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  • Cited by 1
  • Print publication year: 2011
  • Online publication date: October 2011

20 - France

from Part V - Application in each Member State

Summary

Introduction

The requirements of the Cross-border Merger Directive were transposed into French law by the law no. 2008-649 dated 3 July 2008 (the ‘Act’). The Act amended the French Commercial Code (the ‘Commercial Code’) by inserting eight new articles (Arts. L.236-25 through L.236-32) in a newly created Section IV on cross-border mergers (Dispositions particulières aux fusions transfrontalières) under Chapter VI, Title III of Book II.

The Act also inserted a new Title VII in Book III, Part II of the French Labour Code on employee participation in companies resulting from cross-border mergers (Participation des salariés dans les sociétés issues de fusions transfrontalières).

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