France

Officially known as the French Republic, France is comprised of the territory of metropolitan France and smaller overseas regions and territories; including, French Guiana in South America and smaller islands in the Indian, Atlantic, and Pacific Oceans, make up the French Republic.

The country has long been known as a global center of art, science, and philosophy. Today, over 83 million tourists visit the country annually, making it the most visited country in the world. The country has the fifth largest economy based on nominal GDP, and the ninth largest purchasing power parity (PPP). Health, education, human development, and life expectancy rates, are all areas which the country performs well in, on international rankings. France is also one of the five permanent members, with the power to veto, of United Nations Security Council, making it one of the great global-powers. It is also an official nuclear state.

France is a leading member of the European Union and Eurozone. It is a member of NATO, the WTO, Group of 7, and the Organisation for Economic Co-operation and Development. France relies on civil legal systems to govern the country. The country is governed by statutes, and judges don’t make law, but simply enforce it in the country. The Declaration of the Rights of Man and of the Citizen strongly govern the country, with the belief that laws should be used to prohibit actions which are detrimental to society.

 

As a founding member of the United Nations, the country has strong diplomatic ties with many nations. The country is a major hub for international trade, and is the world headquarters for many headquarters for organizations including OECD, Interpol, and UNESCO. The country has close ties with reunified Germany; the country has also maintained the "Entente cordiale" with the United Kingdom. The French economy is strongly driven by its trade market. 31 of the the world’s 500 largest organizations are located in France, meaning the country is ranked fourth in the Fortune 500 worldwide. Financial services, the insurance sector, banking, and the Stock Exchange, are all major economic-drivers for the country. In 2007, Euronext (French Stock Exchange) merged with the NYSE in the US, making it a part of the world’s largest market.

Areas of French law addressed include: mergers and acquisitions; private equity; banking and finance; derivatives and market infrastructure; projects and infrastructure: restructuring and insolvency; real estate; environmental, nanotechnology, health and safety; pharma, tax; E.U. and French competition law; French public and administrative law; commercial litigation; global disputes; intellectual property; information technology, cybersecurity and data protection; supply chain; block chain;  employment law and benefits and other legal concerns.  Our French legal news includes matters of concern to a number of industries, including automotive, oil and gas, energy, tech companies, mining, chemicals, nanomaterials, pharma, financial services, telecommunications and many more.

The NLR covers legal news concerning:

