Member States may provide that, where national law provides for appeals against decisions of the court or the competent authority relating to the authorisation or execution of the sale of the debtor’s business, or part thereof, such appeals do not have suspensive effect unless adequate measures are taken to cover any damage that might be caused by an unjustified stay of the execution of the sale, such as the requirement for a security to be provided by the appellant or the appellant being liable for such damage.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
