Lionel Devic

Non-profit organizations

The co-head of the Paris-based team specializing in non-profit sector organizations, Lionel DEVIC has developed recognized expertise in the following specific areas: - reorganizing the activities and assets (particularly property) of non-profit organizations (merger, mutualization, division into subsidiaries) - incorporating complex groups, whether or not they belong to the community-oriented economy, implying the coexistence of separate legal entities (associations, non-commercial and commercial companies, local authorities) - creating foundations and numerous endowment funds - optimizing company and asset transfers (shareholder endowment funds, incorporation of tools for holding philanthropic capital) - developing additional financing methods (shared return funds, mutual investment funds, UCITS, private equity). - In this framework, he works primarily for associations (general interest, professional, religious, etc.), foundations, endowment funds and congregations. When handling his cases, he strives to propose and/or prompt effective strategic thinking (benchmarks, audits, etc.), making it possible to anticipate development opportunities.

After graduating with a master’s degree and DEA postgraduate qualification in Business Law (Jean MOULIN LYON III University), he joined DELSOL Avocats in February 1999.