{"id":2382,"date":"2018-07-03T15:56:59","date_gmt":"2018-07-03T13:56:59","guid":{"rendered":"http:\/\/www.phenix-expertise.com\/?p=2382"},"modified":"2018-07-03T16:27:04","modified_gmt":"2018-07-03T14:27:04","slug":"procedures-collectives","status":"publish","type":"post","link":"https:\/\/www.phenix-expertise.com\/en\/procedures-collectives\/","title":{"rendered":"Collective proceedings"},"content":{"rendered":"<p style=\"text-align: center;\" data-css=\"tve-u-164604641ae\"><strong>Are you a business manager and would like to learn more about insolvency proceedings? PHENIX EXPERTISE answers your questions!<\/strong><\/p>\n<p><span class=\"tve_image_frame\" style=\"width: 100%;\"><img loading=\"lazy\" decoding=\"async\" class=\"tve_image wp-image-2383\" style=\"width: 100%;\" title=\"Everything you need to know about insolvency proceedings\" src=\"\/\/www.phenix-expertise.com\/wp-content\/uploads\/2018\/07\/questionnement.jpg\" alt=\"\" width=\"330\" height=\"329\" data-id=\"2383\" srcset=\"https:\/\/www.phenix-expertise.com\/wp-content\/uploads\/2018\/07\/questionnement.jpg 330w, https:\/\/www.phenix-expertise.com\/wp-content\/uploads\/2018\/07\/questionnement-150x150.jpg 150w, https:\/\/www.phenix-expertise.com\/wp-content\/uploads\/2018\/07\/questionnement-300x300.jpg 300w\" sizes=\"(max-width: 330px) 100vw, 330px\" \/><\/span><\/p>\n<h2>The different collective proceedings<\/h2>\n<p>First of all, there are several collective proceedings, confidential or public, freezing the liabilities or not.<\/p>\n<ol class=\"\">\n<li class=\"\"><strong>The ad hoc mandate<\/strong><\/li>\n<li class=\"\"><strong>Conciliation<\/strong><\/li>\n<li class=\"\"><strong>Backup<\/strong><\/li>\n<li class=\"\"><strong>Judicial reorganization <\/strong><\/li>\n<li class=\"\"><strong>Judicial liquidation<\/strong><\/li>\n<\/ol>\n<h2>T he ad hoc mandate<\/h2>\n<p>First, this is a procedure that remains <strong>confidential <\/strong>and relatively unconstrained. Then the <strong>ad hoc mandate<\/strong> concerns only companies which are not in a state of insolvency. And the opening of the procedure can only be done on their request. If it is accepted by the competent Commercial Court, the latter appoints a <strong>ad hoc proxy <\/strong>Which must fulfill a well-defined mission. Finally, it is limited to intervening in certain specific cases, namely:<\/p>\n<ul class=\"\">\n<li>A conflictual situation<\/li>\n<li>A negotiation<\/li>\n<li>Mediation<\/li>\n<\/ul>\n<p>The president of the Commercial Court fixes the duration of the procedure according to the object of the mission.<\/p>\n<h2>Conciliation<\/h2>\n<p style=\"text-align: left;\">The procedure of <strong>conciliation <\/strong>Is, like the ad hoc mandate, a procedure <strong>confidential<\/strong>. It concerns people carrying out a commercial or craft activity who encounter legal, economic or financial difficulties, whether proven or foreseeable, and it also assumes that the<strong>the company has not been in a state of insolvency for more than 45 days<\/strong>.<\/p>\n<p><span class=\"tve_image_frame\" style=\"width: 100%;\"><img loading=\"lazy\" decoding=\"async\" class=\"tve_image wp-image-2396\" style=\"width: 100%;\" title=\"Reconciliation illustration\" src=\"\/\/www.phenix-expertise.com\/wp-content\/uploads\/2018\/07\/concil2.jpg\" alt=\"La conciliation, proc\u00e9dure collective\" width=\"250\" height=\"200\" data-id=\"2396\" \/><\/span><\/p>\n<p>Finally, only the <strong>debtor <\/strong>concerned may request the opening of a <strong>conciliation.<\/strong> The manager sends or submits his request for the opening of <strong>conciliation <\/strong>to the President of the competent Commercial Court.