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Highlights notorious insolvency
Droit Immobilier

Highlights notorious insolvency

📅 Décision du 20 June 1996⚖️ Cour de cassation👁️ 16 vues📖 2 min de lecture

Demonstrates the notorious insolvency of the real estate partnership declared the highest bidder, the judgment which holds that this partnership, whose share capital is 50,000 francs, was formed 4 days before the sale, has had no economic activity, was unable to generate profits, does not evidence any assets, and is composed of two partners, one of whom is the seized debtor and the other the administrator of a company in compulsory liquidation.

Reference decision: Cass. • No. 94-16.466 • 20 June 1996 • Consult the decision →

This decision provides important insight into your property law. Here is what it changes for you.

The situation

Demonstrates the notorious insolvency of the real estate partnership declared the highest bidder, the judgment which holds that this partnership, whose share capital is 50,000 francs, was formed 4 days before the sale, has had no economic activity, was unable to generate profits, does not evidence any assets, and is composed of two partners, one of whom is the seized debtor and the other the administrator of a company in compulsory liquidation.

What the law says

This decision confirms the fundamental principles of property law.

Key points

  • Strictly comply with legal time limits for appeals
  • Keep all your supporting documents (titles, deeds, correspondence)
  • Anticipate: preventive advice is always cheaper than litigation

For an analysis of your situation: 30-minute consultation at €45 with Maître Zakine.

📌 Does this apply to your situation? Maître Cécile Zakine, French real estate lawyer, practises throughout France.
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Informations juridiques

  • Numéro: 94-16.466
  • Juridiction: Cour de cassation
  • Date de décision: 20 juin 1996

Mots-clés

droit immobilierjurisprudenceimmobilier
Maître Cécile Zakine

À propos de l'auteur

Maître Cécile Zakine — Avocate au Barreau des Alpes-Maritimes, Docteur en Droit. Chaque article de ce magazine est rédigé à partir de l'analyse d'une décision de jurisprudence réelle, commentée et mise en perspective par les équipes de Maître Zakine.

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