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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 2: Safeguard

    • Title 2: Observation period

      • Chapter 2: Inventory

      • Chapter 4: Actions carried out in the collective interest

        • Section 1: Notion of collective interest

        • Section 3: Typology

        • Section 4: Allocation of sums recovered

    • Title 3: Drawing up an economic, social and environmental report

117. Fate of the funds raised

1 minute de lecture

Paragraph 4 of Article L. 622-20 of the Commercial Code provides that “[t]he sums recovered as a result of the actions brought by the legal representative or, failing that, by the creditor(s) appointed as controller(s), enter into the debtor's assets and are allocated in the event of the continuation of the business in accordance with the terms and conditions laid down for the discharge of liabili …

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