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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 3: Provisional continuation of business

        • Section 4: Remuneration and subsidies

        • Section 5: Continuation of ongoing contracts

          • I: General rules

            • C: Consequences of the option

              • 1°: Continuation of the contract

                • a): Unenforceability of prior non-performance

                • b): Provision of the promised service

                • c): Existence of funds required for payments

                • d): Compliance with rules applicable to the contract

                • e): Termination for non-payment by the creditor

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

        • Section 10: Exigibility of unpaid share capital

797. Termination of continued contract

1 minute de lecture

Under the terms of Article L. 641-11-1, III, 2° of the Commercial Code, in the absence of an agreement by the other party to continue contractual relations, the contract is terminated ipso jure if the debtor or the receiver fails to pay the sum of money due to it under the continued contract . When the continued contract is an insurance contract, these provisions must be combined with those of Art …

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