Enhanced secured creditors in france after cornerstone reform of security law and collective proceedings of september 15, 2021, october 2021

Ordinances n°2021-1192 and 2021-1193 of September 15, 2021, respectively reforming security law and amending Book VI of the French Commercial Code, implement mandates of the PACTE Law of May 22, 2019[1] to: modernize security law[2], improve the articulation of security law with collective proceedings law[3] and transpose the (EU) Directive 2019/1023 of June 20, 2019[4], known as […]

Paris | INSOLVENCY PROCEEDINGS | RESTRUCTURING – LAW OF COMPANIES IN DIFFICULTY | BANK-FINANCE-REGULATORY

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Flash Info : the French High Committee for Corporate Governance has published its eighth annual report, 22/11/2021

The High Committee for Corporate Governance (“HCGE”) published on 10 November 2021 its eighth annual report (the “Report”). The mission of the HCGE is to monitor compliance with the principal French Corporate Governance Code, the Afep-Medef Code of Corporate Governance for Listed Companies (the “Code”), by those companies whose shares are listed on a regulated […]

Paris | CORPORATE LAW AND GOVERNANCE

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The fight against artificialisation will require planning – Le Moniteur, 22/10/2021

Urban planning – The Climate and Resilience Act leaves little time for local authorities to meet the ZAN target. In line with the proposals of the Citizens’ Climate Convention and in order to anchor ecology in our society, Law 2021-1104 of 22 August 2021, known as the “Climate and Resilience” law, modifies numerous provisions of […]

Paris | PUBLIC LAW – PUBLIC CONTRACTS | ENERGY AND NATURAL RESOURCES LAW | RENEWABLE ENERGY – RE

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Clause de non-concurrence et contrepartie financière : quelques précisions complémentaires par la chambre commerciale de la Cour de cassation – Option Finance, 15/10/2021

In a decision of 23 June 2021, the Commercial Chamber of the Court of Cassation, confirming its previous position, reaffirmed the validity of a non-competition clause without financial consideration, when the obliged party is not an employee of the creditor company.

Paris | CORPORATE LAW AND GOVERNANCE

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Jeantet advises Inventory Planner on its sale to the Brightpearl Group

Paris, September 22, 2021, Jeantet advised Inventory Planner, a leading e-commerce inventory management and forecasting company, and its shareholders on the sale of Inventory Planner to the Brightpearl group, enabling the latter to broaden its technological offering by integrating an inventory management software for e-commerce players. This is a first step in its longer-term strategy to make Brightpearl the market leader in […]

Paris

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Shouldn’t the legal personality of the AMF act as a shield? – Option Droit et Affaires, 03/09/2021

For several years now, the legal status of the AMF has been in question when it intervenes before the Paris Court of Appeal in appeals against its own individual decisions, pursuant to Article L. 621-30 of the Monetary and Financial Code, even though this optional intervention is expressly provided for in Article R. 621-46 of […]

Paris | FINANCIAL ENGINEERING | BANKING AND FINANCIAL REGULATION

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