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 […]
As announced[1], the Bill on growth, economic activity and equality of economic opportunity, commonly known as the “Macron Bill” was adopted on February 19, 2015 by the National Assembly. Currently discussed by the Senate, the Bill should be put to a formal vote shortly. Articles 34 and 35 of the Macron Bill introduce changes to […]
Management packages have developed with the rise of LBO deals. They serve as an incentive to managers – keys persons to the success of a LBO deal – by enabling them to have a stake in the capital and, therefore, to benefit from an exit capital gain, in conditions that are generally relatively favorable. For […]