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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

          • I: Payment of dividends

            • A: Dividend distribution procedures

            • B: Recovery of dividends by the commissioner for the enforcement of the plan

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 …

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