Exercising the option | Bankruptcy Law (4.2.5.5.I.B.2°) • Livv

Introduction

Part 1: Preventing difficulties

Part 2: Safeguard

Part 3: Judicial receivership

Part 4: Court-supervised liquidation and professional recovery

Title 1: Opening of the court-supervised liquidation

Title 2: Judicial liquidation judgment

Chapter 1: Setting the date of cessation of payments

Chapter 2: Appointment of procedural bodies

Chapter 3: Inventory

Chapter 4: Divestment of the debtor

Chapter 5: Effects of the judgment

Section 1: Immediate enforceability

Section 2: Treatment of company creditors

Section 3: Provisional continuation of business

Section 4: Remuneration and subsidies

Section 5: Continuation of ongoing contracts

I: General rules

A: Scope of application

B: Implementation of the right of option

1°: Option holder

2°: Exercising the option

a): Formal notice

b): In the absence of formal notice

c): Unenforceability of legal provisions or clauses to the contrary

C: Consequences of the option

II: Rules specific to certain contracts

Section 6: Urgent, unavoidable and essential redundancies

Section 7: Reconstitution of assets

Section 8: Rights of third parties

Section 9: The sole trader's right of recovery

Section 10: Exigibility of unpaid share capital

Chapter 6: Remedies against court rulings

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

Sous parties