In a recent decision and regarding a free loan made by a company to another, the Court of Appeal of Bordeaux has considered that the favourable effect of some other operations on the maintaining of the European solvency rate is not a sufficient counterpart to the absence of remuneration for the advanced sums (C.A.A. Bordeaux, May 2, 1995, no. 93-699).

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be brought about your specific circumstances. For additional information contact Claire Acard on 33/(1)/42.91.07.00 or Lionel Benant on 33/78.63.72.35 or enter text search: "ARCHIBALD ANDERSEN Profile". 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.