Bankruptcy Law
Auteur : Louis Vogel
Sommaire de l’ouvrage
Introduction
Part 1: Preventing difficulties
Part 2: Safeguard
Part 3: Judicial receivership
Title 1: Opening of the court-supervised liquidation
Title 2: Judicial liquidation judgment
Title 3: Realization of assets
Title 4: Settlement of liabilities
Title 5: Closure of court-supervised liquidation operations
Chapter 1: Scope of application
Chapter 2: Terms and conditions of asset disposal
Chapter 3: Liability discharge procedures
Chapter 4: Duration of the procedure
Chapter 5: Remedies
Title 7: Professional recovery
Part 5: Responsibilities and penalties
956. Reason for simplified procedure
1 minute de lecture
Introduced by the Law of 26 July 2005, the simplified court-supervised liquidation procedure is designed to enable creditors to be paid quickly and the debtor to bounce back. With a maximum duration of fifteen months, the procedure was originally optional and, for the most part, governed by the common law court-supervised liquidation regime, with a few adaptations. To enhance its effectiveness, t …
