Section 4a: Obligation to look for a buyer in the event of the planned closure of an establishment

The employer consults the social and economic committee on any takeover offer that it wishes to take up and indicates the reasons for accepting the offer, particularly with regard to the offeror’s ability to guarantee the continuity of the business and employment in the establishment. The Social and Economic Committee issues an opinion on this offer within a timeframe set in application of article L. 2323-3. When the procedure is…

Before the end of the information and consultation procedure provided for in article L. 1233-30, if no takeover offer has been received or if the employer has not wished to take up any of the offers, the employer shall call a meeting of the social and economic committee and present it with a report, which shall be sent to the administrative authority. This report indicates 1° The steps taken to…

The actions undertaken by the employer under the obligation to find a buyer are taken into account in the revitalisation agreement concluded between the company and the administrative authority pursuant to articles L. 1233-84 to L. 1233-90. Having regard to the employer’s ability to avoid redundancies or to limit the number of redundancies by selling the establishment concerned by the closure project, as attested by the reports mentioned in articles…