Since several years, the EU authorities have been striving to improve the regulatory framework governing chemicals in order to gain a better knowledge of chemical substances used within the EU and to ensure a higher level of protection of human health and the environment. In this context, two main regulations have been adopted: The REACH […]
According to a case-law principle established by the Commercial Chamber of the Cour de Cassation (French Supreme Court of hereinafter “FSC”), a party that suddenly terminates, even partially, an established commercial relationship without prior written notice commensurate with the duration of the business relationship and consistent with the minimum notice period determined by the multi-sector […]
In our preceding e-newsletter, we announced the forthcoming end of the “serial” story on the delegations of powers within French Sociétés par Action Simplifiées («SAS»). It is done! The Cour de Cassation (France’s Supreme Court) declared the end of the debate in two landmark judgments rendered on November 19 (Decisions no. 268 and no. 269). […]
French insolvency and bankruptcy laws keep on being reformed. As such, the safeguard procedure, introduced by the Law n° 2005-845 of July 26, 2005 and reformed by Ordinance n° 2008-1345 of December 18, 2008, has once again been recently amended by the legislator to favor a “swift” financial restructuring of companies in difficulty. On October […]
Nowadays, managing a business requires so many particular and complex skills and competences that no one would challenge the necessity to authorize a corporate manager to delegate part of his powers and authority to officers vested with specific responsibilities. To be valid, a delegation of powers must meet certain requirements that have been progressively defined […]
In a judgment dated September 2, 2010, the Investigating Chamber of the Toulouse Court of Appeals upheld the full dismissal rendered on January 30, 2009 by the investigating judge of Saint-Gaudens in the publicized so-called “bee case”. More than seven years have elapsed since Regent, a seed-coating product successively owned by Bayer CropScience and BASF […]
Strategic Lawyering