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31 May 2021

Principle of equality and arbitrators’ duty to disclose: New developments by the International Commercial Chamber of the Paris Court of Appeals

2021 is already shaping up to be a year of new developments on such exciting topics as the principle of equality of the parties in the constitution of the arbitral tribunal and the arbitrators’ duty to disclose.

Indeed, in five rulings handed down between the end of December 2020 and mid-February 2021, the Paris Court of Appeals has ruled on the arbitrator’s duty to disclosure, either by reiterating conventional solutions or by adopting, in the case of the International Commercial Chamber of the Paris Court of Appeals, a more innovative approach.

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26 May 2021

Public access to information entered in the register of beneficial owners

Since April 2021, some information relating to the beneficial owner(s) of unlisted companies and legal entities incorporated in France is now freely accessible via the website “DATA INPI” managed by the Institut National de la Propriété Industrielle (French National Institute of Industrial Property).

This information includes: The identity, month and year of birth, country of residence and nationality of the beneficial owners, as well as the nature and extent of the beneficial interests they hold in the relevant company or legal entity.

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29 April 2021

Infographic on the key figures of the audit activities of the French Anticorruption Agency published in its 2020 annual report

The French Anticorruption Agency (Agence Française Anticorruption, hereinafter “AFA”) published its 2020 annual report in March 2021.

This provides the opportunity to review the key figures of its audit activities in one infographic, four years after its creation by the Law of December 9, 2016 on transparency, fight against corruption and modernization of economic life, known as the “Sapin II” Law.

While these figures help us identify a trend concerning the types of audits carried out and the entities concerned, the AFA could in the future extend these audits by deciding to subject more companies to the compliance scheme, as it seems to envisage in its latest guidelines.

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16 April 2021

CSR: The subcontractor’s failure to comply with the client’s code of ethics justifies the immediate termination of the business relationships with the supplier

Almost ten years after the Rana Plaza scandal and while many voices are being raised about human rights violations in the textile industry, the Paris Court of Appeals has recently issued a particularly interesting ruling combining corporate social responsibility and sudden termination of established business relationships.

Specifically, on March 24, 2021, it held that if a supplier fails to ensure that its subcontractors comply with its client’s code of ethics, the immediate termination of the business relationships cannot be considered as sudden within the meaning of Article L. 442-6 I §5 of the French Commercial Code.

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15 April 2021

French Administrative Supreme Court rejects the suspension of the platform established in partnership between the French State and Doctolib and hosted by Amazon

In an order dated March 12, 2021, the Conseil d’Etat (French Administrative Supreme Court) refused to suspend the partnership between the French State and Doctolib in the context of the COVID-19 vaccination campaign.

The plaintiffs had requested this suspension in summary proceedings, arguing that the safeguards provided by Amazon Web Services for data hosting were insufficient.

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26 March 2021

COVID-19: New extension of the rules governing meetings and deliberations of shareholders and governing bodies

Ordinance No. 2020-321 of March 25, 2020 adopted in furtherance of Law No. 2020-290 of March 23, 2020 has adapted the rules governing the holding and deliberations of meetings of shareholders and meetings of governing bodies of private law businesses and entities without legal personality to deal with the Covid19 pandemic.

Decree No. 2021-255 of March 9, 2021 extends until July 31, 2021 the application of the rules derived from said Ordinance and its Implementing Decree No. 2020-418 of April 10, 2020.

The entry into force of Decree No. 2021-255 is a good opportunity to review the various changes that have occurred since our last article on the subject published on our Blog on September 29, 2020.

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