A parent company which, in a letter of intent, undertakes to do « what is necessary to ensure that its subsidiary respects its commitments and has sufficient cash » grants to the bank a guarantee with an obligation to achieve a fixed result.
Faced with the risk of the spread of the COVID 19 virus, temporary adjustments were made by Order n°2020-321 of 25 March 2020 to the time limits and procedures for the general assemblies of a large number of structures, in particular for civil and commercial companies.
