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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

582. State of cessation of payments

1 minute de lecture

Where the cessation of payments is established during the enforcement of the plan, the court may decide, after obtaining the opinion of the public prosecutor, to terminate the plan and open a court-supervised liquidation procedure if the receivership appears manifestly impossible . Before making its decision, the court is required to examine whether the debtor's situation meets the conditions requ …

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