Advising Electro Banque in connection with the safeguard plan of Nextira One

Advising Electro Banque, one of the major creditors of Nextira One Group, a leading European expert in communication services, in connection with the safeguard plans of Nextira One.

On March 30, 2016, the Commercial Court of Paris approved the safeguard plans of NXO Europe, NXO Group and NXO Management.

The plans were subject to a unanimous vote by the major creditors’ committees including, in particular, The Royal Bank of Scotland, Electro Banque and ALE International.