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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

274. Ascertainment of the state of cessation of payments

1 minute de lecture

According to Article L. 626-27, I(3) of the Commercial Code, if the cessation of payments is noted during the implementation of the plan, the court that has decided on the plan may decide, after the opinion of the public prosecutor, its resolution and the opening of a receivership procedure or, if the receivership is clearly impossible, court-supervised liquidation procedure. Before giving its dec …

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