  • the French Supreme Court;
  • International Centre for Settlement of Investment Disputes (ICSID);
  • Euronext Paris;
  • CFIUS Filings;
  • EU General Data Protection Regulation (GDPR);
  • the French Data Protection Authority (CNIL);
  • the French Competition Authority;
  • the French National Drug and Health Product Agency  (ANSM);
  • the European Market Infrastructure Regulation (EMIR); 
  • the French Monetary and Financial Code; 
  • the French financial markets authority Autorité des marchés financiers; 
  • the French Minister of the Economy;
  • French Law relating to Transparency, the Fight against Corruption and Modernization of Economic Life, (Sapin II Law);
  • the Autorité de contrôle prudentiel et de resolution;
  • the French Treasury and French supervisors (Banque de France, Autorité de contrôle prudentiel et de resolution, and Autorité des marches financiers) and the interaction between French law and E.U., U.S.and other jurisdictions legal systems.
Custom text Title Organization Sort descending
Oct
8
2018
Dramatic Increase in French Privacy Complaints Since GDPR Sheppard, Mullin, Richter & Hampton LLP
Jun
4
2023
French Insider Episode 22: French Investments in the U.S. Wine Industry with Jean Hoefliger of JH Wine Consulting [Podcast] Sheppard, Mullin, Richter & Hampton LLP
Oct
28
2011
OFAC, BIS Double Up Flow Serve: What the Flowserve Settlement Says About Corporate Compliance Programs Sheppard, Mullin, Richter & Hampton LLP
Mar
22
2014
What To Look For Down The Road: France Sheppard, Mullin, Richter & Hampton LLP
Jun
25
2018
GDPR Celebrates One Month Anniversary Sheppard, Mullin, Richter & Hampton LLP
Oct
15
2018
France Imposes Fine for Unauthorized Use of Fingerprint Timeclocks Sheppard, Mullin, Richter & Hampton LLP
Nov
11
2019
Delaware Update: Court of Chancery Declines to Bind a Non-signatory Parent Corporation to Forum Selection Clause Sheppard, Mullin, Richter & Hampton LLP
Feb
6
2020
Potential Impact of U.S.-France Trade Tension on U.S. Imports of French Products and Luxury Goods Sheppard, Mullin, Richter & Hampton LLP
Sep
30
2021
French Insider Podcast Episode 7: What Businesses Need to Know about the US and Canadian Workforces: HR, Return to Office, and Cultural Differences with Wendy Alderdice Sheppard, Mullin, Richter & Hampton LLP
Jun
13
2014
BNP Paribas and La Résistance: Why Compliance is Not Capitulation and Cooperation Could Save an Economy - France Sheppard, Mullin, Richter & Hampton LLP
Feb
10
2020
Getting Prepared for a Decade of Privacy Sheppard, Mullin, Richter & Hampton LLP
Jun
19
2023
The After Effects of the Music Modernization Act in the Digital Streaming Sphere Sheppard, Mullin, Richter & Hampton LLP
Feb
7
2023
CNIL Weighs in On GDPR Applicability to US Company Sheppard, Mullin, Richter & Hampton LLP
Jun
30
2023
French Insider Episode 23: M&A in the US: How French Businesses Can Find a Target & Seal the Deal Sheppard, Mullin, Richter & Hampton LLP
Feb
20
2018
Do We Need A Truth In Advertising Act? The Industry and Retailers Self-Regulate Photoshopping Ads Sheppard, Mullin, Richter & Hampton LLP
Jul
1
2018
Opening a U.S. Bank Account Can be Much More Onerous than you Think and Can Delay Your Cross-Border Transaction or Growth Plans in the U.S. Sheppard, Mullin, Richter & Hampton LLP
Mar
4
2021
U.S. Embassy in Paris Substantially Limits the Eligibility of National Interest Exemptions for Foreign Travelers Sheppard, Mullin, Richter & Hampton LLP
Jun
11
2013
Total Settlement of Foreign Corrupt Practices Act (FCPA) Charges Sheppard, Mullin, Richter & Hampton LLP
Apr
11
2014
French Court Supports Freedom of Authentication: A Win for Art Experts Sheppard, Mullin, Richter & Hampton LLP
Apr
4
2020
Paycheck Protection Program Loan Applications are Opening Today – Eligibility for Small US Businesses Owned by Foreign Companies Sheppard, Mullin, Richter & Hampton LLP
Nov
1
2021
French Insider Podcast Episode 8: Tips for French Individuals Relocating to the US: Dos & Don’ts, Hiring, and Adjusting to Cultural Differences with Romain Poirot [PODCAST] Sheppard, Mullin, Richter & Hampton LLP
Nov
1
2022
French Insider Episode 17: The Ins and Outs of International Production and Entertainment with Tim Stephen [PODCAST] Sheppard, Mullin, Richter & Hampton LLP
Mar
16
2024
French Insider Episode 30: The Whatnots of Immigrating and Business Travel in the U.S. with Greg Berk, Partner at Sheppard Mullin [Podcast] Sheppard, Mullin, Richter & Hampton LLP
Feb
28
2023
French Insider Episode 20: Growing Your Business in America: The Story of Qobuz and Its Growth in Music Streaming with Dan Mackta [PODCAST] Sheppard, Mullin, Richter & Hampton LLP
Nov
27
2023
CNIL Fines Canal+ Over Marketing and Data Security Concerns Sheppard, Mullin, Richter & Hampton LLP
Jun
22
2017
Oh, Hadn’t You Heard? You’re Violating French Law Right Now! France Gets Serieuse about Anti-Corruption Sheppard, Mullin, Richter & Hampton LLP
Dec
19
2017
France Joins Others, Enforces Against Connected Toys Sheppard, Mullin, Richter & Hampton LLP
Jul
2
2019
The Benefits of the International Commercial Courts of Paris in French-American Commercial Litigations Sheppard, Mullin, Richter & Hampton LLP
Feb
22
2022
CNIL Recommends Using US Analytics Tools Only for Anonymous Statistical Data Sheppard, Mullin, Richter & Hampton LLP
Aug
16
2021
SEC’s French Order is First Ever Substituted Compliance Determination in Connection with Capital and Margin Requirements Sheppard, Mullin, Richter & Hampton LLP
Aug
21
2018
“Que Je T’Aime”: L’affaire d’heritage de Johnny Hallyday Sheppard, Mullin, Richter & Hampton LLP
Apr
2
2019
France Continues to Focus on Use of Biometrics Sheppard, Mullin, Richter & Hampton LLP
Aug
16
2021
The Second Circuit Court of Appeals Finds That French Banker Need Not Travel to the United States to Seek Dismissal of Her Indictment Sheppard, Mullin, Richter & Hampton LLP
Jan
27
2021
USTR Suspends Tariffs on Certain French Luxury Goods: A Potential Shift in Trade Talks Sheppard, Mullin, Richter & Hampton LLP
Mar
28
2022
French Insider Podcast Episode 11: Setting up Business in the U.S. with Valère Horath and Valerie Demont Sheppard, Mullin, Richter & Hampton LLP
 

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