Paragraph 1: Employer's obligations

An employer who has informed the social and economic committee of a plan to close a plant must look for a buyer. The employer is required to 1° Inform potential buyers, by any appropriate means, of its intention to sell the business; 2° Immediately produce a document presenting the business to potential buyers; 3° Where applicable, initiate the environmental assessment referred to in article L. 623-1 of the French Commercial…