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Details on the crisis exit procedure
Focus on decrees no. 2021-1354 and 2021-1355 of October 16, 2021. Preliminary information. Companies concerned. Opening of the procedure. Observation period...
The new reform of Book VI of the Commercial Code
Ordinance 2021-1193 of September 15, 2021, issued pursuant to the PACTE Law and reforming Book VI of the Commercial Code, pursues a threefold objective: To transpose Directive 2019/1023 of June 20, 2019, known as the "Restructuring and...
Relief from forfeiture: what recourse is available in case of late filing of a claim?
A creditor who has not filed a claim within the statutory time limit may request relief from forfeiture. When a creditor has been omitted from the list drawn up by the debtor, they benefit from enhanced protection under the case law of the Court of Cassation.
Suretyship, mortgage guarantee and annual information for the surety
When the same person acts as personal guarantor for a debtor's obligations to a credit institution and also assigns one or more assets as collateral for those same obligations, that institution...
Businesses facing the introduction of the "health pass"
On July 25th, Parliament adopted a bill concerning the management of the health crisis, intended to implement the system for combating the spread of COVID-19 commonly known as the "health pass.".
Exclusion clauses in insurance contracts: the Court of Cassation continues to tighten the noose!
Article L113-1 of the Insurance Code, which authorizes insurers to limit their coverage by including exclusions in their contracts, requires that these exclusions be "formal and limited...".