Bankruptcy Law
Auteur : Louis Vogel
Sommaire de l’ouvrage
Introduction
Part 1: Preventing difficulties
Part 2: Safeguard
Title 1: Opening of the receivership procedure
Title 2: Observation period
Title 3: Drawing up the economic, social and environmental balance sheet
Title 4: Determining the debtor's assets and liabilities
Title 5: Receivership plan
Title 6: Total or partial sale plan
Title 7: Closure of the procedure
Part 4: Court-supervised liquidation and professional recovery
Part 5: Responsibilities and penalties
285. Purpose of the receivership procedure
1 minute de lecture
Under the terms of Article L. 631-1 of the Commercial Code, “[t]he purpose of the receivership procedure is to enable the company to continue its business, maintain employment and pay off its liabilities. It gives rise to a plan which must be adopted by judgment at the end of an observation period and, where appropriate, to the constitution of classes of assigned parties”. …