Focus on the ceilings for free share allocations – Option Finance, 03/03/2022

The allocation of free shares is undoubtedly one of the most widely used profit-sharing tools in that it motivates employees and corporate officers by associating them with the success of their company and/or group. However, although these grants are entirely in the company’s interest and beneficial to the beneficiaries, they can represent a significant source […]

Paris | LISTED COMPANIES AND CAPITAL MARKETS LAW

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The Renewable Energy Law Review: France – The Law Reviews, 2021

Introduction France is on track to set up and implement its decarbonisation framework. It benefits from decarbonised electricity, the energy-generating mix being made up of nuclear power and renewable sources as well as fossil fuels. Hydropower is predominant historically and constitutes the main source of renewable energy for electricity in France, with over 25GW installed […]

Paris | ENERGY AND NATURAL RESOURCES LAW

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Sanctions against Russia: recent developments – 02/24/2022

On 22 February 2022 Russian President Vladimir Putin signed laws ratifying agreements with the  Donetsk and Luhansk People’s Republics (DNR and LNR) recognizing them as independent  states. Sanctions below were adopted before President Putin announced a “special military operation” in Ukraine on 24 February 2022. We are actively following the developments related to those issues […]

Moscow Desk

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EPR in the building sector: a waiting game – Batinfo.com, 02/16/2022

Opinion column by Adrien Fourmon on the Extended Producer Responsibility scheme for construction products or materials in the building sector (PMCB), which has just reached an important milestone with the publication of application decree no. 2021-1941 of December 31, 2021, published in the Journal Officiel on January 1, 2022.

Paris | ENERGY TRANSITION AND CLIMATE CHANGE

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Composition administrative : des effets pervers pour celui qui ne transige pas ? – Finascope, 01/25/2022

Frank Martin-Laprade writes a new legal column on Finascope.fr The administrative composition, which can now be proposed to any person implicated by the AMF Board – and no longer only to professionals under the disciplinary supervision of the stock market regulator – including for grievances related to market abuse (insider trading, dissemination of false or […]

Paris | STOCK MARKET LITIGATION | CAPITAL MARKETS AND STOCK EXCHANGE LAW

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AMF et ACPR : analyse comparative des procédures de contrôle et de sanction – Bulletin Joly Bourse, 01/01/2022

On September 27, 2021, the AMF published an update of its investigation and control charters. The ACPR, for its part, has not revised its charter for conducting an on-site inspection mission since June 2014, which, for example, still mentions in the introduction that the ACPR is an AAI, even though its status changed with Law […]

Paris | BANK-FINANCE-REGULATORY

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[FLASH NEWS] Commercial leases: when is an exclusively upward indexation clause divisible?

By a decision of January 12, 2022 n°21-11.169, the 3rd civil chamber of the Court of Cassation consolidates its jurisprudence on indexation clauses deemed not written. The Supreme Court thus considers that the mention of the determining and essential character of the indexation clause in the lessor’s consent is not sufficient to pronounce its indivisibility. […]

Paris | REAL ESTATE

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Alignement des intérêts dans le private equity et la sécurisation de la fiscalité des management packages – Option Droit & Affaires, 05/01/2022

Jacques-Henry de Bourmont participated in the round table organized by Option Droit & Affaires entitled Alignment of interests in private equity and securing the taxation of management packages. Six experts take stock of the social and fiscal case law relating to management packages and the uncertainties arising therefrom and analyze the risks associated with existing […]

Paris | PRIVATE EQUITY | TAX | MANAGEMENT

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Contrôle des investissements étrangers : protéger l’innovation des énergies renouvelables – Journal de l’éolien, 01/12/2021

The recent decree of September 10, 2021 is an opportunity to revisit the foreign direct investment (FDI) policing system. Through this reform, R&D activities involving renewable energy production technologies benefit from a form of control designed to ensure the protection of activities that are essential to guarantee the greening of the French energy mix. Thus, […]

Paris | ENERGY | MERGERS & ACQUISITIONS

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