The prohibition for a director to buy back their own company at auction is a strong principle of French law, aimed at preventing the opportunistic erasure of debts. However, exceptions do exist. In this article, Ma\u00eetre Patricia Guyomarc\u2019h analyses the procedural relaxation introduced during the health crisis and recalls the foundations of Article L.642-3 of the Commercial Code.<\/p>\n
The analysis demonstrates that the 2020 order did not create a new right, but rather simplified a \u00abprocedural shortcut\u00bb to encourage business survival. Maitre Guyomarc'h points out that outside of these exceptional measures, the debtor's ability to resume their business remains possible, but is strictly governed by the prior examination of the Public Prosecutor's Office.<\/p>\n
This expert note illustrates the firm's ability to navigate complex and evolving regulations to safeguard the business. It reminds directors that a divestment plan can, under strict conditions and with robust argumentation, become a tool for the entrepreneur's own recovery, provided that job preservation and creditor payment are maintained.<\/p>","protected":false},"excerpt":{"rendered":"
L’interdiction pour un dirigeant de racheter sa propre entreprise \u00e0 la barre du tribunal est un principe fort du droit fran\u00e7ais, visant \u00e0 \u00e9viter l’effacement opportuniste des dettes. Pourtant, des exceptions existent. Dans cet article, Ma\u00eetre Patricia Guyomarc\u2019h analyse l\u2019assouplissement proc\u00e9dural introduit lors de la crise sanitaire et rappelle les fondements de l’article L.642-3 du […]<\/p>\n","protected":false},"author":1,"featured_media":2524,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":5,"footnotes":""},"categories":[18,1],"tags":[],"class_list":["post-1809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entreprise-en-difficulte","category-publications"],"acf":[],"yoast_head":"\n