Financial Restructuring and Bankruptcy Law

Article 238 — Article (238) Spouse's Recovery of its own Assets

Part Four: Common Provisions · Chapter One: Effects of Decision to Initiate the Proceedings

1. Each of the spouses may recover from the other spouse's assets its movable and immovable assets if it proves its ownership thereof, and these assets remain inclusive of the rights that the third party has legally acquired over them. 2. If the recovery application is submitted after the issuance of the decision to initiate bankruptcy proceedings, the recovery applicant may not be given what it claims without obtaining permission from the Bankruptcy Court.

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