Appointed by the President of the Court with an ad hoc mandate whose terms depend on the type of mission conferred (i.e., assistance for general prevention measures but can also be more limited such a [..]

In Roman law, the “fallere” was the deceiver, the one who had intentionally misled a penniless debtor, even his creditors. Hence the origin of the French word ‘faillite”. [..]

The action that the owner of movable property used or in the possession of the company placed in Safeguard, Receivership or Liquidation must undertake to assert his rights. [..]

Ordinary creditor who does not benefit from any special ranking or privilege in the payment of his claims. Haut de page [..]

Insolvency proceeding without payment default close to prevention measures. Inspired by the United States’ Chapter 11. Superprivileged :

Procedure concerning a company in payment default, intended to permit the safeguarding of the business, the preservation of the activity and of employment, and the extinction of the debt. [..]