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Article L313-16 of the French Monetary and Financial Code

In the event of the debtor company being wound up by the court as a going concern, repayment of the equity loans and payment of the remuneration provided for are suspended for the duration of the execution of the safeguard or receivership plans.

Original in French 🇫🇷
Article L313-16

En cas de procédure de sauvegarde ou de redressement judiciaire par continuation de l’entreprise débitrice, le remboursement des prêts participatifs et le paiement des rémunérations prévues sont suspendus pendant toute la durée de l’exécution des plans de sauvegarde ou de redressement judiciaire.

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