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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage

  • Introduction

  • Part 3: Judicial receivership

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

    • Title 5: Receivership plan

      • Chapter 1: Drawing up the draft plan

        • Section 1: Serious possibility of receivership

        • Section 2: Initiation of the draft plan

        • Section 3: Content of the draft plan

        • Section 6: Seeking creditors' agreement on deadlines and discounts

          • I: Mandatory nature of consultation

          • II: Deadlines for response

          • III: Special case of public creditors

          • IV: Outcome of negotiations

            • A: Deadlines and discounts granted or imposed

              • 1°: Deadlines and discounts granted by creditors

              • 2°: Uniform deadlines imposed on creditors

              • 3°: Claims exempt from terms and discounts

                • a): Wage claims

                • b): Weakest unsecured claims

                • c): New money privileged claims

            • B: Conversion of claims into capital

        • Section 8: Hypotheses of failure to adopt the draft plan

560. Exemption for small unsecured claims

1 minute de lecture

Pursuant to Article L. 626-20, II of the Commercial Code , up to 5% of the estimated liabilities, the smallest claims, in ascending order of amount and not exceeding EUR 500 each , are repaid without remission or delay . This applies a fortiori to claims of less than EUR 300 . The text specifies that this provision does not apply when the amount of claims held by the same person exceeds one tenth …

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