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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 2: Safeguard

    • Title 1: Opening of the procedure

      • Chapter 3: Extension of the procedure

        • Section 3: Effects of extension

          • I: Unity of procedure

          • II: Effects on creditors

        • Section 4: Special case of sole traders

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

55. Consequences on the rights and obligations of creditors

1 minute de lecture

The extension of an insolvency proceeding has important effects on the rights of creditors. Firstly, a declaration of claim made to the creditors' representative is valid for all companies whose liabilities are merged, provided that it is made after the extension judgment . On the other hand, the extension cannot, because it is not retroactive, have the effect of regularizing the declaration of cl …

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