<\/p>\n<h3>The role of the conciliator<\/h3>\n<p>If the request is accepted, the court appoints a <strong>conciliator<\/strong>; defines the purpose of its mission, its duration and <em>fix<\/em>e the conditions of his remuneration<em>. <\/em><strong>The conciliator will assist the manager<\/strong> to implement solutions to ensure the sustainability of the company. The maximum duration of his assignment is four months, renewable for up to one month. A new conciliation cannot be opened within the following three months.<\/p>\n<p>The conciliator&#039;s contribution enables the debtor to obtain debt rescheduling. He can also apply for new credits necessary for the pursuit of the activity. These levers make it possible to envisage a restructuring of the company. The objective of conciliation is to rectify the situation <strong>amicably.<\/strong><\/p>\n<h3>Preferred creditors<\/h3>\n<p>Indeed, the law of companies in difficulty encourages creditors to respond favorably to a request for conciliation. Indeed, if they accept it, in an approved agreement, they will have the advantage of being considered as &quot;\u00a0<em>privileged conciliation &quot;<\/em>. In the event of the subsequent opening of bankruptcy proceedings, these creditors are then paid by lien. That is to say in priority over any other claim except those concerning employees, super-privileged and legal costs which remain priority. <strong>conciliation <\/strong>fails and an agreement is impossible, the conciliator reports to the President of the Commercial Court. The latter terminates the conciliator&#039;s mission as well as the conciliation procedure. The manager is then often obliged to face a second collective procedure.<\/p>\n<h2>The safeguard procedure<\/h2>\n<p><span class=\"tve_image_frame\" style=\"width: 100%;\"><img loading=\"lazy\" decoding=\"async\" class=\"tve_image wp-image-2397\" style=\"width: 100%;\" title=\"Illustration Procedure Backup\" src=\"\/\/www.phenix-expertise.com\/wp-content\/uploads\/2018\/07\/dette-patron.png\" alt=\"Proc\u00e9dure collective - Sauvegarde\" width=\"516\" height=\"291\" data-id=\"2397\" srcset=\"https:\/\/www.phenix-expertise.com\/wp-content\/uploads\/2018\/07\/dette-patron.png 516w, https:\/\/www.phenix-expertise.com\/wp-content\/uploads\/2018\/07\/dette-patron-300x169.png 300w\" sizes=\"(max-width: 516px) 100vw, 516px\" \/><\/span><\/p>\n<p>The procedure of <strong>backup <\/strong>Concerns companies or debtors who are natural persons who <strong>are not in a state of suspension of payments <\/strong>but who face <strong>difficulties <\/strong>And that they cannot solve them. This procedure makes it possible to anticipate a possible bankruptcy (inability to meet the payable liabilities with the available assets).<\/p>\n<p>The objective of this procedure is to allow the <strong>p<\/strong><strong>continuation of activity, maintenance of employment and settlement of liabilities<\/strong>, by reorganizing the company within the framework of a plan adopted by the Court. The company concerned is therefore not for sale, unlike the receivership. The leaders remain in place and keep the management of the activity.<\/p>\n<p>Through the procedure of <strong>backup<\/strong>, society is better equipped to respond to creditors who claim payment of their debt. Indeed, it offers the means for the company to reorganize itself and therefore to ensure its sustainability, employment and subsequent payment of creditors.<\/p>\n<p>The procedure of <strong>backup<\/strong>, In a few points:<\/p>\n<ul class=\"\">\n<li>The company is not in<a href=\"http:\/\/www.phenix-expertise.com\/en\/fr\/definition-cessations-paiements\/\" target=\"_blank\" rel=\"noopener\"> <em>bankruptcy state<\/em><\/a>.<\/li>\n<li>The opening of the procedure is made at the request of the debtor only.<\/li>\n<li>The liabilities are frozen and the proceedings suspended.<\/li>\n<li>The company is not for sale but a partial session is still possible.<\/li>\n<li>The manager retains his management powers and determines his income himself.