Details on the crisis exit procedure
Focus on decrees no. 2021-1354 and 2021-1355 of October 16, 2021. Preliminary information. Companies concerned. Opening of the procedure. Observation period...
The new reform of Book VI of the Commercial Code
Ordinance 2021-1193 of September 15, 2021, issued pursuant to the PACTE Law and reforming Book VI of the Commercial Code, pursues a threefold objective: To transpose Directive 2019/1023 of June 20, 2019, known as the "Restructuring and...
Failure to submit the list of claims to the court-appointed administrator and relief from forfeiture
When a debtor has failed to draw up the list provided for in the second paragraph of Article L. 622-6 of the Commercial Code, or when, having drawn it up, he has omitted to mention a creditor, the omitted creditor, who requests...
Surety, mortgage guarantee and annual information from the surety
When the same person acts as personal guarantor for a debtor's obligations to a credit institution and also assigns one or more assets as collateral for those same obligations, that institution...
Exclusion clauses in insurance contracts: the Court of Cassation continues to tighten the noose!
Article L113-1 of the Insurance Code, which authorizes insurers to limit their coverage by including exclusions in their contracts, requires that these exclusions be "formal and limited...".
Means of cassation against a judgment rendered on dismissal: now, cassation on cassation is valid!
The Court of Cassation, sitting in plenary session, has just overturned the judge-made rule, dating from 1971, according to which it is not possible to appeal to the Court of Cassation against a judgment or ruling rendered after referral...