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Legal Insights

29 September 2017

A clause providing for the payment of a termination indemnity included in a void contract is inapplicable while the jurisdiction clause included in a void contract survives.

In two decisions dated July 12, 2017, the Commercial Chamber of the Cour de Cassation (French Supreme Court) ruled that wherever two contracts are interdependent, “the termination of one entails the voidness of the other, thereby excluding the application of the clause of the void contract that provides for the payment of a termination indemnity”. […]

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29 September 2017

Distribution agreements and contractual trial periods

In a decision dated June 21, 2017[1], the Cour de Cassation (French Supreme Court) ruled that the termination of a distribution agreement during the contractual trial period could not be considered as abusive. It follows from this decision that the parties are free to include in a distribution agreement a trial period during which each […]

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30 August 2017

The foreign investment screening device in France is simplified… but not reduced

In the wake of the large-scale program launched in France in 2013 to simplify the regulatory framework applicable to businesses, Decree n°2017-932 of May 10, 2017 introducing various simplification measures for businesses has streamlined the formalities that foreign companies must carry out to invest in France. This simplification must not, however, mask the French government’s […]

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