Personal guarantee and exercise of the right of litigious redemption following the assignment of the disputed principal claim

Assistance and representation of the director and sole shareholder of a cosmetics company placed into judicial liquidation, in contentious proceedings against a leading French bank and a receivables securitisation fund. Implementation of the droit de retrait litigieux mechanism under the Civil Code (Article 1699), following the bank’s assignment, during the proceedings, of the disputed principal claim to the securitisation fund as part of a bulk transfer of receivables.

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