{"id":6042,"date":"2008-06-01T16:17:23","date_gmt":"2008-06-01T16:17:23","guid":{"rendered":"https:\/\/gregorydamy.niceavocats.fr\/?p=6042"},"modified":"2023-08-28T08:17:12","modified_gmt":"2023-08-28T08:17:12","slug":"suretyship-and-universal-transfer-of-assets","status":"publish","type":"post","link":"https:\/\/gregorydamy.niceavocats.fr\/en\/suretyship-and-universal-transfer-of-assets\/","title":{"rendered":"Suretyship and universal transfer of assets"},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.19.5″ custom_margin=”||0px||false|false” custom_padding=”||0px||false|false” locked=”off” global_colors_info=”{}”][et_pb_row column_structure=”1_3,1_3,1_3″ _builder_version=”4.19.5″ _module_preset=”default” background_enable_mask_style=”on” background_mask_style=”wave” background_mask_color=”rgba(0,0,0,0.08)” custom_padding=”||6px|||” locked=”off” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.19.5″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.19.5″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.19.5″ _module_preset=”default” global_colors_info=”{}”][et_pb_circle_counter title=”Estimated reading time (in minutes)” number=”2″ percent_sign=”off” _builder_version=”4.20.2″ _module_preset=”default” title_font=”Amiri||||||||” max_width=”137px” global_colors_info=”{}”][\/et_pb_circle_counter][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.19.5″ _module_preset=”default” custom_margin=”||0px||false|false” custom_padding=”||0px||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.19.5″ _module_preset=”default” global_colors_info=”{}”][et_pb_divider _builder_version=”4.19.5″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_image _builder_version=”4.21.0″ _module_preset=”default” title_text=”155861-OV6ZOW-512″ src=”https:\/\/gregorydamy.niceavocats.fr\/wp-content\/uploads\/2008\/06\/155861-OV6ZOW-512.jpg” hover_enabled=”0″ sticky_enabled=”0″][\/et_pb_image][et_pb_text admin_label=”Text” _builder_version=”4.21.0″ text_font=”Amiri||||||||” header_2_font=”Amiri||||||||” header_3_font=”Amiri||||||||” background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

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As in the case of the death of a natural person, the merger of two legal persons entails, with the disappearance of the company, a universal transfer of assets to the benefit of the absorbing company or the new company resulting from the merger.<\/span><\/p>\n

However, the Court of Cassation has placed restrictions on this principle of universal transmission in the area of \u200b\u200bsuretyship.\u00a0The disappearance by merger of the creditor, principal debtor or guarantor company puts an end to the obligation of coverage on the effective date of the merger.\u00a0Jurisprudence certainly protective of sureties but not free from defects as Gr\u00e9gory Damy explains to us.<\/span><\/p>\n

 <\/p>\n


Download the article published in \u201cDroit&Patrimoine\u201d in pdf format<\/span><\/a>\u00a0\u00a0Ma\u00eetre Gr\u00e9gory DAMY, lawyer at the bar of Nice.\u00a0Civil right<\/span><\/p>\n<\/div>\n

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As in the case of the death of a natural person, the merger of two legal persons entails, with the disappearance of the company, a universal transfer of assets to the benefit of the absorbing company or the new company resulting from the merger. 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