Takeover of companies: triennial information for employees (decree of January 6, 2016)

The Macron law amended article 18 of the law relating to the social and solidarity economy and completed the information system for employees of companies with fewer than 250 employees. The aforementioned article 18 provides that a system for informing employees of the possibilities of taking over a...

Finance law for the year 2016

Finance law no. 2015-1785 of December 29, 2015 for 2016 provides for provisions of direct interest to companies. I. Threshold effects in VSEs and SMEs Threshold effects in VSEs and SMEs have been limited by the...

Act to modernize our health system

The law on the modernization of our health system was adopted in final reading by the National Assembly on December 17, 2015 and published in the official journal of January 27, 2016. This text provides in particular for the prohibition of the use of electronic cigarettes in certain public places such as...

Business law – Case law (Sept. Oct. 2015)

Summary 1. Failure to execute a transaction2. Failure to declare claim3. Dispute of debt4. Unfair competition: harm to the partner of a company in liquidation5. Duty of confidentiality...

Newsletter n° 29 – Business law – January 2016

Newsletter n° 29 - Business law - January 2016 Shareholders, mediation and payment terms Contents LEGISLATIVE AND REGULATORY NEWS Public limited companies: reduction of the minimum number of shareholders - Ordo...

Payment times between professionals

Until the entry into force of article L.441-6 of the French Commercial Code amended by the Macron law, payment terms were set at forty-five days from the end of the month or sixty days from the date issue of the invoice. From now on, the deadline in principle is that of sixty days from the date of...
French