French Business Law - French Legislation

Article L662-5 of the French Commercial code

November 7, 2023

Funds held by trustees under receivership or liquidation proceedings governed by the loi n° 67-563 du 13 juillet 1967 sur le règlement judiciaire, la liquidation des biens, la faillite personnelle et les banqueroutes sont immédiatement versés en compte de dépôt à la Caisse des dépôts et consignations. In the event of delay, the trustee shall owe interest at a rate equal to the legal interest rate plus five points on…

Article L662-6 of the French Commercial code

November 7, 2023

At the end of each six-month period, the clerk’s office of the commercial court and the clerk’s office of the judicial court draw up a list of the court-appointed receivers and agents and other persons to whom a mandate relating to the procedures governed by this book has been entrusted by the said court, during that period. They shall include, for each of the persons concerned, all the cases assigned…

Article L662-7 of the French Commercial code

November 7, 2023

On pain of nullity of the judgment, the following may not sit on the judgment panels or take part in the deliberation of the proceedings: 1° The president of the court, if he has heard the debtor pursuant to the provisions of Title I of this book; 2° The judge appointed to gather all information on the financial, economic and social situation of the company, for the proceedings in which…

Article L662-8 of the French Commercial code

November 7, 2023

The court has jurisdiction to hear any proceedings concerning a company that owns or controls, within the meaning of articles L. 233-1 and L. 233-3, a company for which proceedings are pending before it. It also has jurisdiction to hear any proceedings concerning a company that is owned or controlled, within the meaning of Articles L. 233-1 and L. 233-3, by a company for which proceedings are pending before it….

Article L663-1 of the French Commercial code

November 7, 2023

I.-Where the debtor’s available funds are not immediately sufficient, the Public Treasury shall, by reasoned order of the official receiver, advance the fees, taxes, charges or emoluments levied by the court registries, the fees of lawyers insofar as they are regulated, the costs of service and publicity and the remuneration of technicians appointed by the court with the agreement of the public prosecutor, relating to: 1° Decisions that intervene during…

Article L663-1-1 of the French Commercial code

November 7, 2023

Where precautionary measures ordered pursuant to articles L. 621-2, L. 631-10-1 and L. 651-4 relate to assets whose conservation or holding generates costs or which are likely to deteriorate, the official receiver may authorise the administrator, if appointed, the mandataire judiciaire or the liquidator to sell them, at the price and under the conditions that he determines. The sums arising from this transfer shall be immediately paid into a deposit…

Article L663-2 of the French Commercial code

November 7, 2023

The terms of remuneration of court-appointed administrators, court-appointed agents, plan execution commissioners and liquidators are set in accordance with Title IV bis of Book IV. This remuneration is exclusive of any other remuneration or reimbursement of expenses in respect of the same proceedings or in respect of a subsequent assignment that is merely an extension thereof, with the exception of a court order granted under the third paragraph of Article…

Article L663-3 of the French Commercial code

November 7, 2023

Where the proceeds from the realisation of the company’s assets do not enable the liquidator or the mandataire judiciaire to obtain, by way of the remuneration due to him pursuant to the provisions of Article L. 444-2, a sum at least equal to a threshold set by decree in the Conseil d’Etat, the case is declared impecunious by decision of the court, on the proposal of the official receiver and…

Article L663-3-1 of the French Commercial code

November 7, 2023

The remuneration of the agent appointed to assist the judge appointed pursuant to Article L. 645-4 is deducted from the sums allocated to the fund mentioned in Article L. 663-3. The conditions for the application of this article shall be set by decree in the Conseil d’Etat. The conditions for the application of this article shall be set by decree in the Conseil d’Etat.

Article L663-4 of the French Commercial code

November 7, 2023

The official receiver is entitled, out of the debtor’s assets, to reimbursement of his travel expenses.

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French Commercial code

Article L662-5 of the French Commercial code

Article L662-6 of the French Commercial code

Article L662-7 of the French Commercial code

Article L662-8 of the French Commercial code

Article L663-1 of the French Commercial code

Article L663-1-1 of the French Commercial code

Article L663-2 of the French Commercial code

Article L663-3 of the French Commercial code

Article L663-3-1 of the French Commercial code

Article L663-4 of the French Commercial code

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French Commercial code

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Contact a French Business Lawyer

Do you need French-law advice? Contact our Lawyers in France.

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We Solve Legal & Tax Issues in France

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