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Showing 161–170 of 285 articles for “Art. 622”
In the event of safeguard proceedings, the lessor only has a lien for the last two years of rent prior to the judgment opening the proceedings. If the lease is terminated, the lessor also has a lien f…
The declaration shall state the amount of the claim due on the date of the opening judgment, with an indication of the sums due and the dates on which they fall due. It shall specify the nature and ba…
As soon as the proceedings are opened, an inventory is drawn up of the debtor's assets, which constitute the pledge of his professional creditors, as well as the guarantees that encumber him. This inv…
A creditor who is the holder of commitments jointly and severally subscribed, endorsed or guaranteed by two or more co-obligors subject to a safeguard procedure may declare his claim for the nominal v…
If the creditor holding commitments, jointly and severally subscribed by the debtor subject to safeguard proceedings and other co-obligated persons, has received an advance payment on his claim before…
I. - Notwithstanding any legal provision or any contractual clause, no indivisibility, termination or resolution of a current contract may result from the sole fact of the opening of safeguard proceed…
In the event of the sale of a property subject to a special security interest or a legal mortgage, the portion of the price corresponding to the claims secured by these security interests is paid into…
The declaration of claim interrupts the statute of limitations until the proceedings are closed; it dispenses with any formal notice and is equivalent to an act of prosecution.
At any time during the observation period, the court, at the request of the debtor may order the partial cessation of business.Under the same conditions, at the request of the debtor, the administrato…
In the event of an assignment of the lease, any clause imposing joint and several provisions on the assignor with the assignee shall be deemed unwritten.
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