BOOK VI: Company difficulties.

I. – For the purposes of V of Article L. 626-30 and Article L. 626-30-2, the holders of capital shall be allocated to one or more classes of affected parties and convened in accordance with the provisions of Book II, subject to the provisions of this Article. I. II. – The period between the date either of the insertion or of the last of the insertions containing a notice of…

The thresholds set pursuant to a of 5° of Article L. 626-32 are: 1° 250 employees and 20 million euros in net sales; or 2° 40 million euros in net sales. These thresholds are assessed on the date of the application to initiate proceedings.

I. – At the latest within ten days of the vote of the classes on the draft plan, the affected party, who voted against the draft plan and who intends to contest compliance with the condition provided for in 4° of Article L. 626-31 or the fifth or tenth paragraph of Article L. 626-32, shall refer the matter to the court by petition filed with the clerk’s office against receipt….

The draft plan provided for in Article L. 626-30-2 must include at least the following information: 1° The identity of the debtor; 2° The debtor’s assets and liabilities at the time the restructuring plan is submitted, including the net book value of the assets, a description of the debtor’s economic situation and the situation of its employees, and a description of the causes and extent of the debtor’s difficulties; 3°…