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1 November 2010 | Jean-Luc Soulier

The continuation and outcome of the “serial” story on the delegations of powers within French sociétés par actions simplifiées

In our preceding e-newsletter, we announced the forthcoming end of the “serial” story on the delegations of powers within French Sociétés par Action Simplifiées («SAS»). It is done! The Cour de Cassation (France’s Supreme Court) declared the end of the debate in two landmark judgments rendered on November 19 (Decisions no. 268 and no. 269). […]

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1 October 2010 | Soulier Bunch

Creation of the accelerated financial safeguard procedure

French insolvency and bankruptcy laws keep on being reformed. As such, the safeguard procedure, introduced by the Law n° 2005-845 of July 26, 2005 and reformed by Ordinance n° 2008-1345 of December 18, 2008, has once again been recently amended by the legislator to favor a “swift” financial restructuring of companies in difficulty. On October […]

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