Article L236-18 of the French Commercial code
November 7, 2023
A company may transfer its assets and liabilities to several existing companies or to several new companies by way of a demerger. This option is open to companies in liquidation provided that the distribution of their assets between the partners has not been the subject of a start on execution. The shareholders of companies that transfer their assets in this way receive shares in the beneficiary companies and, where applicable,…
