Proposition de loi ratifiant, modifiant et complétant l'ordonnance n° 2021-1193 du 15 septembre 2021 portant modification du livre VI du code de commerce
This is a French private member's bill, tabled in the National Assembly, that would ratify, amend and complete Ordinance No. 2021-1193 of 15 September 2021. The ordinance reworked Book VI of the French Commercial Code, which sets out the rules for companies in financial difficulty, including insolvency and restructuring proceedings. Ratifying an ordinance gives it full legal force as ordinary law, and the bill would also make further changes to it. This summary is based on the title and metadata only, not the full text. The bill would mainly affect businesses in financial difficulty, their creditors, and the courts and practitioners who handle insolvency cases in France. The exact changes depend on the full text, which should be consulted for details.