Overview
- The company is preparing to ask the commercial court in Orléans for placement in redressement judiciaire as soon as Monday, according to multiple reports.
- Sources say cash reserves are effectively empty and employees received only 50% of their most recent wages, triggering immediate payroll distress.
- Management turmoil followed the mid-April suspension of CEO François Marciano and his son Antoine, creating governance uncertainty at the worker-owned Scop.
- Last autumn more than €20 million in investment promises and regional support were reported during a rapid fundraising but those commitments have not prevented the current cash crisis.
- If the court accepts the request, Duralex would face its fifth judicial reorganisation in about 20 years with direct risk to 243 jobs at the single La Chapelle-Saint-Mesmin factory and wider questions about the viability of cooperative rescues for fragile industrial firms.