bad news for the businessman, his companies placed in compulsory liquidation

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bad news for the businessman, his companies placed in compulsory liquidation





© Pierre Perusseau / Bestimage
Bernard Tapie: bad news for the businessman, his companies placed in compulsory liquidation

Bad news for Bernard Tapie. While fighting cancer, the businessman will once again have to roll up his sleeves and face new legal problems, following the announcement of the Bobigny Commercial Court.

Bernard Tapie faces a double problem : first, his health problems. On March 30, his daughter Sophie Tapie explained to the BFMTV television channel that his father continued to fight cancer : “His treatment is particularly hard (…) it is very heavy but thanks to God he is not at all affected by the coronavirus and he really went green outside Paris with my mom”. In addition to this fight against disease, Bernard Tapie is going to have to face a new problem, this time judicial. Indeed, the commercial court of Bobigny pronounced this Thursday, April 30, the compulsory liquidation of its companies in the context of its dispute with Crédit Lyonnais. The court rejected its repayment plan for 400 million euros, holding that the businessman is not “not insured”. Consequence of this decision: all its companies are liquidated, like the Bernard Tapie Group, majority shareholder of the media group Provence, Financial and Real Estate Bernard Tapie, which owns its private mansion in Paris and its villa in Saint-Tropez, as confirmed AFP.


A decision fraught with consequences

The lawyer for Bernard Tapie does not intend to accept this decision and has announced a cassation appeal., as reported the Express. The lawyer specifies that Bernard Tapie announced that‘”no euro” will not be affected by its creditors “as long as the exact amount of its debt, the object of bitter procedural battles, has not been definitively settled “. However, Crédit Lyonnais is sticking to its positions: “We have consistently demonstrated that the three successive drafts of safeguard and recovery plans presented by Bernard Tapie were unrealistic “, explained in a press release François Lemasson, the president of the Consortium of realization (CDR), responsible for managing the legacy of Crédit Lyonnais. A new test for the former president of Olympique de Marseille.