Video – The manager's duty to inform his partners
Jefferson Larue, a partner at Arst Avocats, presents the duty of disclosure of a company director towards its partners. Jefferson Larue, author and lawyer...
The SAS (simplified joint-stock company) has definitively become the most attractive corporate form following the reform of statutory auditing!
The PACTE Law (Law No. 2019-486 of May 22, 2019) profoundly reformed the statutory auditing regime for simplified joint-stock companies (SAS), thereby further increasing the attractiveness of this corporate form. It was quickly supplemented by...
Finance Law for the year 2016
Law No. 2015-1785 of December 29, 2015, the Finance Law for 2016, contains provisions directly affecting businesses. I. Threshold Effects in Very Small Businesses and SMEs. The threshold effects in very small businesses and SMEs have been limited by the law...
Payment terms between professionals
Until the entry into force of Article L.441-6 of the French Commercial Code, as amended by the Macron Law, payment terms were set at forty-five days from the end of the month or sixty days from the invoice date. Now, the standard term is sixty days from the invoice date.
Case law clarifications on the concept of the duration of established business relationships
Under the fifth paragraph of Article L.442-6 of the French Commercial Code, the following acts are considered acts of abruptly terminating, even partially, an established business relationship without written notice that takes into account the duration of the business relationship, and which render the perpetrator liable for damages.
Terms and Conditions
In the context of relations between suppliers and distributors or service providers, the Hamon Law mandated the communication of general terms and conditions of sale (GTC) by December 1st at the latest (Art. L.441-7 of the French Commercial Code). The Macron Law restricted the scope of this provision insofar as...