Bankruptcy Law
Auteur : Louis Vogel
Sommaire de l’ouvrage
Introduction
Title 1: Prevention and detection
Section 1: Appointment of a receiver ad hoc
Section 2: Powers of the receiver ad hoc
Section 3: Confidentiality of the procedure
Chapter 2: Conciliation procedure
Part 2: Safeguard
Part 3: Judicial receivership
Part 4: Court-supervised liquidation and professional recovery
Part 5: Responsibilities and penalties
23. Consequences of the opening of the procedure
1 minute de lecture
The opening of an ad hoc mandate does not exonerate the manager from his obligations and responsibilities. Therefore, a manager who only belatedly declares the cessation of payments commits a management error that contributed to the insufficiency of assets even if an ad hoc mandate procedure was in progress .
Similarly, if a manager remains in office despite the opening of an ad hoc mandate, he ma …
