(Update pursuant to publication of French Ministry of Economy Q&As dated 31 March 2020 and 2 April 2020, of arrêté modificatif dated 1 April 2020, Q&A date 22 April 2020 and second Amendment to the French budget law dated 25 April 2020) The French State guarantee of 300 billion euros scheme to secure loans granted […]
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During the state of health emergency, the Government has amended the partial activity scheme on several occasions in order to facilitate its use by companies. Today, more than 10 million employees in France are covered by this scheme, i.e. more than one employee out of two in the private sector. Until now, applications for partial […]
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The Government has resized the partial activity system and opened it to new categories of employees. As implied by the Executive Order dated March 27th, 2020, which refers to “employees who are not subject to legal or conventional provisions relating to working time”, senior executive employees (cadres dirigeants) are now officially covered by the partial […]
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A new ordinance n°2020-427 of 15 April 2020 on various provisions regarding deadlines for dealing with the covid-19 epidemic (the “Deadlines Ordinance of 15 April 2020”), presented to the Council of Ministers on 15 April, was published in the Official Journal on 16 April 2020, as it was eagerly awaited by real estate and construction […]
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Order n°2020-427 dated 15 April 2020 on various time-limit dispositions regarding the covid-19 pandemic modifies the provisions of Order 2020-306 of 25 March 2020 on the extension of the time limits during the period of health emergency and the adaptation of procedures during the same period. It should be reminded that Order No. 2020-306 of […]
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The current health emergency has called for the introduction of derogating and temporary rules on public procurement, both in the field of awarding and executing public contracts, given the current difficulties of enterprises and other economic operators to carry out their services and contracts normally in a period of containment. In public procurement law, Ordinance […]
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The French Parliament has by virtue of an emergency law dated 23 March 2020 empowered the French Government to take all necessary measures in order to cope with the economic, financial and social consequences of Covid-19 spread. The Government enacted a first batch of 25 ordinances, two of which directly impact the French legal insolvency […]
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By Ordinance dated April 1st on emergency measures relating to staff representative bodies (“IRP”), the Government had provided for the possibility for companies to hold meetings with their IRP via videoconference or conference call but also by instant messaging app if the two first means cannot be used. By Decree published on April 10th, 2020, […]
Aware of the political and economic challenges facing by the European Union, the European Commission has decided to act swiftly as part of its task of monitoring state aids under Articles 107 et seq. of the Treaty on the Functioning of the European Union, which require Member States to notify, prior to their implementation, measures […]
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Covid19 related lock down measures implemented in France since mid-March make it quite difficult if not impossible to hold physical meetings for signing financing transactions under French law / involving French parties. For notarised deeds, the emergency measures enacted by a decree dated 3 April 2020 have suspended the requirement of physical presence during and […]
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This newsletter explains the consequences of the texts adopted by the government on the withdrawal period granted to the non-professional buyer (i), the fulfilment of the conditions precedent provided for in the sale commitment (ii) and the notarial deed of sale (iii).
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The lockdown linked to the coronavirus, imposed since March 16, has had an impact on many real estate projects and operations, and in fact raises a number of questions in terms of urban planning. Since the beginning of the lockdown, many local authorities and actors in the field of urban planning law have thus found […]
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