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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 5: Treatment of company creditors

        • Section 3: Secured creditors

          • I: Right of retention of non-possessory pledgee unenforceable

          • II: Prohibition of commissory agreement

          • III: Sale of a secured asset

          • IV: Substitution of securities

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

187. Sale of a security interest

1 minute de lecture

Under the terms of Article L. 622-8(1) of the Commercial Code, "[i]n the event of the sale of an asset subject to a security interest [...], the portion of the price corresponding to the claims secured by such security interests is paid into a deposit account at the Deposits and Consignments Fund (Caisse des dépôts et consignations). After the adoption of the plan, the creditors benefiting from th …

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