Le 25 novembre 2020, la Cour de cassation a opéré un revirement de jurisprudence important pour la pratique des affaires, en décidant que la responsabilité pénale d’une société absorbée, de nature à donner lieu à une peine...more
To mitigate the risks faced by French financial markets during this unprecedented period of disruption caused by the COVID-19 pandemic, the French Financial Markets Authority (AMF) announced on April 15, 2020, that it will...more
French companies’ annual general shareholders’ meetings season usually begins in mid-March and ends in June. The agendas typically include approving the annual financial statements and deciding on the distribution of...more
4/9/2020
/ Board of Directors ,
Coronavirus/COVID-19 ,
Distribution Rules ,
Dividends ,
EIOPA ,
European Central Bank ,
Federal Aid ,
France ,
Publicly-Traded Companies ,
Risk Mitigation ,
Shareholder Meetings ,
Time Extensions
French courts are closed for the unknown duration of the COVID-19 lockdown. Businesses facing immediate difficulties may still file for emergency or restructuring proceedings. Filings must be made electronically and hearings...more
The COVID-19 pandemic may make complying with certain statutory or contractual deadlines materially or physically impossible. To address this situation, Ordinance No. 2020-306, passed by the French government on March 25,...more
The COVID-19 pandemic, which coincides with the annual shareholders’ meetings season, raises significant concerns regarding the ability of companies, in particular listed companies, to convene their board of directors’ and...more
A new French law titled “Transparency, the Fight Against Corruption and Modernization of the Economy,” which was published in the French Official Journal on December 10, 2016 (known as Sapin II, as it was named after the...more
12/21/2016
/ Anti-Corruption ,
Bribery ,
Code of Conduct ,
Compliance ,
Data Protection Authority ,
Deferred Prosecution Agreements ,
France ,
Remediation ,
Risk Assessment ,
Sanctions ,
Sapin II ,
Transparency ,
Whistleblower Protection Policies