WebJan 26, 2024 · In 2014, France passed the Florange Law to give tenured shareholders more voting power when it comes to a publicly-traded company, so as long as said company doesn't explicitly prohibit double ... WebMay 12, 2015 · The Florange Law simply adds another hurdle in doing business in France. The resulting higher price of capital will of necessity, apply to all French companies. The lower valuations will hurt the very French firms that are supposed to be helped under the mandate. It will give an added advantage to their competitors, that may well reside in a ...
The Practice of Law and the Unauthorized Practice of Law
WebJan 19, 2024 · This note provides background information on a French law ("the Florange law") passed in 2014 that the French government said would encourage long-term … chlorine residual packets
Overview of the provisions of the so-called “florange law” …
WebMay 2, 2015 · According to the so-called Florange law adopted in 2014, after March 2016 listed French firms must begin granting double voting rights to investors who have held … As of March 29, 2014, companies and groups with at least 1,000 employees that intend to close down a site, now have the obligation to search for a buyer under the so-called Florange Law. It is an obligation of means, not one to divest the establishment concerned. The legislator sought to ensure that … See more The relevant employer must carry out a serious and active search, distribute as much information as possible about the potential buyers and justify its actions throughout the entire procedure to the ERBs and Labour … See more The employer must consult the WC with regards to any offer deemed acceptable. The WC shall then deliver its opinion on the offer. Before the end of the information and consultation procedure (Art. L 1233-30), if no purchase … See more Title 1 of the Law refers to an obligation to search for a buyer in the event of a contemplated closure of a site. At the end of the search for a buyer period, the company must issue a summary report detailing the actions … See more WebApr 1, 2014 · For the record, the bill, introduced on May 15, 2013 in response to the stir caused by the closure of the blast furnaces in Florange (Moselle), was definitely adopted … gratin creme fraiche