The partners are granted the right, under the conditions and quorum provided by the articles of incorporation, to decide on the modification of the company by adopting a resolution to that effect. For example, they may decide on the dissolution of the company, which can be carried out with or without liquidation. If the partners declare that there are no outstanding claims or that an agreement has been reached with the creditors regardi...

A far-seeing creditor will try to avoid even from the outset the consequences of the insolvability of his debtor and of equality with the other co-creditors. In order to achieve this goal, the creditor will proceed to the establishment of some guarantees that will guarantee the recovery of his receivable.The prospect of their debtor’s insolvency makes some creditors even more diligent, in order to ensure themselves a favorable position in...

Ideally, I think, for every judge is that the problem of the dispute be a complicated one and with a relevant stake, so that you can hope that the parties will be represented by well-prepared and good-faith legal professionals. Why? Because, in such a case, on one hand, your research work is made easier, and on the other hand, at the end of the dispute, you have that feeling of accomplished duty, of finding the truth (not only the judicial tr...