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Mergers and Acquisitions Marketplace Analysis

Deal-making activity in France increased by 115 per cent in the third quarter of 2013 as confidence in the European markets grew. In this chapter we feature 24 of the leading lawyers in the sector.

Life Sciences Marketplace Analysis

The French Competition Authority announced a pharma sector inquiry in February 2013 to address the cost of prescription medicines for social security, the high prices of non-reimbursable medicines and the low level of generic competition in France. As such, there has been a strong focus on pricing and reimbursement issues. Litigation in the life sciences industry has also been active with patent litigators and product liability defence specialists seeing a strong volume of work. We list 38 lawyers in this chapter, experts in patent litigation, product liability defence, and regulatory and transactional matters.

Insurance & Reinsurance Marketplace Analysis

France’s Prudential Supervisory Authority has recently been given greater supervisory powers on the European level with initiatives such as those proposed by the European Insurance and Occupational Pensions Authority, who published guidelines in 2012 on restrictions regarding financial activities. The anticipated implementation of Solvency II by 2016 will ensure that insurance specialists are kept busy advising clients on what impact the demands of the directive will have on their insurance products or coverage. We feature 15 top-class lawyers in this edition.

Insolvency & Restructuring Marketplace Analysis

French bankruptcy law has seen numerous changes over the past few years and this looks set to continue; in June 2013 the Council of Economic Analysis released a report outlining the need to improve creditor rights in bankruptcy proceedings and proposed a number of measures to improve the system. Following this, a reform of the Safeguard law is currently being drafted in order to implement these changes and so specialists in this field are expecting at the very least a similar volume of work for the upcoming year. Twelve practitioners are recommended for their insolvency and restructuring expertise.

Franchise Marketplace Analysis

France has a well-established franchise market, which according to the European Franchise Federation has become one of the largest in Europe. This dynamic market continues to experience steady growth, averaging at 10 per cent annually since 2000, according to the International Franchise Association. The legal market for this area of law is sophisticated, and in this chapter we single out six highly regarded individuals who are in demand for their expertise.

Environment Marketplave Analysis

In October 2013, France’s constitutional court upheld a law prohibiting fracking for shale gas. The French environment minister described it as “a judicial victory but also an environmental and political victory”. Further developments include discussion over a bill that aims to integrate the concept of “ecological damage” in the civil code. In this chapter, we identify 18 lawyers.

Energy Marketplace Analysis

In September 2013, Prime Minister Jean-Marc Ayrault announced the conclusion of discussions on France’s energy transition. The ambitious plans aim to use revenue earned by the existing nuclear power plants to fund the move to an energy mix including more renewables. The energy transition will be enshrined in a law and presented in spring 2014. In this chapter, we feature 21 energy specialists.

Corporate Tax Marketplace Analysis

Over the past few years the country has witnessed significant tax increases and new regulations and legislation, resulting in more work for practitioners. With clients operating in an increasingly constrained environment due to the French and international authorities crack down on tax evasion and fraud; the area has become more complex and the risk of adversity and controversy has become much greater. In this chapter we select the 46 most highly sought-after practitioners in the country who have the experience and abilities to navigate clients through these difficult times.

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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.

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