Recalling the traditional distinction between rights associated with the capacity as shareholder (e.g. voting rights) on the one hand and monetary rights attached to shares (e.g. dividends) on the other hand, the Cour de cassation (French Supreme Court) recently ruled that only the monetary value of the shares of a société à responsabilité limitée (French […]
During the Council of Ministers held on September 12, 2012, the French Economy and Finance Minister presented the main tax and budgetary guidelines for 2013.
As mentioned in our June 2012 e-newsletter, the Cour de Cassation (French Supreme Court), in a decision dated May 30, 2012, dismissed the appeal lodged by the civil parties against the judgment of the Toulouse Court of Appeals having confirmed the dismissal of the much publicized bee case, thereby putting a final end to this legal saga.
The implementation of a whistleblowing program, i.e. a system encouraging employees to report issues that can affect the business of their company or involve its responsibility, is subject to specific rules that vary from on country to another.