1. Within three months from publication of the draft terms of the cross-border division, creditors who show, on reasoned grounds, that the division jeopardises the satisfaction of their claims and that the company has not offered them adequate guarantees may apply to the court for adequate guarantees.
1 - No prazo de três meses a contar da publicação do projeto de cisão transfronteiriça, os credores que demonstrem, fundamentadamente, que a cisão compromete a satisfação dos seus créditos e que a sociedade não lhes ofereceu as garantias adequadas, podem requerer judicialmente a obtenção de garantias adequadas.
2. The provision of guarantees is conditional on the cross-border division taking effect.
2 - A prestação de garantias depende da produção de efeitos da cisão transfronteiriça.
3. The recipient company and, in the case of a partial cross-border division or a cross-border division by separation, the divided company are jointly and severally liable towards the company to which the liability item of the assets and liabilities is allocated for performance of the obligations, up to the net value of the asset items.
3 - A sociedade beneficiária e, em caso de cisão transfronteiriça parcial ou por separação, a sociedade cindida são solidariamente responsáveis perante a sociedade à qual é atribuído o elemento passivo do património para o cumprimento das obrigações, até ao limite do valor líquido dos elementos ativos do património.
The three-month period from publication of the draft terms, the creditor’s burden to show reasoned prejudice and lack of adequate guarantees, the condition that guarantees depend on the division taking effect and the cap on joint and several liability are retained.
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Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.