The criminal liability of the absorbed company is transferred to the absorbing company, regardless of the corporate form of the company involved in the merger by absorption.
In a ruling handed down on May 22, 2024, 1 the...more
The guidelines provide useful insights into the mechanism of settlement agreements in criminal cases, and supersede previous guidelines published on June 26, 2019.
Article 22 of Law No. 2016-1691 of December 9, 2016...more
2/9/2023
/ Civil Monetary Penalty ,
Corporate Crimes ,
Corruption ,
Criminal Prosecution ,
Deferred Prosecution Agreements ,
Enforcement Actions ,
Environmental Violations ,
France ,
New Guidance ,
Settlement Agreements ,
Tax Evasion ,
White Collar Crimes
Various sanctions may apply against DASPs and token issuers that operate in France in contravention of applicable rules.
France was a pioneer in establishing a legal framework for the regulation of digital assets and...more
The report, published on 24 February 2022, assesses the implementation of the existing French corporate duty of vigilance law.
French Statute No. 2017-399 of 27 March 2017 (the 2017 Statute) created a duty of vigilance...more
In light of a landmark decision from France’s highest court, acquiring companies will have to give greater consideration to criminal risks potentially weighing on them as a result of the merger.
The Cour de cassation (the...more
As the Representative Action Directive enters into force, France will have to adopt a cross-border mechanism and expand the scope of entities qualified to bring consumer class actions.
The European Parliament has endorsed...more
Companies may consider reassessing their options regarding contract enforcement in light of the recent court decisions handed down and regulatory measures adopted.
Key Points:
..A number of French courts have considered...more
How can companies respond to the impact on the COVID-19 crisis on their current contracts, either because a reduced workforce, interrupted supply chain, or governmental orders to shut down businesses?
On 30 January 2020,...more
The French National Financial Prosecutor and the French Anticorruption Agency have released guidelines on the French deferred prosecution agreement, that offers a few welcome clarifications.
After years of debate on the...more