Scope of the article 479 of greek CC when a company is reorganised

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Unit:
Κατεύθυνση Αστικό Δίκαιο και Σύγχρονες Οικονομικές Συναλλαγές
Library of the School of Law
Deposit date:
2018-03-25
Year:
2018
Author:
Lekkas Daniil
Supervisors info:
Καλλιόπη Χριστακάκου- Φωτιάδη, Καθηγήτρια Νομικής ΕΚΠΑ
Γεώργιος Λέκκας, Αναπληρωτής Καθηγητής Νομικής ΕΚΠΑ
Κωνσταντίνος Καραγιάννης, Επίκουρος Καθηγητής Νομικής ΕΚΠΑ
Original Title:
Πεδίο εφαρμογής της διάταξης του άρθρου 479 Α.Κ στην εξυγίανση επιχειρήσεων
Languages:
Greek
Translated title:
Scope of the article 479 of greek CC when a company is reorganised
Summary:
Under the provision of the article 479 of Greek CC person who acquires a fortune or a company is responsible towards his predecessor’s creditors for paying his predecessor’s debts that derive from the fortune or the business that is conveyed to him. His obligation is limited up to the value of the fortune or business that he acquires. This provision provides the conveyer’s creditor with an additional means of personal security, as the creditor acquires a second debtor who is responsible towards him with his whole fortune, when a fortune or a business is conveyed to a third person. Provision of article 479 of CC is exempted in cases that a business is conveyed in pursuance of insolvency proceedings. Under the greek law when a company is conveyed in pursuance of an insolvency agreement, creditors’ claims are not compromised, because the latter enter into the aforementioned insolvency agreement and they always preserve the right to accept onerous terms. Consequently, exclusion from the scope of the provision of the article 470 of CC is completely justified when a business is reorganised.
Main subject category:
Law and Legislation
Other subject categories:
Civil Law
Keywords:
conveyance of companies
Index:
No
Number of index pages:
0
Contains images:
No
Number of references:
30
Number of pages:
66
File:
File access is restricted only to the intranet of UoA.

ΠΕΔΙΟ ΕΦΑΡΜΟΓΗΣ ΤΗΣ ΔΙΑΤΑΞΗΣ ΤΟΥ ΑΡΘΡΟΥ 479 Α.Κ. ΣΤΗΝ ΕΞΥΓΙΑΝΣΗ ΕΠΙΧΕΙΡΗΣΕΩΝ.pdf
815 KB
File access is restricted only to the intranet of UoA.