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France New Rules

Latham & Watkins LLP

French Supreme Court Extends Transfer of Criminal Liability During Merger by Absorption to All Company Types

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The criminal liability of the absorbed company is transferred to the absorbing company, regardless of the corporate form of the company involved in the merger by absorption. In a ruling handed down on May 22, 2024, 1 the...more

Skadden, Arps, Slate, Meagher & Flom LLP

France Strengthens Foreign Investment Controls, Expands Jurisdiction to ‘Commercial Establishments’ Registered in France |...

On 28 December 2023, the French government adopted decree number 2023-1293 (Decree), together with an administrative order of the same date (Order), that expanded the scope of covered investments and covered activities under...more

Hogan Lovells

New frame, new rules and new regulating body for French broadcasting and media regulation

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Another milestone was reached in the context of reforming the media and broadcasting industry legal framework upon publication of Law no. 2021-1382 of 25 October 2021 relating to regulation and protection of access to...more

Hogan Lovells

Duty of Vigilance: the French Parliament confers jurisdiction on the Paris Civil Court only

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The French Senate recently amended the bill for building confidence in the justice system, to provide for the jurisdiction of the Paris Commercial Court with respect to matters related to the duty of vigilance. The amendment...more

Hogan Lovells

Update on amendments to the French duty of vigilance Law

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On 20 July 2021, the French Parliament adopted the Climate and Resilience Bill which was the occasion for some debates about potential amendments to the Duty of Vigilance Law, in particular as regards the scope and sanctions...more

Jones Day

French Investment Firms Permitted to Carry Out More Nonfinancial Activities

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An order was published on December 23, 2020, amending the order of September 5, 2007, relating to the nonfinancial activities that French investment firms may conduct. As a matter of principle, and similarly to credit...more

Skadden, Arps, Slate, Meagher & Flom LLP

Employment Flash - October 2020

This edition of Employment Flash summarizes key employment law issues, including the Department of Labor's proposal for determining independent contractor status, revised DOL regulations that clarify who qualifies for...more

Dechert LLP

AMF Doctrine Alert: Changes to the doctrine

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The Autorité des Marchés Financiers (AMF) on 11 March 2020 published a doctrine (Position/Recommendation DOC-2020-03) imposing obligations on asset managers with the aim of ensuring that information they provide to investors...more

Dechert LLP

ESG Snapshot: UPDATE: New requirements for marketing UCITS and retail-AIFs in France

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In our OnPoint dated 20 May 2020, we explained the new requirements that the French regulator (Autorité des Marchés Financiers (“AMF”)) has imposed on asset managers with the aim of ensuring that information they provide to...more

Jones Day

French Foreign Direct Investment Rules Set for Overhaul

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The Situation: The French government issued on December 31, 2019, new rules substantially revising the French Foreign Direct Investments ("FDI") regulation. These new provisions mostly implement the recent PACTE law and the...more

White & Case LLP

New expansion and clarification of Foreign Direct Investments control regime in France

White & Case LLP on

Further to the Decree of 29 November 2018, which expanded the list of strategic sectors, and to the so-called « PACTE » law of 22 May 2019, which strengthened the enforcement powers of French authorities with respect to the...more

Hogan Lovells

The French Data Protection Authority Gets Ahead of the Game With New Rules on Cookie Consent Before the ePrivacy Regulation...

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The French Data Protection Authority (the CNIL) has made targeted online advertising a priority topic in its 2019-2020 agenda and has changed its position on cookie consent. Although the ePrivacy Regulation is still being...more

White & Case LLP

PACTE Act: delegations regarding mergers and other restructuring operations

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Presented as a flagship measure of economic reform, the law on growth and business transformation, known as the PACTE Act, came into force on May 24, 2019. Among the changes in the corporate/M&A practice, article 102 of the...more

Jones Day

Blockchain Trading for Nonlisted Securities: The New French Regime Is Achieved

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The Situation: In 2017, French authorities amended laws to permit the use of blockchain, or distributed ledger technology ("DLT"), for trading nonlisted securities. The Result: The regulation governing the use of DLTs and...more

White & Case LLP

Publication of the Decree on the Protection of Trade Secrets in France

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Following the promulgation of Law n°2018-670 on the Protection of Trade Secrets on 30 July 2008 transposing the provisions of Directive (EU) 2016/493 of the European Parliament and of the Council of 8 June 2016 on the...more

Fisher Phillips

Large Employers in France Already Enjoying Benefits of Labor Reforms

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In late September, my colleague, Brian Ellixson, published a post concerning the start of a power swing, from France’s historically employee-friendly labor regime to a somewhat more employer-friendly system. Indeed, although...more

BCLP

CNIL Decision on Whistleblower Hotlines

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France's data protection authority, the CNIL – the Commission Nationale de l’Informatique et des Libertés -- recently published a decision (n° 2017-191) setting out new guidelines with respect to whistleblower hotlines. The...more

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