Hydrocarbons, new technologies, building and civil engineering works, but also luxury tourism, renewable energies or agribusiness, the United Arab Emirates (the “UAE”) offers tremendous business opportunities for companies and such opportunities are enhanced as a result of the currently pursued policy of economic diversification[1]. In the UAE, generated profits are net of taxes and natural […]
The so-called “economic growth and activity” Bill, commonly known as the “Macron Bill”, was adopted on July 10 by the French Parliament, after a long and turbulent process. Published on August 7, the “Macron Law” came into force on August 8, even though the implementation of many measures is conditioned upon the publication of implementing […]
In the current context of increasingly fierce competition between European private equity structures following the adoption of Directive 2011/61/EU, referred to as the “AIFM Directive” [1], aimed at creating an harmonized framework for alternative investment funds (“AIF”) in Europe while strengthening the protection of investors and savers, the French Government wanted to show that it […]
A judgment of the Court of Justice of the European Union (“CJEU”) dated September 10, 2015 (C-266/14) is creating confusion while things could already be considered as cloudy in France in terms of working time duration. This judgment is likely to create a new source of litigation for companies that employ itinerant employees. This judgment, […]
After months of stormy debates, the Bill on growth, economic activity and equality of economic opportunity, commonly known as the “Macron Bill”, was finally enacted[1]. During such debates, we focused on the contemplated measures concerning the confidentiality of accounts, the rules governing the allocation of free shares and so-called Bons de Souscription de Parts de […]
The legal status of commercial agents provides notably that a commercial agent is entitled, subject to specific exceptions, to a compensation for the damage suffered as a result of the termination of the relationships with the principal. In a decision dated June 23, 2015, the Cour de cassation (French Supreme Court) recalled that (i) this […]
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