France: Proposed additional obligations to seek a buyer before closing a site

A proposed new law is being considered in France that would impose significant new obligations and potential costs/delays on large employers wishing to close a site. On 2 October 2013, the French lower house of Parliament adopted the “loi Florange” which would apply to companies within a group with more than 1,000 employees. This is … Read more

France: Law to secure employment

A major new law ('Loi sur la sécurisation de l'emploi') was passed in June, following an agreement in January between representatives of employer associations and trade unions.  The new law introduces a number of important measures for employers to be aware of.  This article discusses new measures affecting the representation of employees at board level … Read more

Report: Board minimum quotas for women – Where would male gender discrimination start?

Will the increased global focus on gender diversity on corporate boards distort the merit-based appointments process and result in sex discrimination against men in the workplace? Our article, first published in the June 2013 issue of the Newsletter of the International Bar Association Legal Practice Division, examines the European Commission’s draft directive to address gender imbalance … Read more

France: Important changes to employment law

Last week the French Parliament adopted a major employment law which will have a significant impact on companies with a workforce in France.  Key provisions of the new law for employers include: greater certainty in relation to the timing of collective redundancies but also stricter requirements to actively seek out a buyer in the event of … Read more

Important change for hotel, café and restaurant businesses in France: automatic transfer of employees on a change in service providers

There has been an important change to the provisions of the national collective bargaining agreement applying to all hotel, café and restaurant businesses in France, following an agreement reached between the employer and employee representatives of industries in this sector on 20 March 2013. Amendment 18 to this agreement now provides that, even in the … Read more

CRD IV – EU Bankers’ Bonus Cap

The European Commission intends to replace the existing Capital Requirements Directive (2006/48/EC and 2006/49/EC) (CRD) with a regulation and a directive: the proposed Capital Requirements Regulation (CRR) and the proposed CRD IV Directive.  The detailed EU report on the proposal dated 2 March 2013 (and subsequent press release) set out the principles on the issue … Read more

France: New rights to workers and greater flexibility to employers

After several months of negotiations between the French social partners, employers' associations and employee trade unions, a national inter-professional agreement on French employment was reached on 11 January 2013.  This agreement, approved by all employers' associations and 3 out of 5 of the employee trade unions, provides new rights to workers and greater flexibility to … Read more