TITLE IV: The business.

In the event of a transfer of the business, the registered claims become due ipso jure if the owner of the business has not notified the registered creditors, at least fifteen days in advance, of his intention to transfer the business and of the new registered office he intends to give it. Within fifteen days of the notice to be served on him or within fifteen days of the day…

A landlord seeking to terminate the lease of the building in which a registered business is operated must notify the previously registered creditors of his request, at the address declared by them in their registrations. The judgment may not be rendered until one month has elapsed since the notification. The amicable termination of the lease does not become final until one month has elapsed since the notification made to the…

I.-A creditor who initiates an attachment-sale procedure or the debtor against whom it is initiated may request, before the commercial court within whose jurisdiction the business is operated, the sale of the distrainee’s business together with the equipment and goods belonging to it. II.-When proceedings are initiated by the creditor, the latter definitively waives the benefit of the attachment-sale procedure. II – When proceedings are initiated by the creditor, the…

The court appoints, if necessary, a provisional administrator of the business, sets the upset prices, determines the main conditions of the sale, and appoints the public officer who draws up the specifications to carry out the sale. Extraordinary publicity, where useful, is regulated by the judgment or, failing this, by order of the president of the commercial court made on application. The latter may, by the decision rendered, authorise the…