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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 2: Enforcement of the plan

          • II: Incidents of plan implementation

            • A: Amendment of the plan

            • B: Resolution of the plan

              • 2°: Opening of the court-supervised liquidation procedure

              • 4°: Effects on creditors

                • a): Reconstitution of claims and securities

                • b): Forfeiture of payment terms granted

                • c): No need to declare claims under the new procedure

588. Forfeiture of payment periods provided for in the plan

1 minute de lecture

Termination of the plan entails forfeiture of any payment period granted under Article L. 626-27, I(4) of the Commercial Code, applicable to the receivership procedure by reference to Article L. 631-19. According to the courts, deadlines accepted by a creditor as part of the plan, which are not definitively acquired by the debtor until payment of the last scheduled instalment on the due date, are …

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