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Corporate Governance France

BCLP

ESG Continues to Face Courts in France

BCLP on

The CSDD Directive thus adopted goes well beyond the obligations under the French corporate law on duty of care: it widens the scope of the companies concerned and imposes heavy penalties. ...more

Morgan Lewis

The First French Court Rulings on the Duty of Vigilance

Morgan Lewis on

Since 2017, French companies of a certain size have had to draw up a vigilance plan to identify the risks associated with their business and prevent serious violations of human rights and fundamental freedoms, the health and...more

Skadden, Arps, Slate, Meagher & Flom LLP

Shareholder Activism Continues To Increase and Spread in Europe

Key Points - - The number of activist campaigns launched against European companies rose again in 2023, with a new focus on German targets. - Many activists surveyed believe that France offers them good opportunities. -...more

Latham & Watkins LLP

France Transposes Corporate Sustainability Reporting Directive Into Law

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As the first EU country to transpose the CSRD into national law, France will gradually replace the EFPD with sustainability reporting under the new directive. The Corporate Sustainability Reporting Directive (the CSRD)...more

International Lawyers Network

Establishing a Business Entity in France (Updated)

1. Types of Business Entities - • Description of the types of entities available in each jurisdiction through which to conduct business - Business may be conducted in France either through a French branch of a foreign...more

A&O Shearman

How ESG, deferred prosecution and tax enforcement shape the French corporate crime landscape

A&O Shearman on

Environmental, Social and Governance (ESG) litigation continues to be a hot topic, before both the French commercial and criminal courts. The number of French-style deferred prosecution agreements (Convention Judiciaire...more

Hogan Lovells

France to transpose CSRD first among Member States: what are the new requirements?

Hogan Lovells on

Pursuant to Article 12 of Law no. 2023-171 of 9 March 2023 containing various provisions for adapting to European Union law in the fields of the economy, health, labour, transport and agriculture, French Order no. 2023-1142...more

Hogan Lovells

Transposition de la directive CSRD en France : de nouvelles obligations RSE pour les sociétés commerciales

Hogan Lovells on

Prise en application de l'article 12 de la loi n° 2023-171 du 9 mars 2023 portant diverses dispositions d'adaptation au droit de l'Union européenne dans les domaines de l'économie, de la santé, du travail, des transports et...more

McDermott Will & Emery

Conseil d’Etat Delivers Long-Awaited Clarity on Regulation of Veterinary Clinics

McDermott Will & Emery on

In a noteworthy (and long-awaited) set of case laws issued on July 10 2023, the Conseil d’Etat delivered four rulings on the shareholding and governance rules applicable to veterinary companies (Nos. 442911 and 452448), and...more

Wilson Sonsini Goodrich & Rosati

Sustainability and ESG Advisory Practice Update, July 2023

Environmental Protection Agency (EPA) Completes the Launch of Greenhouse Gas Reduction Fund Opportunities - On July 14, 2023, the EPA announced two notice of funding opportunities for up to $20 billion. Up to $14 billion...more

Morgan Lewis

French Interim Civil Judge Dismisses Duty of Vigilance Case Brought by NGOs Against Total Energies

Morgan Lewis on

A Parisian interim judge dismissed a claim brought by several non-governmental organizations against one of the first companies—Total Energies—to be sued for alleged violation of the French duty of vigilance law....more

Morgan Lewis

The Evolution – or Revolution – of the French Company Filing Landscape

Morgan Lewis on

The French company filing landscape is undergoing a time of change. Beginning in 2023, differing company registers merged into a “one-stop shop,” a single national register. Additionally, the Court of Justice of the European...more

International Lawyers Network

Establishing a Business Entity in France (Updated)

1. Types of Business Entities - • Description of the types of entities available in each jurisdiction through which to conduct business - Business may be conducted in France either through a French branch of a foreign...more

Hogan Lovells

Exclusion clauses in French SAS in line with the Constitution

Hogan Lovells on

In a dispute relating to the exclusion procedure provided for in the articles of association of a French SAS, two useful clarifications have been made in the wake of the amendments made by Law Soilihi No. 2019-744 of July 19,...more

Hogan Lovells

Clauses statutaires d’exclusion en SAS : une procédure conforme à la Constitution

Hogan Lovells on

Dans un contentieux relatif à la procédure d’exclusion prévue par les statuts d’une SAS, deux précisions utiles sont apportées dans le sillage des modifications introduites par la loi Soilihi n° 2019-744 du 19 juillet 2019....more

Latham & Watkins LLP

Navigating Debt Repurchases in Europe: What You Need to Know - October 2022 #2

Latham & Watkins LLP on

This Client Alert examines the key issues that typically arise in connection with debt repurchase programs. It also looks at issues applicable to both bond and loan repurchases, as well as jurisdictional issues raised by the...more

Latham & Watkins LLP

French Parliament Publishes Evaluation Report on Corporate Duty of Vigilance Law

Latham & Watkins LLP on

The report, published on 24 February 2022, assesses the implementation of the existing French corporate duty of vigilance law. French Statute No. 2017-399 of 27 March 2017 (the 2017 Statute) created a duty of vigilance...more

International Lawyers Network

Establishing a Business Entity in France (Updated)

1. Types of Business Entities - • Description of the types of entities available in each jurisdiction through which to conduct business - Business may be conducted in France either through a French branch of a foreign...more

Jones Day

The Impact of French and German ESG Due Diligence Laws on Business

Jones Day on

With the recently adopted SDDA, Germany joins France in imposing human rights and environmental due diligence obligations along international supply chains of large companies. The SDDA covers companies based in Germany with...more

Orrick, Herrington & Sutcliffe LLP

La gouvernance des entreprises au cœur des évolutions vers un capitalisme « responsable »

La crise financière de 2008 a amplifié la critique d’un capitalisme dont l’excessive financiarisation nuirait au relèvement des grands défis sociaux et environnementaux de notre temps. Particulièrement sensible à ces...more

International Lawyers Network

Establishing a Business Entity in France (Updated)

1. Types of Business Entities - • Description of the types of entities available in each jurisdiction through which to conduct business - Business may be conducted in France either through a French branch of a foreign...more

Jones Day

French Financial Legal Committee Report Reflects on Climate Change Liability

Jones Day on

On July 19, 2020, the Legal High Committee for Financial Markets of Paris ("HCJP") issued a report on social and environmental responsibility of companies and their managers under French law. This report was initiated based...more

Skadden, Arps, Slate, Meagher & Flom LLP

ESG in 2020: A Half-Year Review

Interest in the environmental, social and governance (ESG) policies of companies and their impact on the wider community has continued to increase amongst institutional investors, retail shareholders and the media during the...more

Kramer Levin Naftalis & Frankel LLP

Le fonctionnement des organes sociaux en période de pandémie liée au COVID-19

La « loi du 23 mars 2020 d’urgence pour faire face à l’épidémie du covid-19 » vient compléter le régime de droit commun de l’état d’urgence en instaurant sur l’ensemble du territoire national un état d’urgence sanitaire...more

A&O Shearman

UPDATED - COVID-19 | France: Government Guarantee - Infrastructure Businesses Considerations

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Our Paris office has provided an outline of the terms of the government guarantee scheme, including eligibility criteria, sizing of individual support, pricing and maturity,...more

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