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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 4: Court-supervised liquidation and professional recovery

    • Title 2: Judicial liquidation judgment

      • Chapter 3: Inventory

      • Chapter 5: Effects of the judgment

        • Section 1: Immediate enforceability

        • Section 2: Treatment of company creditors

          • I: Previous creditors

            • B: Stay of individual proceedings and enforcement procedures

              • 2°: Enforcement and distribution proceedings discontinued

              • 3°: Proceedings not affected by the prohibition

                • a): Actions not seeking payment of a sum of money

                • b): Actions to establish the acquisition of a resolutory clause

                • c): Actions against natural persons who are co-obligated or guarantors

                • d): Enforcement proceedings which have already produced their effects

                • e): Action for payment of liabilities against a manager subject to proceedings

                • f): Labor court proceedings

                • g): Actions against third parties

                • h): Actions against a spouse

                • i): Actions involving undivided property

                • j): Actions relating to unseizable property

              • 4°: Resumption to determine the amount of the claim

          • III: Prohibition of commissory agreements

        • Section 3: Provisional continuation of business

        • Section 4: Remuneration and subsidies

        • Section 9: The sole trader's right of recovery

        • Section 10: Exigibility of unpaid share capital

713. Action to meet liabilities (action en comblement de passif)

1 minute de lecture

The “stay of proceedings” rule does not preclude an action against the debtor to make good any shortfall in assets. Indeed, when the court-supervised liquidation of a legal entity reveals a shortfall in assets, Article L. 651-2 of the Commercial Code allows the court, in the event of mismanagement having contributed to it, to decide that the amount of the shortfall must be borne, in whole or in pa …

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