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1 January 2011 | Soulier Bunch

French banking and financial regulation law: implementation of the global financial supervision system

The French banking and financial regulation Law (the “FBFRL”) was enacted on October 20, 2010 and published in the Official Journal on October 23, 2010. It aims at implementing the decisions made at the G-20 summits in Washington, London and Pittsburgh and drawing lessons from the crisis in order to foster economic recovery. The FBFRL […]

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1 January 2011 | Soulier Bunch

What should be learned from the new eu rules on horizontal cooperation agreements?

In many aspects, the year 2010 has been the year of the modernization of EU competition and antitrust rules. Indeed, in the wake of the adoption of new rules on vertical cooperation agreements[1] and on certain categories of industry-specific agreements[2], two additional horizontal agreements block exemption regulations (“New Regulations”) were adopted on December 14, 2010[3], […]

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1 November 2010 | Soulier Bunch

Sudden termination of an established business relationship and international arbitration: continuation of the debate on the characterization of liability under article l. 442-6, i, 5° of the French Commercial Code

According to a case-law principle established by the Commercial Chamber of the Cour de Cassation (French Supreme Court of hereinafter “FSC”), a party that suddenly terminates, even partially, an established commercial relationship without prior written notice commensurate with the duration of the business relationship and consistent with the minimum notice period determined by the multi-sector […]

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