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Article L642-20 of the French Commercial code

Asset transfers carried out pursuant to Articles L. 642-18 and L. 642-19 are subject to the prohibitions set out in the first paragraph of Article L. 642-3. However, the juge-commissaire may, at the request of the public prosecutor, derogate from this and authorise the assignment to one of the persons referred to in this text with the exception of the auditors and the debtor in respect of any of his…

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Article L642-20-1 of the French Commercial code

If the pledge or the thing legitimately retained is not withdrawn in accordance with the conditions set out in the second paragraph of Article L. 641-3, the liquidator must, within six months of the judgment of compulsory liquidation, apply to the official receiver for authorisation to proceed with the realisation. The liquidator notifies the creditor of the authorisation fifteen days before the realisation. A pledgee, even if not yet admitted,…

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Article L642-22 of the French Commercial code

I. – The liquidator may not, without the agreement of the debtor, realise assets or rights acquired under a succession opened after the opening or pronouncement of the judicial liquidation, or bring about the division of any joint ownership that may result. II. – At the request of the debtor and with the authorisation of the juge-commissaire or the court, the liquidator may realise assets or rights that make up…

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Article L642-23 of the French Commercial code

Before any sale or destruction of the debtor’s archives, the liquidator shall inform the administrative authority competent for the conservation of archives. This authority shall have a right of pre-emption. The destination of the debtor’s archives subject to professional secrecy shall be determined by the liquidator in agreement with the professional order or competent authority to which the debtor belongs.

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Article L642-24 of the French Commercial code

The liquidator may, with the authorisation of the juge-commissaire and with the debtor heard or duly summoned, compromise and settle all disputes of collective interest to the creditors, even those relating to rights and actions in immovable property. If the subject of the compromise or settlement is of indeterminate value or exceeds the final jurisdiction of the court, the compromise or settlement shall be subject to approval by the court.

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