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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 5: Responsibilities and penalties

    • Title 4: Bankruptcy and other offenses

      • Chapter 1: Bankruptcy

        • Section 1: Component parts

          • I: Sanctioned behavior

            • A: Use of ruinous means

            • B: Resale below market value

            • C: Misappropriation of assets

            • D: Fraudulent increase in liabilities

            • E: Fictitious bookkeeping or no bookkeeping at all

            • F: Clearly incomplete or irregular bookkeeping

            • G: Collusion

          • II: Temporal element

1029. Resale below market value

1 minute de lecture

In the event of the opening of receivership or court-supervised liquidation proceedings, purchases made with a view to resale below the market price may be sanctioned by a measure of bankruptcy, in accordance with Article L. 654-2, 1° of the Commercial Code. The offense of bankruptcy is committed when the manager of a company, deprived of financial resources and own funds, continues to buy on a ma …

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