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Article L228-89 of the French Commercial code

In the event of closure due to insufficient assets, the representative of the estate or the appointed court-appointed agent shall recover the exercise of the bondholders’ rights.

Original in French 🇫🇷
Article L228-89

En cas de clôture pour insuffisance d’actif, le représentant de la masse ou le mandataire de justice désigné, recouvre l’exercice des droits des obligataires.

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