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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

711. End of protection for natural persons who are co-obligated or guarantors

1 minute de lecture

In accordance with Article L. 622-28(2) of the Commercial Code, the decision to open the safeguard procedure suspends, until the judgment pronouncing the liquidation, any action against natural persons who are co-obligated, or who have granted a personal surety, or who have assigned or transferred an asset as security. The court may then grant them deferred or extended payment terms, up to a maxim …

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