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Reforms to lender liability in France

journal contribution
posted on 2023-06-08, 00:33 authored by Paul Omar
Considers reforms to the French insolvency law regime introduced by Law 2005-845 of 26 July 2005 on the Preservation of Enterprises, focusing on the impact on lender liability. Discusses the background to, and key elements of, the traditional doctrine of soutien abusif (improper support). Summarises the provisions limiting liability for supplies of credit, noting exceptions in cases of fraud, deliberate interference in the management of the debtor company or guarantees which are disproportionate to the credit supplied.

History

Publication status

  • Published

Journal

International Corporate Rescue

ISSN

1572-4638

Publisher

Kluwer Law International

Issue

5

Volume

3

Page range

277-284

Pages

8.0

Department affiliated with

  • Law Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

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