Chapter X: Information for employees in the event of the sale of their company

The transfer is again subject to articles L. 23-10-7 to L. 23-10-9when it occurs more than two years after the expiry of the period provided for in article L. 23-10-7. If during this two-year period the works council is consulted, pursuant to article L. 2323-33 of the French Labour Code, on a proposed transfer of the items covered by the notification provided for in Article L. 23-10-7, the two-year period…

This section shall not apply: 1° In the event of the sale of the shareholding to a spouse, ascendant or descendant; 2° To companies that are the subject of conciliation, safeguard, receivership or liquidation proceedings governed by Book VI; 3° If, during the twelve months preceding the sale, the sale has already been the subject of information pursuant to article 18 de la loi n° 2014-856 du 31 juillet 2014…