To mitigate the risks faced by French financial markets during this unprecedented period of disruption caused by the COVID-19 pandemic, the French Financial Markets Authority (AMF) announced on April 15, 2020, that it will...more
French companies’ annual general shareholders’ meetings season usually begins in mid-March and ends in June. The agendas typically include approving the annual financial statements and deciding on the distribution of...more
4/9/2020
/ Board of Directors ,
Coronavirus/COVID-19 ,
Distribution Rules ,
Dividends ,
EIOPA ,
European Central Bank ,
Federal Aid ,
France ,
Publicly-Traded Companies ,
Risk Mitigation ,
Shareholder Meetings ,
Time Extensions
The COVID-19 pandemic, which coincides with the annual shareholders’ meetings season, raises significant concerns regarding the ability of companies, in particular listed companies, to convene their board of directors’ and...more
On March 18, 2020, the French government published a legislative package of emergency measures aimed at tackling the COVID-19 crisis. It includes an Amending Finance Act for 2020 (which includes a state guarantee of up to...more
As COVID-19 continues to spread throughout France, the government has adopted lockdown measures limiting the movement of individuals throughout the country, as well as ordering the temporary closure of certain businesses. The...more