France

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Reform of the French “Civil code”

Adiscussions, thechapter related to the “Contract”, included in theCivil code (the “Code”) since 1804, has been entirely and substantially reformed by the 1 Ordinance dated10 February 2016 (the “Reform”). Attachment Size ...

Resource Article - twallace@abiwor... - 08/10/2016 - 11:07 - 0 comments - 1 attachment

Article from INSOL Europe (4 – 10 July 2016) GlobalINSOLvency Editorial Board

France: Nineteen specialised commercial courts to deal with the largest insolvencies The French government has made the assessment that certain smaller commercial courts were regularly finding themselves confronted with cases of great complexity, wit ...

Resource Article - twallace@abiwor... - 07/12/2016 - 10:13 - 0 comments - 1 attachment

French Unite to Lure Financial Services to Paris After Brexit

French government officials and bankers gathered in Paris Wednesday to promote the city as a financial capital of Europe that could take over from London after the U.K. vote to leave the European Union, The Wall Street Journal reported. In a rare mom ...

Daily Headline - global.abi.org - 07/06/2016 - 22:40 - 0 comments

The FRAm case and the French “Pre-Pack” solution

On 25 November 2015 , the Commercial Court of Toulouse ordered the “pre-pack” sale of the assets of a major French tour operator, FRAM, to the leading online travel specialist, Karavel- Promovacances. The sale will lead to the creation of the bigges ...

Resource Article - twallace@abiwor... - 06/28/2016 - 11:52 - 0 comments - 1 attachment

Solocal Starts $1.3 Billion Debt Overhaul Under French Court

Solocal Group began a court-backed process to restructure 1.1 billion euros ($1.3 billion) of debt, its second reorganization in about two years, Bloomberg News reported. The French directories publisher asked the Commercial Court of Nanterre to appoint ...

Daily Headline - global.abi.org - 06/23/2016 - 22:50 - 0 comments

France Ramps Up Austerity to Hit Budget Targets

French President François Hollande’s government said Wednesday it will ramp up austerity measures in the next two years to stay on track with budget targets, despite a looming presidential election, The Wall Street Journal reported. The French financ ...

Daily Headline - global.abi.org - 04/13/2016 - 21:23 - 0 comments

Latest in Asset Management / Actualité du secteur de la gestion d’actifs

March 2016 – This issue includes highlights on: Speed. Control. Growth. Financial Services Industry – Prepare for 2016 Budget Measures Global Hedge Fund Survey Audit Point of View March 2016 – The degree of individual director accountability is o ...

Resource Article - twallace@abiwor... - 04/08/2016 - 16:11 - 0 comments - 0 attachments

Latest in Insurance/Actualité de l’assurance

Spring has officially arrived and, as we put the 2015 reporting season behind us, let me share some of my personal highlights from this month’s particularly broad range of topics. The newest issue of Insurance Sound Bytes provides some thoughts on how ...

Resource Article - twallace@abiwor... - 04/08/2016 - 16:01 - 0 comments - 0 attachments

Latest in Insurance/Actualité de l’assurance

We open this issue with our annual Insurance M&A Trends report, reflecting on the trends which unfolded in 2015 and their anticipated influence on activities in 2016. With this in mind we look further into the future and share our thinking on the imp ...

Resource Article - twallace@abiwor... - 04/08/2016 - 14:08 - 0 comments - 0 attachments

Article from INSOL Europe (Week 29 February - 06 March 2016) GlobalINSOLvency Editorial Board

Emmanuel Macron, Minister for the Economy, wants France to take its destiny into its own hands. An omnibus law bearing his name was enacted in August 2 in which over 300 2015, provisions set out the Government’s ambition of shaking up the regulatory envi ...

Resource Article - twallace@abiwor... - 04/08/2016 - 11:24 - 0 comments - 1 attachment

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