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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 3: Judicial receivership

    • Title 2: Observation period

      • Chapter 2: Inventory

      • Chapter 4: Treatment of company creditors

        • Section 1: Prior creditors

          • II: Stay of individual proceedings and enforcement procedures

            • A: Proceedings must be adopted

              • 1°: Claims concerned

              • 2°: Actions concerned

                • a): Actions for payment of a sum of money

                • b): Actions for rescission for non-payment of a sum of money

                • c): Actions against natural persons who are co-guarantors or guarantors

              • 3°: Proceedings must be adopted

            • B: Enforcement and distribution procedures must be adopted

            • D: Repossession for determination of the amount of the claim

      • Chapter 8: Closure for the purpose of paying off creditors

    • Title 3: Drawing up the economic, social and environmental balance sheet

396. Sanction for non-payment by the debtor

1 minute de lecture

Article L. 622-21, I, 2° of the Commercial Code suspends or prohibits both actions for payment of a sum of money and actions for termination of a contract for non-payment of a sum of money. As a result of the “stay of proceedings” rule, a decision to open new receivership procedure following the termination of the continuation plan suspends an action for termination of the lease for non-payment o …

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