Article R210-4 of the French Commercial Code provides
Posted: Wed Jan 08, 2025 3:39 am
Adaptation of deadlines and jurisdictions
When situations external to the company adversely impact its economic stability, corporate law adapts by calibrating deadlines and jurisdictions. For example:
for the extension of the brazil phone data deadlines for publication of legal notices during periods of crisis;
relaxations in the methods of presentation of financial statements, exceptions to certain accounting rules, or even adjustments in audit procedures.
Ultimately, the adaptations of deadlines and jurisdictions have the main objective of reducing the pressure exerted by periods of imposed recession. But above all, this legal flexibility contributes to maintaining satisfactory commercial objectives for the survival of the company in an economically trying context.
Adaptation of corporate law
Corporate law itself is required to adapt to unforeseen situations that may impact companies' results. In order to enable them to maintain a minimum level of activity, Order No. 2020-321 of March 25, 2020 authorizes the extension of the terms of office of managers in order to maintain the continuity of the management of their company during the COVID-19 pandemic. This example perfectly illustrates the flexibility of corporate law . In addition, the MBA in International Business Law prepares you to become experts and future decision-makers whose mission is to perpetuate your company, whatever the context, and more particularly in the face of a crisis.
Exceptional government measures
During periods of crisis that can affect an economy, government mea
When situations external to the company adversely impact its economic stability, corporate law adapts by calibrating deadlines and jurisdictions. For example:
for the extension of the brazil phone data deadlines for publication of legal notices during periods of crisis;
relaxations in the methods of presentation of financial statements, exceptions to certain accounting rules, or even adjustments in audit procedures.
Ultimately, the adaptations of deadlines and jurisdictions have the main objective of reducing the pressure exerted by periods of imposed recession. But above all, this legal flexibility contributes to maintaining satisfactory commercial objectives for the survival of the company in an economically trying context.
Adaptation of corporate law
Corporate law itself is required to adapt to unforeseen situations that may impact companies' results. In order to enable them to maintain a minimum level of activity, Order No. 2020-321 of March 25, 2020 authorizes the extension of the terms of office of managers in order to maintain the continuity of the management of their company during the COVID-19 pandemic. This example perfectly illustrates the flexibility of corporate law . In addition, the MBA in International Business Law prepares you to become experts and future decision-makers whose mission is to perpetuate your company, whatever the context, and more particularly in the face of a crisis.
Exceptional government measures
During periods of crisis that can affect an economy, government mea