Legal Services
Whitecase
Full Credential Description
In late 2023, Naos Hôtel Groupe faced significant challenges that necessitated judicial reorganization proceedings for both the parent company and its subsidiaries. The company was in discussions with key strategic partners and creditors regarding the restructuring of its operations and the sale of its high-end hotel assets. White Case LLP provided tailored legal advice throughout this complex process. The firm facilitated negotiations and guided Naos Hôtel Groupe through the judicial proceedings, ultimately leading to the successful sale of its portfolio, which included 13 four- and five-star hotels operated under the Hilton and Marriott brands in France. On December 6, 2024, the Commercial Court of Poitiers approved the takeover of these assets by various buyers, including ICG, Westmont Hospitality, Ferré Hôtels, LRO Hospitality, and Atypio Invest. The strategic legal support from White Case not only helped in navigating the restructuring but also ensured a smooth transition of ownership for the hotel assets, thereby stabilizing the companys financial standing and preserving its brand value in the competitive hospitality market.