We have seen previously that should the general partner (GP) of a special limited partnership (SLP - société en commandite spéciale) be unable to perform his functions, a provisional administrator (administrateur provisoire) shall be appointed (cf. The General Partner's Inability to Perform His Functions, #341-330*, April 26, 2021, Bertrand Mariaux).
Some questions come to mind: firstly, how is the provisional administrator (administrateur provisoire) appointed? Secondly, what is the liability of the provisional administrator (administrateur provisoire)? Lastly, it is also important to say a few words on any possible objection to the appointment.
I - The Appointment of a Provisional Administrator Replacing the GP
The appointment of a provisional administrator is made at the request of any interested party:
addressed to the President of the Chamber of the District Court (Tribunal d'arrondissement) sitting in commercial matters;
who may appoint a provisional administrator,
whether or not he is a partner,
who alone shall perform urgent and simple administrative acts until the partners decide.
II - Liability of the Provisional Administrator
The provisional administrator shall only be responsible for the execution of his mandate.
III - Opposition to the Court's Order
Any interested party may oppose this court order. This objection shall be served on (cumulatively):
the partnership;
the appointee; and
the person who requested the appointment.
The opposition shall be heard as a summary proceeding (en référé).
References : Article 320-8 of the Law of 10 August 1915 on commercial companies as amended; The General Partner's Inability to Perform His Functions, #341-330*, April 26, 2021, Bertrand Mariaux.
*Podcast #342
*YouTube Video 331*
Bertrand Mariaux, Avocat à la Cour, LL.M. (hons.)
Prestation de serment (Swearing-in oath): Luxembourg (2011), Certificat d’Aptitude à la Profession d’Avocat, École de Formation professionnelle des Barreaux de la Cour d’appel de Paris (2009), Bond University (LL.M. (distinct.), International Legal Practice, 2010), Université Sorbonne Paris Nord & University of Limerick (Master in European & International Law - major in economics, 2008), certified Expert in Microfinance (Frankfurt School of Finance & Management, 2015), social entrepreneurship (University of Oxford, 2015 & The Wharton School of Social Policy & Practice, 2014) and social & solidarity economy (International Labour Organization Academy - Social & Solidarity Economy, Organisation Internationale du Travail - Économie Sociale et Solidaire, 2017)
Contributor: Cédric Buisine, Avocat