BANKRUPTCY IN FRENCH LAW Cover Image

СТЕЧАЈ У ФРАНЦУСКОМ ПРАВУ
BANKRUPTCY IN FRENCH LAW

Author(s): Ranko Vulić
Subject(s): Law, Constitution, Jurisprudence, Constitutional Law, Civil Law, Human Rights and Humanitarian Law, Law on Economics, Administrative Law
Published by: Правни факултет Универзитета у Бањој Луци
Keywords: temporary mandate; judicial mediation; reorganization of liquid subjects; liquidation of insolvent entities; bankruptcy;

Summary/Abstract: Bankruptcy in France has been regulated by the Commercial Code since 2005, with 1000 articles of the legal and by-law part of the Code. The same rules regulate the bankruptcy of private companies, registered artisans, registered farmers and members of liberal professions. Bankruptcy has 5 stages: 1. temporary mandate; 2. mediation; 3. reorganization of a liquid entity; 4. reorganization of an insolvent entity; 5. bankruptcy. It is obvious that the state is trying to save jobs and economic activity through the intervention of courts and other state authorities.

  • Issue Year: 2016
  • Issue No: 38
  • Page Range: 249-264
  • Page Count: 15
  • Language: Serbian