| Summary: | Summary of the judgment of the Cour des poursuites et faillites of June 3, 2020
U.________, a debtor from [...], filed a complaint with the Cour des poursuites et faillites against the decision of the President of the Tribunal cantonal of April 21, 2020, with which she had opened bankruptcy proceedings.
The Cour des poursuites et faillites dismissed the complaint.
She found that the president of the Tribunal cantonal had rightly ordered the opening of the bankruptcy proceedings.
The debtor was over-indebted and had no longer been able to meet her payment obligations.
Therefore, the opening of bankruptcy proceedings was necessary to protect creditors.
The Cour des poursuites et faillites has dismissed a debtor's complaint against the opening of bankruptcy proceedings.
The debtor was over-indebted and could no longer fulfill her payment obligations.
Therefore, the opening of bankruptcy proceedings was necessary to protect creditors.
The Cour des poursuites et faillites has confirmed the decision of the President of the Tribunal cantonal.
More details:
The debtor had operated a company in the field of IT services.
She had made heavy losses in recent years and could no longer pay off her debts.
The president of the Tribunal cantonal had therefore opened bankruptcy proceedings.
The debtor filed a complaint against this decision with the Cour des poursuites et faillites.
The Cour des poursuites et faillites dismissed the appeal and upheld the decision of the president of the Tribunal cantonal. |