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Selective distribution: The Paris Court of Appeal decides that the business sale plan can allow the transfer of a commercial lease and a sign contracts (ITM Entreprises et IEM / Valorme)

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. Facts. A distribution company, a member of the Intermarché network, was placed in receivership, the court having adopted a plan of sale in favour of two purchasers, authorised to substitute a company to be set up between them. In accordance with the provisions of Article L. 642-7 of the French Commercial Code, the court drew up a list of the contracts included in the disposal plan, including the commercial lease entered into with the company L'Immobilière Européenne des Mousquetaires (IEM) and the sign contract linking it to the company ITM Entreprises (ITM). The assigned contractors are appealing this decision, opposing the assignment of the

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Stéphane Brena, Selective distribution: The Paris Court of Appeal decides that the business sale plan can allow the transfer of a commercial lease and a sign contracts (ITM Entreprises et IEM / Valorme) , 23 January 2020, Concurrences N° 2-2020, Art. N° 94788, www.concurrences.com

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