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Ouvrages

Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage

  • Introduction

  • Part 3: Judicial receivership

    • Title 2: Observation period

      • Chapter 2: Inventory

      • Chapter 3: Continuation of ongoing contracts

        • Section 1: General rules

          • III: Consequences of the option

            • A: Continuation of the contract

              • 1°: Non-opposability of prior non-performance

              • 2°: Provision of the promised service

              • 3°: Existence of funds required for payment

              • 4°: Compliance with rules applicable to the contract

              • 5°: Termination for non-payment by creditor

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

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

374. Termination of contract continued

1 minute de lecture

Under the terms of Article L. 622-13, III, 2° of the Commercial Code , in the absence of agreement by the other party to continue contractual relations, the contract is terminated ipso jure if the debtor or receiver fails to pay the sum of money owed to it under the continued contract . When the continued contract is an insurance contract, these provisions must be combined with those of Article L. …

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