France: Arbitration & Dispute Resolution

Une société mère française a consenti des abandons de créances à ses filiales allemande et turque, mais l'administration fiscale a remis en cause leur déductibilité. La cour administrative d'appel de Bordeaux examine si ces abandons constituent des aides commerciales déductibles ou des libéralités non déductibles, en analysant les relations commerciales effectives et les perspectives de développement invoquées.

The French Court of Cassation has established a critical limitation on enforcing arbitral awards against State-linked entities when EU financial stability objectives are at stake. In a landmark ruling involving Greece's asset management vehicle HCAP, the Court held that while creditors may generally pursue assets of State emanations, this doctrine must yield when enforcement would undermine EU-mandated restructuring and stabilization programs. This decision fundamentally reshapes enforcement strategy for ar

Read this edition of the Paris International Arbitration Newsletter - February 2025 for hands-on insights from our practice for in-house counsels and practitioners.