Subsection 16: Partial or total transfer of the business.

Without prejudice to the application of the first two paragraphs of Article R. 642-40, the administrator shall notify the registry of the essential characteristics of the business or branch(es) of business likely to be transferred pursuant to Article L. 631-22. It shall set the deadline by which bids may be submitted to it pursuant to Article L. 631-13. Any interested party may inspect this information at the court registry. The…

The articles R. 642-1 to R. 642-21, excluding the first paragraph of article R. 642-10, are applicable to the assignment referred to in l’article L. 631-22. The mandataire judiciaire performs the duties devolved to the liquidator by articles R. 642-8, R. 642-18, R. 642-20 and R. 642-21.

Where the sale of all or part of the business has been ordered by the court pursuant to article L. 631-22, the mandataire judiciaire shall receive the sale price notwithstanding the execution of the deeds by the administrator. Where the debtor benefits from a reorganisation plan, the mandataire judiciaire remits the price to the commissaire à l’exécution du plan. Where the debtor is subject to compulsory liquidation, the mandataire judiciaire…