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Legal Insights

30 August 2017

The foreign investment screening device in France is simplified… but not reduced

In the wake of the large-scale program launched in France in 2013 to simplify the regulatory framework applicable to businesses, Decree n°2017-932 of May 10, 2017 introducing various simplification measures for businesses has streamlined the formalities that foreign companies must carry out to invest in France. This simplification must not, however, mask the French government’s […]

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30 August 2017

AI and the end of lawyers: Myth or reality?

Jean-Gabriel Ganascia defines Artificial Intelligence (“AI”) as “the discipline in computer science that seeks to develop machines that mimic the superior faculties of intelligence”[1]. In practice, when applied to the legal industry, AI could be used for a number of tasks, including, but not limited to, the generation of legal documentation, the definition of strategies […]

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30 August 2017

Theft of information

In a decision dated June 28, 2017, the Criminal Chamber of the Cour de cassation (French Supreme Court) specified that “free access to personal information on a company’s IT network does not mean that such information may not be fraudulently appropriated by any means of reproduction”. This landmark decision revives the debate on the tricky […]

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29 June 2017

Effective as of August 1, 2017, companies and other entities incorporated with the Register of Trade and Companies will have the obligation to disclose their beneficial owner(s)

Unlisted companies and legal entities required to be incorporated with the Register of Trade and Companies and headquartered in France (in particular branches of foreign corporations) will very soon have the obligation to file with the clerk of the Commercial Court a document that sets forth identification data on their beneficial owner(s), his/her/their personal place […]

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