French Commercial codeIn force
Section 1: Transfer of the business.
Article L642-3
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Showing 7381–7390 of 40353 articles for “Art. 25-3 et seq.”
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…court opens the professional recovery procedure only after ensuring that the legal conditions are met.The opinion of the public prosecutor is required prior to opening the procedure.
Decisions adopting or amending the safeguard or recovery plan or rejecting the resolution of this plan are subject to third-party opposition. The judgment ruling on the third-party objection is subjec…
Bankruptcy is punishable by five years' imprisonment and a fine of €75,000.
Discussions before the Commercial Court and the Judicial Court take place in chambers. However, the proceedings are open to the public as of right after the commencement of the proceedings if the debt…
As an exception to the provisions of Article L. 641-4, the only claims likely to rank in order of importance in the distributions and claims arising from an employment contract are verified.
The court which has ordered the opening of the collective coordination proceedings shall decide on the coordinator's request submitted in accordance with paragraph 6 of Article 72 of the Regulation an…
…eur with limited liability shall apply, unless otherwise provided, only within the limits of the assets allocated to the business in difficulty or, if the business is carried on without the allocation…
…official receiver or appoint a judicial representative to implement cooperation and communication between courts and between courts and insolvency practitioners.
The court shall rule on challenges raised or applications made, in accordance with paragraphs 7 or 8 of Article 36 of the aforementioned Regulation (EU) No 2015/848, by the local creditors of an estab…
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