Bankruptcy Law
Auteur : Louis Vogel
Sommaire de l’ouvrage
Introduction
Part 1: Preventing difficulties
Title 1: Opening of the procedure
Title 2: Observation period
Title 3: Drawing up an economic, social and environmental report
Title 4: Determination of debtor's assets
Chapter 1: Drawing up a draft plan
Section 1: Court ruling must adopt the plan
B: Recovery of dividends by the commissioner for the enforcement of the plan
II: Incidents of plan implementation
Section 3: Completion of the plan
Title 6: Accelerated safeguard
Part 3: Judicial receivership
Part 4: Court-supervised liquidation and professional recovery
Part 5: Responsibilities and penalties
269. Distribution of dividends
1 minute de lecture
In accordance with Article L. 626-21(5) of the Commercial Code, the court sets the terms and conditions for the payment of dividends determined by the plan. The dividends are paid to the commissioner for the execution of the plan, who proceeds to their distribution. Where the proper implementation of the plan so requires in view of the particular nature of the payments to be made, the court may, b …