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29 November 2017

Forced heirship and French international public policy

In two decisions handed down on September 27, 2017[1], the First Civil Chamber of the Cour de Cassation (French Supreme Court) held that “a foreign law designated by the conflict-of-law rule, which excludes forced heirship, is not, in and of itself, contrary to French international public policy and may be set aside only if its […]

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30 October 2017

Digital platforms: New provisions on the obligation to provide information to consumers

With a view to tightening digital platforms’ transparency and loyalty towards consumers, three Decrees published on September 29, 2017 have clarified the information requirements imposed on the operators of such platforms. Some of the measures introduced by the Decrees must be implemented by January 1, 2018. Adopted in furtherance of the provisions on the transparency […]

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30 October 2017

A new legal framework for debt financing

In the wake of the wave of modernization and transparency of the French economic life triggered by the so-called “Sapin II” Law, in particular as regards the financing of the economy, Ordinance n°2017-1432 of October 4, 2017 reshapes the legal framework for asset management and debt financing. The objective is to respond to businesses’ needs […]

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29 September 2017

A clause providing for the payment of a termination indemnity included in a void contract is inapplicable while the jurisdiction clause included in a void contract survives.

In two decisions dated July 12, 2017, the Commercial Chamber of the Cour de Cassation (French Supreme Court) ruled that wherever two contracts are interdependent, “the termination of one entails the voidness of the other, thereby excluding the application of the clause of the void contract that provides for the payment of a termination indemnity”. […]

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