The commercial division of the Court of Cassation decided on January 10, 1995 that the annual rate of interest must be determined by reference to the calendar year, which is made up of three hundred and sixty-five or three hundred and sixty-six days.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances. For additional information contact Claire Acard or Joseph Smallhoover on 33/(1)/55 61 10 10 or enter text search: "Archibald Andersen", and "Business Monitor". The members of Archibald Andersen Association d'Avocats (S.G. Archibald and Arthur Andersen International) are registered with the Hauts-de-Seine Bar and the Lyon Bar.
See More Popular Content From