Bankruptcy Law
Auteur : Louis Vogel
Sommaire de l’ouvrage
Introduction
Part 1: Preventing difficulties
Part 2: Safeguard
Part 3: Judicial receivership
Part 4: Court-supervised liquidation and professional recovery
Title 1: Improper financial support (soutien abusif)
Title 2: Liability for insufficiency of assets
Chapter 1: Sanctioned behavior
Section 1: Natural persons
Section 2: De jure managers
Section 4: Sole proprietor
Chapter 3: Procedural requirements
Chapter 4: Joint penalties
Title 4: Bankruptcy and other offenses
1018. De facto managers
1 minute de lecture
When a receivership or a court-ordered liquidation procedure is initiated, the penalties of personal bankruptcy and a management ban are applicable to natural persons who are de facto managers of the corporate debtor . A de facto manager, who is liable to a management ban, is the son of the manager, who presents himself as the “manager” of the debtor company, and becomes the company's guarantor an …
