Skadden attorneys discuss a recent French Court of Cassation decision holding that the criminal liability of an acquired company can now be transferred to the acquiring company in the context of a merger-absorption of public limited companies and, by extension, of simplified joint stock companies and partnerships limited by shares.
Change in Case Law Regarding the Transfer of Criminal Liability Within the Context of Merger-Absorption Transactions
Revue Trimestrielle de Droit Financier