Tag Archives: works councils

Increased information obligations to employees in French company takeovers threaten transaction confidentiality

France has recently introduced new rules obliging smaller companies to provide increased information to their employees regarding prospective takeovers and ownership changes and also regarding opportunities for the staff to make acquisition offers themselves. The laws are a part of the Lois sur l’économie sociale et solidaire,a scheme of reforms designed to strengthen economic social … Continue Reading

Virtual Works Council meeting gets the Court’s seal of approval

In a decision dated 26 October 2011, the French Supreme Court unexpectedly held that meetings of Central Works Councils could, under certain circumstances, take place via videoconference. This case dealt with a ‘virtual meeting’ which was organized unilaterally by the management of L’Oréal Cosmétique, without obtaining the approval of the relevant trade union (la Confédération … Continue Reading