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Investing In France: What Foreign Investors Still Get Wrong, And How To Get It Right
Every few months, I find myself in a familiar conversation with a foreign investor who is approaching a French transaction for the first time. They have done cross-border deals before, and have done their research. They usually arrive with a version of the same assumption: that France is more complicated than it needs to be, that the regulatory environment is from a different era, and that with the right advisors, the complexity can be “figured out.”
France Government
CG
Cohen & Gresser
Article
Assimilation Des Sociétés Étrangères : L'article 8 Du CGI Évince L'article 123 Bis, Même Sans Distribution De Bénéfices
Faisant application de la méthode d'assimilation issue de la jurisprudence Artémis, le Conseil d'État juge que des SARL unipersonnelles de droit luxembourgeois, dont le capital est divisé en parts sociales non librement négociables et dont l'associé unique ne répond des dettes sociales qu'à concurrence de ses apports, doivent être assimilées à des sociétés à responsabilité limitée de droit français dont l'associé unique est une personne physique.
France Tax
CG
Cohen & Gresser
Article
UPC Action Permissibly Lodged Prior To The Grant Of A European Patent
A recent order from the Paris Central Division of the Unified Patent Court establishes that parties may file UPC actions before the grant of underlying European patents, creating new strategic considerations for patent proprietors considering opt-outs. The decision in Omnia Technologies v Sidel Participations demonstrates how timing of opt-out requests has become critical, as the court found jurisdiction even when patents were not yet granted at the time of filing.
European Union IP
FH
Finnegan, Henderson, Farabow, Garrett & Dunner, LLP
Article
UPC Confirms Admissibility Of Request To Increase Security For Costs
A Paris division of the Unified Patent Court granted a moderate €100,000 top-up to security for legal costs in a patent infringement case, balancing the defendant's increased defense expenses against the claimant's fundamental right to access justice. The court rejected demands for a much larger security increase, finding that the claimant's status as a micro-enterprise required careful consideration of proportionality principles under EU law.
France IP
MC
Marks & Clerk
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