring measures and developed a solid recovery plan, supported by a genuine entrepreneurial project.

The plan is based on the mechanism of affected party classes, introduced by the recent reform of the law on companies in difficulty. This mechanism has made it possible to align the interests of all stakeholders, in particular the company’s beneficiaries and creditors, whose confidence has been essential in building the future of Abysse Corp.

After a 12-month observation period, on November 25, 2025, the Rouen Commercial Court approved a recovery plan, thereby validating the financial restructuring while preserving the sustainability of its business and the future of its employees. This decision marks a true renaissance for Abysse Corp, which now has the means to continue its development and write a new chapter focused on stability and growth.

A team from the law firm Cornet Vincent Ségurel, led by Jean-François Puget, partner, assisted the company throughout this process.

Participants

Abysse Corp: Xavier Sartoris, Stéphane Moureaux

Advisors

Corporate lawyer: Cornet Vincent Ségurel (Jean-François Puget, Emna Chebbi)

Financial advisor: Eight Advisory (Paul Lederlin, Victoire Sordet)

Insolvency administrator: AJAssociés (Hervé Coustans, Serge Preville, Sabrina Coupé, Mathieu Dereau, Marion Lefebvre)