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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 5: Responsibilities and penalties

    • Title 2: Liability for insufficiency of assets

      • Chapter 4: Powers of the court

        • Section 1: Right of communication

        • Section 2: Conservatory measures

        • Section 3: Determining the penalty

        • Section 4: Authority to compromise

        • Section 5: Return of sums paid into the debtor's assets

995. Return of sums paid into the debtor's assets

1 minute de lecture

Pursuant to Article L. 651-2(5) of the Commercial Code, sums paid by managers or sole proprietors are included in the debtor's assets, before being distributed among all creditors on a lump-sum basis. Managers or sole traders may not participate in distributions up to the amount of the sums they have been ordered to pay. …

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