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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 4: Court-supervised liquidation and professional recovery

    • Title 4: Settlement of liabilities

      • Chapter 1: Forfeiture of term

      • Chapter 2: Assumption of the right of individual pursuit by secured creditors

      • Chapter 3: Provisional payments

931. Forfeiture of term

1 minute de lecture

In line with the liquidation logic of the procedure, Article L. 643-1(1) of the Commercial Code stipulates that the court ruling opening or declaring a court-supervised liquidation renders due and payable all unpaid claims secured by the assets seized under the procedure. Where the court authorizes the continuation of the business on the grounds that it is possible to sell all or part of it, unpai …

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