Question juridique clé
Whether the 4 September 2007 agreement novated the original claims and extinguished the basis for bankruptcy
Solution extraite
The agreement was only a payment arrangement; novation was not proven and the original claims remained enforceable.
Motifs extraits
Novation is not presumed under Art. 116 CO and requires a clear, non-equivoocal intention to extinguish the old debt. The settlement allowed immediate bankruptcy upon default and did not show that the parties intended to replace the original debts.