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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 2: Safeguard

    • Title 2: Observation period

      • Chapter 1: Company administration

        • Section 1: Debtor's management powers

          • I: In the absence of a receiver

          • III: Acts subject to authorization by the bankruptcy judge

            • A: Disposal acts outside everyday management

            • B: Conventional security interests

            • C: Compromise or transaction

            • D: Payments required to continue business activity

            • E: Penalties for failure to obtain authorization

      • Chapter 2: Inventory

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

89. Nullity of the act or payment

1 minute de lecture

Article L. 622-7, III of the Commercial Code provides that “[a]ny act or payment made in violation of the provisions of this article shall be annulled at the request of any interested party or of the public prosecutor”. Consequently, in the absence of prior authorization by the bankruptcy judge, the declaration by which the debtor announces that he intends to exercise the right of substitution for …

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Décisions

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