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In re: CGG S.A.

Bankruptcy Court Recognizes, Enforces French Order Sanctioning, Approving Safeguard Plan

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MEMORANDUM OPINION RECOGNIZING AND ENFORCING THE ORDER OF THE FRENCH COURT SANCTIONING THE SAFEGUARD PLAN

*1 Pending before the Court is the Foreign Representative’s Motion for an Order Recognizing and Enforcing the Order of the French Court Sanctioning the Safeguard Plan and Granting Related Relief, filed on December 6, 2017 (the “Motion,” ECF Doc. # 19). The Motion is supported by the declaration of Beatrice Place-Faget (the “Place-Faget Declaration,” ECF Doc. # 20), appointed foreign representative in this Chapter 15 case (the “Foreign Representative”), and the declaration of Caroline Texier (the “Texier Declaration,” ECF Doc. # 21). The Motion is unopposed. The Court issues this Opinion because this is one of the few times when a United States Bankruptcy Court has been asked to recognize and enforce a French Safeguard Plan that has been sanctioned by a French court. For the reasons explained below, the Motion is GRANTED.*2

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