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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage

  • Introduction

  • Part 4: Court-supervised liquidation and professional recovery

    • Title 5: Closure of court-supervised liquidation operations

      • Chapter 1: Referral to the court

      • Chapter 2: End of term

      • Chapter 4: Reasonable deadline

      • Chapter 5: Effect of closing judgment

        • Section 1: End of debtor's divestiture

        • Section 2: Final adoption of individual lawsuits

          • I: Principle

          • II: Exceptions

            • A: Typology

              • 1°: Debt arising from an offense

              • 2°: Debt arising from rights attached to the person of the creditor

              • 3°: Fraud

              • 4°: Guarantors and co-guarantors

              • 5°: Prior liquidation procedure closed due to insufficient assets

              • 6°: Other exceptions

            • B: Procedural requirements

        • Section 3: End of the company

      • Chapter 7: Remedies against the closing court ruling

948. Sureties and co-guarantors

1 minute de lecture

In accordance with Article L. 643-11, II of the Commercial Code, co-guarantors and persons who have granted a personal surety or assigned or transferred an asset as security may sue the debtor if they have paid in the debtor's stead. This right is exercised irrespective of whether the payment was made before or after the opening of the insolvency procedure, and whether the remedy is subrogatory or …

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