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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 3: Continuation of ongoing contracts

        • Section 1: General regime

          • III: Conséquences de l’option

            • A: Continuation du contrat

              • 1°: Unenforceability of prior breaches

              • 2°: Provision of promised service

              • 3°: Existence of funds required for payment

              • 4°: Compliance with rules applicable to the contract

              • 5°: Termination for non-payment by the creditor

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

103. Continuation at the initial conditions

1 minute de lecture

It follows from the spirit of Article L. 622-13 of the Commercial Code that the ongoing contract must continue under the terms initially agreed. The mere opening of the safeguard procedure cannot justify the modification of the terms of the contract. The Court of Cassation thus considers that the receiver's request to modify the terms of payment is incompatible with the continuation of the contrac …

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