Bankruptcy Law
Auteur : Louis Vogel
Sommaire de l’ouvrage
Introduction
Part 1: Preventing difficulties
Part 2: Safeguard
Section 1: Conditions relating to the person of the debtor
A: Assets available
B: Liabilities due
C: Inability to pay
II: Burden of proof of cessation of payments
Section 3: Extension of the procedure
Chapter 2: Procedural requirements
Title 2: Observation period
Title 3: Drawing up the economic, social and environmental balance sheet
Title 4: Determining the debtor's assets and liabilities
Title 5: Receivership plan
Title 6: Total or partial sale plan
Title 7: Closure of the procedure
Part 4: Court-supervised liquidation and professional recovery
Part 5: Responsibilities and penalties
293. Definition
1 minute de lecture
Under the terms of Article L. 631-1(1) of the Commercial Code, a receivership procedure is instituted for any debtor mentioned in Articles L. 631-2 and L. 631-3, who is unable to meet its current liabilities with its available assets, and who has ceased payments. This condition must be assessed, where applicable, for the sole assets involved in the professional activity or activities. …