In a decision dated 19 November 2020, the French Supreme Court (Cour de cassation) clarified the regime for clauses contrary to Article L. 145-15 of the French Commercial Code, as amended by the law of 18 June 2014 (known as the Pinel Law). Prior to the Pinel Act, Article L. 145-15 of the French Commercial […]
Paris
The extension of the state of public health emergency by a law of 14 November 2020[1] due to the second wave of the Covid‑19 epidemic and the related restrictions and lockdown measures in France, rendered necessary the reactivation, amplification or supplementation of pre-existing measures to help companies overcome their negative effects. [1] Law n°2020-1379 dated […]
Crowdfunding has emerged in recent years as a new form of alternative finance for start-ups and small and medium-sized enterprises, further restricting the banking monopoly, particularly through the techniques of crowdequity (raising capital by offering Internet users equity investments) and crowdlending (raising capital by borrowing from Internet users). Increasingly appreciated and used by companies unable […]
Paris
In the context of the Covid-19 health crisis and its repercussions on economic activity, and as part of the exceptional measures set up by the government to support companies affected by it, the 2nd Amended Finance Law for 2020 No. 2020-473 of 25 April 2020 supplemented by decree No. 2020-1314 of 30 October 2020 (the “Decree”) set […]
Paris
COVID-19. New Developments: Measures Affecting Business
Moscow Desk
By decree 2020-1310 of 29 October 2020 prescribing general measures to deal with the Covid-19 epidemic as part of the state of health emergency, the Government renewed the decision to close certain businesses. The decision to close is general with (art 37 of the decree): an exception in principle for click and collect activities, which […]
Paris
Moscow Desk
Paris | ENERGY AND NATURAL RESOURCES LAW | RENEWABLE ENERGY – RE
The Dijon Court of Appeal validates the rent clause to be compensated despite the distortion created over 3 years by the sliding scale clause (i), while ordering the nullity of the disputed clause which limited downward indexation, despite the lessor’s failure to apply this limitation during the term of the lease (ii).
Paris
Judgment of the Paris Court of Justice of 10 July 2020 a new step towards the interpretation of Article 4 of Order 2020-306 of 25 March 2020?
Paris
Desk Moscou