US EditionSeizure: Details of the Possibility for the Surety to Act Against the Underpayment on the Basis of a Notarial Loan Act
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In a judgment of 27 March 2025 (No. 22-11.482), the second civil chamber of the Court of Cassation gave an interesting clarification in the matter of enforced execution, validating the possibility for a surety having paid the creditor to exercise a seizure-attribution against the underpayment on the basis of a notarial loan act. In this case, a bank had granted a loan to a company, guaranteed by a joint and several surety, which was itself guara…
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