Guimard was left without a team when Castorama dropped out of the sport at the end of 1995. He helped form the Cofidis team but left after a court case in 1997 in which he was accused of false accounting and of obtaining credit by false pretences. Guimard had been one of the founding directors of Siclor, a company set up in 1996 with 2.8 million francs of state aid to make bicycle frames. It collapsed in January 1997 with debts of 4.5 million francs. A court sentenced Guimard to a suspended jail sentence for "abuse of social funds" and Cofidis, a moneylending company, said: "Given the personal difficulties that face Cyrille Guimard and the media risks that could unfairly bring to Cofidis, Cyrille Guimard and Cofidis have agreed to end their collaboration."