US EditionUnseizability of the Principal Residence of the Contractor in the Context of a Judicial Liquidation Procedure. By Houssam Hassani, Legal.
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It is clear from the provisions of articles L526-1 and L641-9 of the Commercial Code that the irrevocable immovable property belonging to a debtor in liquidation in court does not form part of the common pledge of its creditors, and the liquidator is not invested by the effect of the judgment of opening the power to perform the acts of disposition and administration on that property, so that being without standing to act in redress of the disord…
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