Where a creditor has been paid a dividend in the assets of one or more joint debtors in a situation
of reorganization or assets liquidation, the latter shall not be entitled to any recourse against one
another, except where the dividends generated by the said proceedings exceed the total amount of
the principal and surcharges of the claim; in this case, the excess shall be attributed, according to
the order of commitments to those joint debtors who have other joint debtors as guarantors and,
where there is no order, the assets shall be distributed on a pro rata basis amongst them.
Section4: Super priority of wage-earners
Unofficial translation
Spot-checked
In force from 10 September 2015
Source page 67