Bankruptcy Law
Auteur : Louis Vogel
Sommaire de l’ouvrage
Introduction
Part 1: Preventing difficulties
Part 2: Safeguard
Part 3: Judicial receivership
Section 1: Conditions relating to the debtor
1°: Available assets
2°: Liabilities due
B: Burden of proof of cessation of payments
II: Manifestly impossible receivership
Section 3: Extension of the procedure
Chapter 2: Procedural requirements
Title 2: Judicial liquidation judgment
Title 3: Realization of assets
Title 4: Settlement of liabilities
Title 5: Closure of court-supervised liquidation operations
Title 6: Simplified court-supervised liquidation
Title 7: Professional recovery
Part 5: Responsibilities and penalties
634. Inability to cope
1 minute de lecture
In accordance with Article L. 640-1 of the Commercial Code, the cessation of payments is characterized by the debtor's inability to meet its current liabilities with its available assets. The balance to be struck by the court cannot consist solely of a comparison of balance sheet items, even if this reveals a negative difference between liabilities and current assets , since these concepts cannot …
