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Ouvrages

Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage

  • Introduction

  • Part 2: Safeguard

    • Title 2: Observation period

      • Chapter 2: Inventory

      • Chapter 5: Treatment of company creditors

        • Section 1: Previous creditors

          • II: Termination of individual lawsuits and enforcement procedures

            • A: Proceedings must be adopted

              • 1°: Claims concerned

              • 2°: Actions concerned

                • a): Actions for payment of a sum of money

                • b): Actions for rescission for non-payment of a sum of money

                • c): Actions against natural persons who are co-guarantors or guarantors

              • 3°: Proceedings must be adopted

            • B: Enforcement and distribution procedures must be adopted

            • D: Resumption to determine the amount of the claim

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

132. Protection of natural persons who are co-obligated or guarantors

1 minute de lecture

Originally, only natural persons benefited from the rule of the stay of individual lawsuits and enforcement proceedings . In 2005 , this rule was extended to co-obligors and independent guarantors and, in 2008 , to persons who have assigned or transferred property as security. As the manager is most often the guarantor of his company's debts, the purpose of this provision is to protect him and thu …

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