Where the liquidation or adjustment procedure cannot continue because of insufficient assets
the group representative or court appointed special manager shall recover the debts due to the
bondholders.
The costs incurred in representing the bondholders during the process of liquidation of assets or
judicial adjustment of the company shall be borne by the company and shall be considered as
receivership expenses.
Official translation
Spot-checked
In force from 17 April 1997
Source page 172