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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 2: Court ruling adopting the plan and enforcement of the plan

        • Section 1: Court ruling must adopt the plan

          • I: Hearings

          • II: Content of the court ruling

            • A: Commitments made

            • B: Determining the duration of the plan

            • D: Registration of claims in the plan

            • E: Lifting the ban on issuing cheques

            • F: Declaration of inalienability of certain assets

          • III: Enforceability of the plan

          • IV: Remedies

569. Setting the duration of the plan

1 minute de lecture

The term of the plan, set by the court, may not exceed ten years . Where the debtor is a farmer, it may not exceed fifteen years. However, a legal entity, such as a farm with limited liability, cannot benefit from such an extension of the duration of the plan, even if it has a single natural person as a partner . The Ordinance of 20 May 2020 , adopted during the health crisis, allows the duration …

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