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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 4: Court-supervised liquidation and professional recovery

    • Title 3: Realization of assets

      • Chapter 1: Sale of the business

        • Section 2: Court ruling must adopt the sale plan

          • I: Selection of bids

          • III: Enforceability of the sale plan

892. Enforceability of the sale plan

1 minute de lecture

The court ruling which must adopt the sale plan makes its provisions enforceable against all parties. As a result, a municipality can take advantage of the judgment, and has standing to bring an action against a transferee who does not respect the commitment made in the transfer plan to maintain the transferor's business on its territory . Similarly, the court ruling is enforceable against the deb …

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