46Lastly, as regards the requirement that the proceedings in question must be conducted under the supervision of a competent public authority, it is apparent from the national legislation that the legal representative appointed by the judgment ordering the transfer is responsible for putting in place and carrying out that supervision in the name and on behalf of the debtor. Moreover, the legal representative is to seek offers while ensuring that priority is given to maintaining all or part of the undertaking’s activity, and while having regard to the rights of creditors. Where there are several comparable offers, priority is given to the person who guarantees stability of employment by way of a social agreement.
Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.