<\/li>\n<li>Economic redundancies are subject to common law<\/li>\n<\/ul>\n<h2>Judicial reorganization<\/h2>\n<p>The <strong>legal redress<\/strong> is a collective procedure which is intended for traders (natural or legal persons), craftsmen or legal persons governed by private law who find themselves in <strong><a href=\"http:\/\/www.phenix-expertise.com\/en\/fr\/definition-cessations-paiements\/\" target=\"_blank\" rel=\"noopener\">state of cessation of payments<\/a><\/strong>. That is to say that it is unable to meet its current liabilities (debts due), with its available assets (availability). It also assumes that the company is in<strong> ability to stand up <\/strong>and resolve its financial difficulties during the observation period. At the end of which, she can claim to present a <strong>recovery plan by way of continuation<\/strong> activity or by way of <strong>cession <\/strong>of all or part of the company to a third party, to enable it to <strong>settle all or part of its liabilities.<\/strong><\/p>\n<p>In addition to this, you need to know more about it.<strong>The procedure freezes the liabilities (debts \/ receivables) and stops any legal action taken by the creditors against the debtor.<\/strong><\/p>\n<p>Unlike the <strong>backup procedure<\/strong>, the procedure of<strong> legal redress<\/strong> can be opened on request:<\/p>\n<ul class=\"\">\n<li>From <strong>debtor <\/strong>no later than 45 days after cessation of payments;<\/li>\n<li>Of a <strong>creditor<\/strong>, unless a conciliation procedure is in progress:<\/li>\n<li>Or from<strong> district Attorney<\/strong> unless a conciliation procedure is in progress.<\/li>\n<\/ul>\n<p>The commercial court is competent if the debtor is a trader or craftsman and it is the tribunal de grande instance which manages the other cases.<\/p>\n<p><span class=\"tve_image_frame\" style=\"width: 100%;\"><img loading=\"lazy\" decoding=\"async\" class=\"tve_image wp-image-923\" style=\"width: 100%;\" title=\"Commercial court judge\" src=\"\/\/www.phenix-expertise.com\/wp-content\/uploads\/2017\/04\/bonhomme-justice-1-e1495532129665.jpg\" alt=\"Reprise \u00e0 la barre ? faites appel \u00e0 un expert\" width=\"187\" height=\"240\" data-id=\"923\" \/><\/span><\/p>\n<p>And in the event that the company cannot be reorganized, the court may be required to pronounce the opening of proceedings for<a href=\"http:\/\/www.phenix-expertise.com\/en\/fr\/definition-liquidation-judiciaire\/\" target=\"_blank\" rel=\"noopener\"><strong> judicial liquidation<\/strong><\/a>.<\/p>\n<h3>The observation period<\/h3>\n<p>The opening of the procedure is materialized by the opening of a <strong>observation period<\/strong> (from 6 to 18 months) during which the company continues its activity. A receiver takes charge of the management of the company, alone or with his manager.<\/p>\n<p>During the observation period, only redundancies of an urgent, indispensable and inevitable nature may be pronounced. After informing the staff representatives, the judge-commissioner must authorize the dismissals. Likewise, it fixes the number of dismissed employees and their activity.<\/p>\n<p>The observation period ends with one of the following actions:<\/p>\n<ul class=\"\">\n<li>the<strong> implementation of a recovery plan<\/strong><strong>t<\/strong>, limited to 10 years, if the business is viable. This plan provides in particular for measures to reorganize the company which should allow the settlement of its debts and the pursuit of its activity;<\/li>\n<li>the <strong>cession <\/strong>partial or total activity;<\/li>\n<li>the opening of a <strong><a href=\"http:\/\/www.phenix-expertise.com\/en\/fr\/definition-liquidation-judiciaire\/\" target=\"_blank\" rel=\"noopener\">judicial liquidation<\/a> <\/strong>if the company&#039;s situation cannot improve<\/li>\n<li>or the <strong>fencing <\/strong>of the procedure if it appears that the debtor has sufficient sums to pay off the creditors and pay the costs<\/li>\n<\/ul>\n<h2>Judicial