Automatic application of late penalties In the absence of a contractual clause
Arrêt de la Cour de Cassation du 3 mars 2009 As a continuation of the article on the new maximum payment terms applicable as of January 1, 2009 (see our January 2009 e-newsletter), a recent decision of the French Supreme Court[1] established the principle that a supplier can automatically require payment of late penalties even […]