In His Own Words
The Questions, Answered
The questions people ask before doing business with Harold Levillair, answered in the first person. Every answer comes with its reference.
Why move from technology and retail to finance?
Because it is the same problem seen from two sides. At iBazar, which eBay absorbed in 200110, I learned how a platform connects people who have never met and gives them reasons to trust each other. In retail, in Shanghai and in France, I learned what a few days of cash mean to a business.
Today I am building an infrastructure that links digital capital to real-world assets: on one side capital that looks for a sound use, on the other real businesses that need short-term credit.
What happened to the bakeries in China?
I sold Levillair Group, which ran them, to a Chinese retail group. The new owner rebranded the bakeries, which is why the PAUL name is no longer present in mainland China11.
What is the French court decision published in 2019?
In February 2019 the French official bulletin published a judgment of a commercial court concerning me8. It orders a measure of French insolvency law called faillite personnelle, which restricts a person from managing companies, for eight years12.
It was ordered in the proceedings of one company: Hardi Investissements, my former holding company in France.
Where does it come from?
From one supplier invoice. When the holding company was sold, an invoice from a supplier was left unpaid. The proceedings grew out of that invoice.
Has the invoice been paid?
Yes. It has been paid, and I hold the letter that confirms it.
How long does the measure last?
Eight years from the judgment.
French law allows the person concerned to ask the court to lift the measure once the debts have been paid12.
Statement
On An Anonymous Website
An anonymous website publishes accusations against Harold Levillair. They are defamatory.
A complaint has been filed. Summary proceedings are under way to have the site taken down.
The full reply is on a site of its own: haroldlevillair.net.
References
Sources
Numbers on every page refer to this list: press articles and official registers. Statements without a number are Harold Levillair’s own account.
- CCTV International, “French cuisine wins fans in Shanghai”, 23 October 2008. http://www.cctv.com/english/20081023/102867.shtml
- Shanghai Daily, “French opulence splashes out in Xintiandi”, 2009. https://archive.shine.cn/feature/events-and-tv/French-opulence-splashes-out-in-Xintiandi/shdaily.shtml
- Shanghai Young Bakers, newsletter, March 2009. https://www.shanghaiyoungbakers.com/wp-content/uploads/Newsletters/SYB_newsletter_March%202009.pdf
- L’Hôtellerie Restauration, “Le Pain Quotidien s’implante à Cannes”, Anne Sallé, 30 May 2014. https://www.lhotellerie-restauration.fr/actualite/le-pain-quotidien-s-implante-a-cannes
- BODACC A no. 20130244, notice 779, 19 December 2013. Creation of Hardi Investissements (SIREN 798 923 637). https://www.bodacc.fr/
- BODACC A no. 20160193, notice 2153, October 2016. Simplified judicial liquidation of Hardi Investissements. https://www.bodacc.fr/
- BODACC A no. 20170132, notice 1861, 2017. Filing of the statement of claims. https://www.bodacc.fr/
- BODACC A no. 20190028, notice 2492, 8 February 2019. Judgment of faillite personnelle, eight years. https://www.bodacc.fr/
- French commercial register, Hardi Investissements, struck off on 1 December 2021. Consulted on Pappers. https://www.pappers.fr/entreprise/hardi-investissements-798923637
- Wikipedia (French), “IBazar”. Launch in October 1998, absorbed by eBay in 2001. https://fr.wikipedia.org/wiki/IBazar
- Wikipedia, “Paul (bakery)”. International openings: China, 2007, brand no longer present. https://en.wikipedia.org/wiki/Paul_(bakery)
- French Commercial Code, articles L653-1 to L653-11. Légifrance. https://www.legifrance.gouv.fr/codes/id/LEGISCTA000006146120/
- RetailDetail, “Le Pain Quotidien gets new main office in Brussels”, 3 April 2017. The main office of the brand was in New York until then. https://www.retaildetail.eu/news/food/le-pain-quotidien-gets-new-main-office-brussels
To report an error on this site, write to contact@haroldlevillair.com. Corrections are made and dated.