liquidation<\/h2>\n<p><span class=\"tve_image_frame\" style=\"width: 100%;\"><img loading=\"lazy\" decoding=\"async\" class=\"tve_image wp-image-1266\" style=\"width: 100%;\" title=\"illustration_liquidation_judiciaire\" src=\"\/\/www.phenix-expertise.com\/wp-content\/uploads\/2017\/04\/illustration_liquidation_judiciaire.png\" alt=\"illustration liquidation judiciaire\" width=\"200\" height=\"200\" data-id=\"1266\" srcset=\"https:\/\/www.phenix-expertise.com\/wp-content\/uploads\/2017\/04\/illustration_liquidation_judiciaire.png 200w, https:\/\/www.phenix-expertise.com\/wp-content\/uploads\/2017\/04\/illustration_liquidation_judiciaire-150x150.png 150w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/span><\/p>\n<p>The <strong>judicial liquidation<\/strong> Is aimed at companies, craftsmen, associations, or individuals concerned who are in <a href=\"http:\/\/www.phenix-expertise.com\/en\/fr\/definition-cessations-paiements\/\" target=\"_blank\" rel=\"noopener\"><strong>insolvency status <\/strong><\/a>and whose recovery is clearly <strong>impossible<\/strong>. In addition, it puts an end to the activity of the debtor; its assets are sold to allow payment to various creditors.<\/p>\n<p>Like the <strong>legal redress<\/strong>, Several people are likely to request the opening of judicial liquidation:<\/p>\n<ul class=\"\">\n<li>One <strong>creditor<\/strong>, unless a conciliation procedure is in progress;<\/li>\n<li>The\u00a0<strong>debtor <\/strong>;<\/li>\n<li>The\u00a0<strong>district Attorney<\/strong>, unless a conciliation procedure is in progress.<\/li>\n<\/ul>\n<p>It is the Commercial Court which is competent if the debtor is a trader or craftsman; otherwise it is the tribunal de grande instance.<\/p>\n<p>From the judgment pronouncing the <strong>judicial liquidation<\/strong>, the company, association or person concerned must immediately cease its activity, unless authorized by the court. Consequently, the <strong>debtor can no longer administer<\/strong> its assets as long as the judicial liquidation is not completed.<\/p>\n<ul class=\"\">\n<li>Stopping individual prosecutions<\/li>\n<li>Stopping the course of interest<\/li>\n<li>Termination of employee employment contracts<\/li>\n<li>Settlement of creditors<\/li>\n<\/ul>\n<p data-empty=\"true\">Finally, the judgment pronouncing judicial liquidation appoints a <strong>legal representative<\/strong> to be <strong>liquidator<\/strong>.<\/p>\n<p><span class=\"tve_image_frame\" style=\"width: 100%;\"><a href=\"\/en\/fr\/contact-expert\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"tve_image wp-image-1337\" style=\"width: 100%;\" title=\"Banner Legal redress\" src=\"\/\/www.phenix-expertise.com\/wp-content\/uploads\/2017\/09\/banner_lj_rj.gif\" alt=\"Contactez un expert en redressement ou liquidation judiciaire\" width=\"728\" height=\"90\" data-id=\"1337\" \/><\/a><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>\u200bVous \u00eates dirigeant d&rsquo;entreprise et vous souhaitez mieux conna\u00eetre les proc\u00e9dures collectives ? PHENIX EXPERTISE r\u00e9pond \u00e0 vos questions ! \u200bLes diff\u00e9rentes proc\u00e9dures collectives \u200bTout d&rsquo;abord, il existe plusieurs proc\u00e9dures collectives, confidentielles ou publiques, gelant le passif ou non. Le mandat ad hoc La conciliation \u200bLa sauvegarde Le redressement judiciaire La liquidation judiciaire \u200bL\u200be mandat [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":2456,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-2382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.8 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tout savoir sur les proc\u00e9dures collecctives | Phenix Expertise<\/title>\n<meta name=\"description\" content=\"Il existe diff\u00e9rentes proc\u00e9dures collectives : mandat ad hoc, sauvegarde, redressement ou liquidation judiciaire. 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