Commercial and company law, Competition & Consumer Law
Estimated reading time (in minutes) Tax Evasion vs Tax Avoidance The distinction between tax evasion and tax avoidance can often blur, but it’s a line that the so-called ‘ghost’ company in Luxembourg has shrewdly grasped. There is a fine line...
Commercial and company law, Insurance law
Estimated reading time (in minutes) In five decisions, rendered on September 17, 2020 , the Paris Commercial Court ordered the insurance company AXA to compensate several restaurateurs for their operating losses resulting from their administrative closure. ...
Commercial and company law
Estimated reading time (in minutes) Financial Challenges Crisis The ongoing health crisis has forced the government to take immediate action to alleviate the challenges facing businesses, including by offering simplified conditions for insolvency proceedings....
Commercial and company law
Estimated reading time (in minutes) Ensuring compliance with the obligation to file annual accounts: legal consequences and enforcement measures According to article L 123-12 of the Commercial Code, it is compulsory for all traders to draw up annual accounts at the...
Commercial and company law, Tax law
Estimated reading time (in minutes) Clarifying tax exemption Exemption of financial investments: impact and relief for non-residents In a significant judgment, the Court of Cassation clarified that the financial investments of non-residents are exempt from the...
Commercial and company law
Estimated reading time (in minutes) Thomas Cook bankruptcy The collapse of Thomas Cook: implications and support for affected travelers On Monday, September 23, 2019, the famous travel giant, Thomas Cook , declared bankruptcy, bringing its business operations to a...