Mergers and transfer of criminal liability: reversal of the case law of the criminal division of the Court of Cassation for transactions carried out after 25 November 2020

In a decision dated 25 November 2020, the Criminal Chamber of the French “Cour de Cassation” decided to reverse its case law on the transfer of criminal liability resulting from a merger by way of absorption....
By: Orrick, Herrington & Sutcliffe LLP

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