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Article R228-60 of the French Commercial code

In the cases provided for by Article L. 228-50 and by Article L. 228-51, the representatives of the estate are appointed by the president of the judicial court ruling in summary proceedings. The duties of the representatives of the group appointed pursuant to the previous paragraph shall end at the first meeting of the ordinary general meeting of bondholders. The latter may appoint the same representatives.

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Article R228-61 of the French Commercial code

Any decision by the general meeting of bondholders relating to the appointment or replacement of representatives of the bondholders’ group shall be notified by the latter to the debtor company and brought to the attention of the bondholders, at the debtor company’s behest, within one month of the date of the meeting’s decision and in accordance with the procedures set out in the issue contract. Where the contract of issue…

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Article R228-63 of the French Commercial code

Where it has not been determined either by the contract of issue or by the general meeting of bondholders, the remuneration of the representatives of the masse is set by the president of the judicial court, ruling on a petition, at the request of the company or the interested representative of the masse. The amount of the remuneration allocated by the general meeting of bondholders may be reduced, at the…

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Article R228-65 of the French Commercial code

The request to convene a general meeting of bondholders, under the conditions provided for in the second paragraph of Article L. 228-58, shall be made by extrajudicial document or by registered letter with acknowledgement of receipt. It shall indicate the agenda to be submitted to the meeting. The period referred to in the third paragraph of Article L. 228-58 is two months from the date of the request to convene…

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Article R228-66 of the French Commercial code

In addition to the information provided for in article R. 225-66, the notice convening the general meeting of bondholders shall contain the following information: 1° An indication of the loan subscribed by the bondholders whose general meeting is being convened; 2° The name and domicile of the person who took the initiative to convene the meeting and the capacity in which that person is acting; 3° Where applicable, the date…

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Article R228-67 of the French Commercial code

The conditions under which notice of the general meeting of bondholders is brought to the attention of the bondholders may be set out in the contract of issue. In this case, the body responsible for convening the bondholders must be able to justify at any time that the notice has been delivered in accordance with the stipulations of the issue contract. This communication shall be made in sufficient time before…

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