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Chapter IV: Insolvency proceedings concerning members of a group of companies established in several Member States

Article R694-2 of the French Commercial code

The court, seised by petition, shall rule on the opening of the collective coordination proceedings in chambers after having heard or given the opportunity to be heard the debtor, the insolvency practitioners concerned, the auditors and after having obtained the opinion of the public prosecutor. The judgment is provisionally enforceable by operation of law. It is notified to the debtor and the insolvency practitioners concerned, by the registrar who sends…

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Article R694-3 of the French Commercial code

The court shall hear applications made pursuant to Article L. 694-3. It rules in chambers after hearing or duly summoning the coordinator and the insolvency practitioners appointed in the proceedings included in the coordination procedure.

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Article R694-4 of the French Commercial code

The court shall rule on the application to dismiss the coordinator in chambers after having heard or given the opportunity to be heard the debtor, the coordinator, the insolvency practitioners concerned, the auditors and after having obtained the opinion of the public prosecutor.

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Article R694-6 of the French Commercial code

The application relating to the suspension of the insolvency proceedings, submitted by the coordinator pursuant to Article L. 694-4, shall be referred to the court by petition. It rules on the request in chambers after summoning the debtor, the judicial representatives, the coordinator and the supervisors and after obtaining the opinion of the public prosecutor. The judicial representative notifies the creditors by any means. The judgment is subject to the…

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Article R694-7 of the French Commercial code

For the purposes of implementing Article L. 694-8, the mandataire de justice who does not follow the recommendations of the collective coordination programme shall inform the juge-commissaire of his reasons. The official receiver shall report to the court and notify the public prosecutor. .

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