What is DESSAISISSEMENT?

In French law. When a person is declared bankrupt, he isImmediately deprived of the enjoyment and administration of all his property; this deprivation,which extends to all his rights, is called “dessaisissement.” Arg. Fr. Merc. Law, 556.

More On This Topic



Link to This Definition
Did you find this definition of DESSAISISSEMENT helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary