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Article L721-8 of the French Commercial code

Specifically designated commercial courts hear, where the debtor is engaged in a commercial or craft activity: 1° Safeguard, receivership and compulsory liquidation proceedings referred to in Book VI, where the debtor is: a) A company with 250 or more employees and net sales of at least €20 million; b) A company with net sales of at least €40 million; c) A company that owns or controls another company, within the…

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