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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 5: Responsibilities and penalties

    • Title 1: Improper financial support (soutien abusif)

      • Chapter 1: Principle of exemption from liability

        • Section 1: Field

          • I: Creditors

          • II: Notion of competition

        • Section 2: Scope

      • Chapter 3: Implementation of the action

      • Chapter 4: Penalties

969. Creditor exemption

1 minute de lecture

In accordance with Article L. 650-1(1) of the Commercial Code, when a safeguard, receivership or liquidation procedure is opened, creditors cannot be held liable for any harm suffered as a result of the assistance granted, except in cases of fraud, gross interference in the management of the debtor, or if the guarantees given in compensation for the assistance are disproportionate to it. Creditors …

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