Corporate Law

After months of stormy debates, the Bill on growth, economic activity and equality of economic opportunity, commonly known as the “Macron Bill”, was finally enacted[1]. During such debates, we focused on the contemplated measures concerning the confidentiality of accounts, the rules governing the allocation of free shares and so-called Bons de Souscription de Parts de […]

As announced[1], the Bill on growth, economic activity and equality of economic opportunity, commonly known as the “Macron Bill” was adopted on February 19, 2015 by the National Assembly. Currently discussed by the Senate, the Bill should be put to a formal vote shortly. Articles 34 and 35 of the Macron Bill introduce changes to […]

After many twists and turns, the Bill on growth, economic activity and equality of economic opportunity, commonly known as the “Macron Bill”, was eventually adopted on February 19, 2015 by the National Assembly through the use of Article 49§3[1] of the French Constitution. Article 58 quarter of this Bill, introduced by the special committee of […]

Pursuant to a Law dated December 28, 1966, still in effect today, “financial dealings between France and foreign countries are unrestricted”. This freedom is exercised in conditions set by the Government that may, “to ensure the defense of national interests and by way of decrees adopted on the basis of a report of the Minister […]

Two years after the promise made by François Hollande to the employees of ArcelorMittal, the Law aimed at recapturing the real economy, known as the “Florange Law” (the “Law”) has just been published[1]. For the record, the bill, introduced on May 15, 2013 in response to the stir caused by the closure of the blast […]

Following an application for a preliminary ruling on the issue of constitutionality filed in December 2013, the French Constitutional Council has recently ruled (Decision n° 2013-369 QPC of February 28, 2014) that the automatic suspension of voting rights provided for under Article L. 233-14 §1 and §2 of the French Commercial Code (“FCC”) in case […]