Thomas Doyen represents clients in major French pre-insolvency and insolvency proceedings cases, as well as high-profile, out-of-court, and complex cross-border restructuring matters. 

Mr. Doyen leverages extensive experience across multiple industries to guide corporates, management teams, private equity sponsors, hedge funds, credit funds, banking institutions, and alternative capital providers on:

  • Balance sheet restructurings (out-of-court or judicial), including loan-to-own and debt-to-equity swap strategies
  • Distressed new money financings
  • Acquiring or selling distressed businesses through share deals (distressed M&A) or asset deals under insolvency proceedings (plan de cession)
  • Restructuring litigation cases
  • Alternative / special situation matters

Mr. Doyen is a member of the Association pour le Retournement des Entreprises (ARE), INSOL Europe, and the Young Restructuring Professionals Association (Association des Jeunes Professionnels du Restructuring, or AJR).

He has been involved in several working committees of the main restructuring professional association (ARE), including the one in charge of working on the transposition in France of the EU Directive on restructuring and insolvency

Mr. Doyen frequently lectures on restructuring matters at business law schools.


Mr. Doyen's experience includes representing:

  • Steering Committee of the €1.4 billion Term Loan B in the financial restructuring of the Casino Guichard-Perrachon’s group
  • The syndicate lenders in relation to the set-up, structuring, and financing of the joint venture between Altice France and Morgan Stanley Investment Management (MSIM) to acquire a large number of Altice data centers
  • The banks on the amicable debt and equity restructuring of the Damartex Group, a leading player in  the silver economy
  • Briarwood Chase Management, as minority shareholder and creditor in the financial restructuring of Technicolor Creative Studios
  • Plastic Energy group in the amicable restructuring and sale of a French subsidiary to the GreenDot’s group
  • The creditors’ representatives (mandataires judiciaires) in the context of Go Sport and Wilsam (Gap) insolvency proceedings
  • Fedrigoni in the takeover of certain Arjowiggins France’s activities under insolvency proceedings
  • The Pimkie group, a French apparel brand, on its financial and operational restructuring
  • A potential new money investor in the context of Orpea’s financial restructuring
  • Farallon Capital as subscriber of GreenYellow’s issue of €109 million convertible bonds with warrants attached. GreenYellow is a leading energy transition company and subsidiary of Casino Group
  • Smyths Toys in the takeover of the assets and activities of Luderix International (operating the PicWicToys brand) by way of an asset sale plan
  • The bilateral lenders of the GEFCO group as a result of the sanctions imposed on the main shareholder, the Russian company Russian Railways, and the subsequent acquisition of the group by CMA-CGM
  • Certares in the context of the equity investment bid process of the Pierre & Vacances – Center Parcs group 
  • Marathon Asset Management in the refinancing Foraco International SA's indebtedness
  • The cross-holders coordinating committee in the financial restructuring and debt-to-equity swap of the Europcar group
  • Butler Industries in its bid for the acquisition of Courtepaille’s assets and activities under insolvency proceedings
  • Impala in the successful takeover of the cosmetics group Alès Groupe under insolvency proceedings
  • Grain de Malice (Oosterdam group) in its bid offer for part of the assets and businesses of Camaïeu in the context of insolvency proceedings
  • BUT in relation to the financial difficulties of Paris Bedding (Dunlopillo) and restructuring of the Adova group and subsequent litigation matters
  • The coordinating committee of senior noteholders in the cross-border restructuring of the Lecta group (including Condat in France, the first private employer in Dordogne)*
  • A group of majority bondholders, including Anchorage Capital and Hayfin Capital, on the third restructuring of the Vivarte group, resulting through the implementation of a Fiducie (French trust) in the complete cancellation of its debt and its takeover by the bondholders and ending the financial restructuring of Vivarte for more than €3 billion since 2014*
  • Cromology (formerly Materis Paint) and its sponsor, Wendel, a Paris-listed private equity firm, on Cromology’s financial restructuring*
  • Schmolz + Bickenbach in its successful bid for the acquisition of the assets and businesses of Asco Industries (Ascometal group) under insolvency proceedings and the subsequent negotiations regarding Ascoval*
  • The steering committee of the high-yield bondholders on the debt and share capital restructuring of French oil services listed company CGG, among the major financial restructurings in France with US$3 billion indebtedness, and the first restructuring conducted under French (sauvegarde) and US (chapter 11 and chapter 15) legal proceedings led in parallel*
  • KKR in its bid offer for the assets and activities of Gerard Darel under insolvency proceedings*

*Matter handled prior to joining Latham

Bar Qualification

  • Avocat (Paris)


  • LLM in International Business Law, King's College London, 2012
  • Master 2 Professionnel in Business Law, Université Paris IX Dauphine, 2011

Languages Spoken

  • English