Frequently asked questions
Selling your business or facility under the ICPE (Installations Classées pour l'Environnement - Environmentally Classified Facilities) regime

What are the penalties for failing to inform a successor?

Violation of the obligation to provide information under contract law may be sanctioned by :

• annulment of the sale: the contract is deemed never to have been formed, with the buyer returning the goods and the seller refunding the price;

• resolution of the sale: the effects of the sale are paralyzed retroactively, which can also lead to the buyer returning the goods and the seller returning the price;

• payment of damages by the seller to the buyer.

Violation of the obligation to provide information laid down in the ICPE regulations may be punished by :

• cancellation of the sale ;

• ...