Article 776 — Sale of Assets

1/ Subject to the special provisions of this Chapter, the trustee in bankruptcy shall sell the debtor's movable and immovable property in accordance with the provisions of the Civil Procedure Code; The proceeds of the sale shall be deposited in accordance with Article 720 Sub-Article (1) (e) of this Code. The trustee in bankruptcy shall submit forthwith receipt of deposit to the supervisory judge. 2/ The trustee in bankruptcy may enter into an agreement regarding any rights of the debtor as provided in Article 746 of this Code. 3/ The sale of assets shall occur free and clear of all liens, encumbrances, charges, and liabilities, whether actual, contingent or otherwise, including, and in particular, environmental charges and liabilities.