French Business Law - French Legislation

Article R626-49 of the French Commercial code

November 5, 2023

For the application of III of Article L. 626-27, the administrator responsible for the execution of the plan shall send the court registrar the list of claims admitted to the plan, deducting, for each of them, the sums already collected. The Registrar shall enter this list on the statement of claims for the new proceedings. Under the same conditions, the claims entered on the list mentioned in Article R. 622-15…

Article R626-50 of the French Commercial code

November 5, 2023

When a case is referred to it pursuant to article L. 626-28, the court shall rule on the basis of a report drawn up by the commissaire à l’exécution du plan. The court’s decision is communicated to the public prosecutor. At the debtor’s initiative, decisions relating to the proceedings are struck from the registers in which they were entered.

Article R626-51 of the French Commercial code

November 5, 2023

Within two months of the completion of his assignment, the plan execution commissioner files an end-of-assignment report under the conditions of Articles R. 626-39 and R. 626-40. Article R. 626-41 is applicable.

Article R626-52 of the French Commercial code

November 5, 2023

The thresholds set pursuant to Article L. 626-29 are: 1° 250 employees and 20 million euros in net sales; or 2° 40 million euros in net sales. These thresholds are assessed on the date of the application to initiate proceedings.

Article R626-53 of the French Commercial code

November 5, 2023

Where the court has not appointed an administrator and the official receiver authorises the application of the provisions of articles L. 626-29 to L. 626-34, the official receiver shall appoint an administrator for the purpose of carrying out the duties vested in him by articles L. 626-30 to L. 626-34. .

Article R626-54 of the French Commercial code

November 5, 2023

The decision by which the juge-commissaire authorises the application of the provisions of articles L. 626-29 to L. 626-34 is a judicial administration measure. The decision by which the juge-commissaire authorises the application of the provisions of articles L. 626-29 to L. 626-34 is a judicial administration measure.

Article R626-55 of the French Commercial code

November 5, 2023

The administrator shall notify each affected party by any means that it is a member of a class and shall inform it of the arrangements allowing it to communicate by electronic means. Subject to the provisions of this section, the provisions of sub-section 5 of section 4 of Chapter IV of Title I of Book VIII shall apply. The use of these electronic communication methods constitutes consent to electronic transmission….

Article R626-56 of the French Commercial code

November 5, 2023

The debtor shall submit to the administrator without delay the list of claims and the amount of each of them, certified by its statutory auditor(s) or, where no statutory auditor has been appointed, drawn up by its chartered accountant. Where the holders of capital are affected by the draft plan, the list is supplemented by information relating to the terms of participation in the debtor’s capital, the articles of association…

Article R626-57 of the French Commercial code

November 5, 2023

For the application of the second paragraph of Article L. 626-30-1, the transfer of a claim arising prior to the opening judgment shall be brought to the attention of the administrator by registered letter with acknowledgement of receipt. .

Article R626-58 of the French Commercial code

November 5, 2023

I. – For the application of V of Article L. 626-30, the administrator shall determine the amount, calculated inclusive of all taxes, of the claims held by the members of the classes called upon to vote. I. At least twenty-one days before the date of the vote, the administrator shall notify each party affected, on the basis of V of Article L. 620-30, of the methods of class allocation and…

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Article R626-49 of the French Commercial code

Article R626-50 of the French Commercial code

Article R626-51 of the French Commercial code

Article R626-52 of the French Commercial code

Article R626-53 of the French Commercial code

Article R626-54 of the French Commercial code

Article R626-55 of the French Commercial code

Article R626-56 of the French Commercial code

Article R626-57 of the French Commercial code

Article R626-58 of the French Commercial code

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