Update on promises and preference pacts, six years after the reform of the Civil Code – Option Finance, 04/19/2022
The promise to sell and the preference pact, two key instruments in M&A transactions, had made their entry into the Civil Code at the time of the 2016 reform. However, there were still some grey areas regarding the scope or effectiveness of certain provisions governing them, explains Ali Baydoun, counsel.
Paris | M&A AND CORPORATE LAW