Article L323-8 of the French Insurance Code
November 8, 2023
The reorganisation measures referred to in this section are measures taken, in France or in any Member State, by an administrative or judicial authority, intended to preserve or restore the financial situation of an insurance undertaking and which affect the pre-existing rights of parties other than the insurance undertaking itself. When such measures are taken in France, they are, where they affect such rights : 1° The measures referred to…
