Abstract

Part III of the article discusses the following issues: tangible and intangible assets of an undertaking listed – as examples – in Art. 551 of the Civil Code; the notions of value and price of an undertaking and methods for their determination; the procedure for sale of an undertaking on the public market and under the bankruptcy proceedings; legal consequences of the sale of an undertaking (general or singular succession?); possibilities of challenging the undertaking sale agreement.