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27 April 2016

Outsourcing of production activities: A new legal requirement imposes the conclusion of a written agreement in certain cases

After two years of waiting, the implementing Decree setting forth the threshold above which the conclusion of a written agreement in the context of outsourcing of production activities is mandatory under Article L. 441-9 of the French Commercial code has finally been published. The conclusion of a written agreement is henceforth mandatory for any purchase […]

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27 April 2016

The “Sapin II” Bill: Towards strengthened rules to combat corruption

Regularly singled out for criticism for lack of efficiency of its anti-corruption arsenal, France finally seems committed to catch up in this field. The so-called “Sapin II” Bill, which should be debated in the French Parliament at the beginning of June 2016, heralds significant changes in the fight against corruption. A draft Bill on “transparency, […]

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27 April 2016

Mandatory and optional profit-sharing schemes: What changes in 2016?

Law n°2015-990 of August 6, 2015, commonly referred to as the “Macron Law” has amended a number of provisions applicable to mandatory profit-sharing schemes (participation) and optional profit-sharing schemes (intéressement). The amended provisions come into force in 2016. This article provides an overview of the key changes. 1. Alignment of the deadline for payment of […]

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24 February 2016

The Joint venture: A tool for companies to speed up their international expansion

Faced with a sluggish domestic economy and mature markets, French companies tend to expand internationally and seek new opportunities to secure their business. The joint venture, irrespective of whether it is imposed by the ever-intensifying global competition or under local laws that require the presence of a local partner, constitutes a development tool that is […]

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