On 22 February 2022 Russian President Vladimir Putin signed laws ratifying agreements with the Donetsk and Luhansk People’s Republics (DNR and LNR) recognizing them as independent states. Sanctions below were adopted before President Putin announced a “special military operation” in Ukraine on 24 February 2022. We are actively following the developments related to those issues […]
Desk Russia, Central Asia and Caucasus
Opinion column by Adrien Fourmon on the Extended Producer Responsibility scheme for construction products or materials in the building sector (PMCB), which has just reached an important milestone with the publication of application decree no. 2021-1941 of December 31, 2021, published in the Journal Officiel on January 1, 2022.
Paris | ENERGY TRANSITION AND CLIMATE CHANGE
Competition law news with Florent Prunet on #LexInside (DECIDEURS TV) by Arnaud Dumourier.
Paris | COMPETITION AND ECONOMIC LAW
Frank Martin-Laprade writes a new legal column on Finascope.fr The administrative composition, which can now be proposed to any person implicated by the AMF Board – and no longer only to professionals under the disciplinary supervision of the stock market regulator – including for grievances related to market abuse (insider trading, dissemination of false or […]
Paris | STOCK MARKET LITIGATION | CAPITAL MARKETS AND STOCK EXCHANGE LAW
We knew that the Vivendi case (initiated in 2002 but still not finished 20 years later) was out of the ordinary, but this is confirmed by the latest judicial decision (i.e. the one taken by the Commercial Court of Paris on July 7, 2021), with its international plaintiffs claiming more than 2 billion euros in […]
| CAPITAL MARKETS AND STOCK EXCHANGE LAW
On September 27, 2021, the AMF published an update of its investigation and control charters. The ACPR, for its part, has not revised its charter for conducting an on-site inspection mission since June 2014, which, for example, still mentions in the introduction that the ACPR is an AAI, even though its status changed with Law […]
Paris | BANK-FINANCE-REGULATORY
Contribution of Adrien Fourmon for Smart City Mag n°43 in the file “Smart building: solutions to reduce the consumption of the real estate of the communities”.
| URBAN PLANNING AND DEVELOPMENT LAW
By a decision of January 12, 2022 n°21-11.169, the 3rd civil chamber of the Court of Cassation consolidates its jurisprudence on indexation clauses deemed not written. The Supreme Court thus considers that the mention of the determining and essential character of the indexation clause in the lessor’s consent is not sufficient to pronounce its indivisibility. […]
Paris | REAL ESTATE
Jacques-Henry de Bourmont participated in the round table organized by Option Droit & Affaires entitled Alignment of interests in private equity and securing the taxation of management packages. Six experts take stock of the social and fiscal case law relating to management packages and the uncertainties arising therefrom and analyze the risks associated with existing […]
Paris | PRIVATE EQUITY | TAX | MANAGEMENT
The recent decree of September 10, 2021 is an opportunity to revisit the foreign direct investment (FDI) policing system. Through this reform, R&D activities involving renewable energy production technologies benefit from a form of control designed to ensure the protection of activities that are essential to guarantee the greening of the French energy mix. Thus, […]
Paris | ENERGY | MERGERS & ACQUISITIONS (large & mid cap)
True to its character of combining flexibility, pragmatism and a culture of responsibility, the third version of the Middlenext Code emphasizes the “societal commitment” expected from companies. Under the dual influence of the legislative movement, in particular the PACTE law, and the expectations of civil society, the Code reinforces, through concrete recommendations, the consideration of […]
Paris | CORPORATE LAW AND GOVERNANCE
Paris | ASSET TAXATION