To take into account the impact of the covid-19 pandemic on economic activity, the URSSAF network introduced on March 16, 2020 a measure allowing employers to defer the payment of their social security contributions for a period of up to three months.
Tout opérateur économique se pose légitimement la question : la pandémie de coronavirus COVID-19, permet-elle de suspendre ou de mettre fin à ses obligations prévues par un contrat commercial devant s’exécuter en France en invoquant l’existence d’un cas de force majeure ?
Partial activity: A press release from the Ministry of Labor specifies that companies have 30 days to submit their application to get a 100% compensation coverage, up to a maximum of 4.5 the value of the minimum wage.
“France’s attractiveness improved further in 2018, despite the slowdown in global growth, economic tensions and rising protectionism”. This assessment, mentioned in the 2018 annual report on foreign investment in France issued by Business France (French Agency responsible for fostering export growth by French businesses and facilitating international investment in France) confirms France’s enhanced attractiveness in 2018.
Attractiveness, however, does not mean lack of control, provided that a simple and fast legal framework is offered to foreign investors.
The French Data Protection Authority has served a formal notice on EDF and Engie for non-compliance with some of the requirements for obtaining consent in relation to the collection of consumption data from Linky smart meters, as well as for an excessive retention period of such consumption data.
Both companies have three months to comply.
The French Anti-Corruption Agency, created by Law No. 2016-1691 of December 9, 2016 on transparency, fight against corruption and modernization of the economy, commonly referred to as the “Sapin II Law”, has recently supplemented its recommendations by issuing a best practice guide for M&A transactions.