Chapter VI: Safeguard plan.

The provisions of this section are applicable to companies which reach thresholds set by decree in the Conseil d’Etat. They also apply to companies which own or control another company, within the meaning of Articles L. 233-1 and L. 233-3, provided that all the companies concerned reach thresholds set by decree in the Conseil d’Etat. The thresholds provided for in the two preceding paragraphs are defined by reference either to…

I.-Affected parties are: 1° Creditors whose rights are directly affected by the draft plan; 2° The members of the extraordinary general meeting or the shareholders’ meeting, the special meetings referred to in articles L. 225-99 and L. 228-35-6 and the general meetings of the masses referred to in article L. 228-103, if their shareholding in the debtor’s capital, the articles of association or their rights are modified by the draft…

The right of an affected party to vote in a class constitutes an accessory to the claim arising prior to the judgment opening the proceedings and is transferred ipso jure to its successive holders notwithstanding any clause to the contrary. The holder of the transferred claim shall only be informed of the debtor’s proposals and allowed to cast a vote from the day on which the administrator is informed of…

Where the draft plan has been adopted by each of the classes in accordance with the provisions of Article L. 626-30-2, the court shall rule on it in accordance with the procedures set out in Section 2 of this chapter and shall verify that the following conditions are met: 1° The plan has been adopted in accordance with article L. 626-30; > 2° The affected parties, sharing a sufficient community…