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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 2: Safeguard

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

    • Title 5: Safeguard plan

      • Chapter 2: Court ruling must adopt the plan and plan implementation

        • Section 2: Implementation of the plan

          • II: Incidents of plan implementation

            • A: Amendment of the plan

            • B: Resolution of the plan

              • 2°: Opening of a new procedure

              • 4°: Effects on creditors

                • a): Reconstitution of claims and securities

                • b): Forfeiture of payment terms granted

                • c): No need to declare claims under the new procedure

278. Restoration of creditors' rights

1 minute de lecture

The judgment pronouncing the resolution of the plan puts an end to the operations and to the safeguard procedure when it is still in progress. In accordance with Article L. 626-27, I(4) of the Commercial Code, the creditors recover all their claims and securities, less the sums collected, subject to the provisions of the second paragraph of Article L. 626-19, which provides that the reduction of c …

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