business difficulties
LexInter | April 4, 2002 | 0 Comments

BUSINESS DIFFICULTIES

NEWS
BUSINESS DIFFICULTIES
PROVISIONS APPLICABLE UNTIL JANUARY 1, 2006

 

PROVISIONS AFTER JANUARY 1, 2006 BOOK VI ON BUSINESS DIFFICULTIES

BOOK VI ON BUSINESS DIFFICULTIES 2011 VERSION

AMICABLE SETTLEMENT 
Prevention and amicable settlement of companies

Chapter I
The Chartered prevention groups and settlement (Articles L611-1 to L611-6)

Chapter II
Provisions applicable to legal persons for non-commercial private law of economic activity (Articles L612-1 to L612-5)  

 

 

JUDICIAL SETTLEMENT 
 

Reorganization and judicial liquidation of companies (Articles L620-1 to L620-2)

Chapter I
Of judicial reorganization

Section 1
Of the observation period

Sub-section 1
The opening of the procedure (Articles L621-1 to L621-15)

Sub-section 2
Of the company during the observation period (Articles L621-16 to L621-53)

Sub-section 3
The preparation of the economic and social report  and the draft recovery plan of the company (Articles L621-54 to L621-61)

Section 2 The
business continuation or sale plan

Sub-section 1
Of the judgment stopping plan L621-62 to L621-69)

Sub-section 2
Continuation of the business (Articles L621-70 to L621-82)

Sub-section 3   Transfer
of the company (Articles L621-83 to L621-101)

Section 3
Of the company’s assets

Sub-section 1
Verification and admission of claims (Articles L621-102 to L621-106)

Sub-section 2
The invalidity of certain acts (Articles L621-107 to L621-110)

Sub-section 3
Spouse rights   (Articles L621-111 to L621-114)

Sub-section 4
Rights of the seller of furniture and claims (Articles L621-115 to L621-124)

Section 4
Settlement of claims resulting from the employment contract

Sub-section 1
Of the verification of debts (Articles L621-125 to L621-129)

Sub-section 2
Employee privilege (Articles L621-130 to L621-131)

Sub-section 3
Guarantee of payment of debts resulting from the vail employment contract (Article L621-132)

Section 5
Simplified procedure applicable to certain companies (Articles L621-133 to L621-134)

Sub-section 1
Of the opening judgment and the observation period (Articles L621-135 to L621-138)

Sub-section 2
Development of the company’s recovery plan (Articles L621-139 to L621-142)

Sub-section 3
Execution of the company’s recovery plan (Article L621-143)

Chapter II
Judicial liquidation

Section 1
Judgment of judicial liquidation

Sub-section 1
Judicial liquidation opened without an observation period (Articles L622-1 to L622-4)

Sub-section 2
Judicial liquidation pronounced during the observation period (Article L622-5)

Sub-section 3
Common provisions (Articles L622-6 to L622-15)

Section 2
Realization of the asset (Articles L622-16 to L622-21)

Section 3
Clearance of liabilities

Sub-section 1
Settlement of creditors (Articles L622-22 to L622-29)

Sub-section 2
Closing of judicial liquidation operations (Articles L622-30 to L622-34)

Chapter III
Legal remedies (Articles L623-1 to L623-10)

Chapter IV
Special provisions for legal persons and their managers (Articles L624-1 to L624-7)

Chapter V
Personal bankruptcy and other prohibition measures (Articles L625-1 to L625-10)

Chapter VI
Bankruptcy and other offenses

Section 1
Bankruptcy (Articles L626-1 to L626-7)

Section 2
Other offenses (Articles L626-8 to L626-14)

Section 3
Rules of procedure (Articles L626-15 to L626-19)

Chapter VII
Common provisions (Articles L627-1 to L627-5)

Chapter VIII
Provisions applicable to the departments of Haut-Rhin, Bas-Rhin and Moselle (Articles L628-1 to L628-3)

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