A new French Act, which has entered into force this summer, aims to simplify, clarify and adjust existing
company law. It has extended the scope of express form mergers to affiliates in a group of companies, which
should reduce time and cost in internal restructuring of group companies. A few legal questions and potential
issues remain but their impact will be limited to marginal cases.Droit commercial- Express Form Mergers Between Affiliates under French Law | Jean-Christophe Bouchard & Philippe Gianviti