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
Section 2: Implementation of the plan
I: Assumptions
Title 6: Accelerated safeguard
Part 3: Judicial receivership
Part 4: Court-supervised liquidation and professional recovery
Part 5: Responsibilities and penalties
282. Effects on creditors
1 minute de lecture
The termination of the plan, regardless of the cause, affects both the debtor and the creditors.
At the initiative of the debtor, the decisions relating to the procedure are removed from the registers in which they were entered , so that no record of its difficulties is likely to call into question the faith of its subsequent partners. Moreover, commitments relating to the settlement of claims ari …