Is it possible to set aside the application of the provisions set forth in Article L. 441-6 of the French Commercial Code that limits payment terms in contracts for the international sale of goods entered into between French suppliers and foreign clients (based in one of the EU Member States) when such contract is governed […]
In a decision dated January 26, 2016, the Commercial Chamber of the Cour de Cassation (French Supreme Court) provided clarification on the conditions in which Article L.341-4 of the French Consumer Code should be applied. Specifically, it ruled that “the shares and the current account receivable held by the guarantor in the company that is […]
Ordinance of February 10, 2016 for the reform of French contract law that will become effective on October 1, 2016 introduces in the French Civil Code a number of new principles that are expected to significantly change the role of the judge in the resolution of disputes between contracting parties. Particular attention should be given […]
Faced with a sluggish domestic economy and mature markets, French companies tend to expand internationally and seek new opportunities to secure their business. The joint venture, irrespective of whether it is imposed by the ever-intensifying global competition or under local laws that require the presence of a local partner, constitutes a development tool that is […]
Introduced by Law n°2014-288 of March 5, 2014 on vocational training, career development review meetings are now mandatory for all employees. Such meetings must be held before March 7, 2016. Here is a brief reminder of the obligations imposed on companies in this respect. When employees are hired, the employer must inform them that they […]
The Union Customs Code (UCC) was adopted on October 9, 2013 as Regulation (EU) No 952/2013 of the European Parliament and of the Council. Its provisions will become effective on May 1, 2016. This new code brings about many legislative and practical changes for businesses that import or export goods. Under Article 6 of the […]