Bredin Prat > Paris, France > Firm Profile

Bredin Prat
53 QUAI D'ORSAY
75007 PARIS
France

France > Dispute resolution: Commercial litigation Tier 1

Bredin Prat’s team attracts instructions for high-end litigation skills from blue-chip French and international companies as well as investment funds for high-stakes corporate litigation and shareholder conflicts. The team regularly acts in challenging litigation involving top-listed French companies in state-of-the-art commercial and financial litigation and also regularly handles antitrust follow-on and bankruptcy-related work. It has been retained recently to act in one of the country's first judicial recourses initiated on the basis of France’s still recent duty of vigilance law. The practice is led Sébastien PratJean-Daniel BretznerFlorian Bouaziz and Eve Duminy, with counsels Calmann Bellity  and Tom Vauthier providing further support.

Practice head(s):

Didier Martin; Jean-Daniel Bretzner; Florian Bouaziz; Sébastien Prat; Ève Duminy

Other key lawyers:

Calmann Bellity; Tom Vauthier

Testimonials

‘Jean-Daniel Bretzner has an encyclopedic knowledge of many areas of law which is extremely valuable in putting risks into perspective and contributing to informed decision-making. He also has a real ability to innovate in procedural strategies and to fight to the end for his clients. His colleagues are also of excellent quality.’

‘Extremely strong team, smart, responsive, clear thinking, clear communication and very proactive. The team is quick to understand issues and provides sensible and timely advice.’

‘Ève Duminy, Jean-Daniel Bretzner and Tom Vauthier are very smart and clearly know procedures and best practices, are quick to assess and analyse information and relay it to clients.’

‘The firm is a true litigation powerhouse. The team has excellent technical and writing skills and looks deep into legal issues.’

‘Florian Bouaziz is an excellent litigation partner.’

‘Extensive experience, significant strength, very high writing and litigation management skills.’

‘Florian Bouaziz: excellent for shareholder conflicts, stock market law, liability of directors; accustomed to summary proceedings and long-term cases. Jean-Daniel Bretzner is very good and a specialist in unfair competition and civil and commercial procedure with a lot of experience. Ève Duminy: brilliant in high-stakes litigation.’

Key clients

Air Liquide

Airbnb

Altarea

beIN

Christian Dior Couture/LVMH

DAF

Danone

Edenred

EDF

Filmed

Foncia

Groupe Atlantic

Ineos

JC Decaux

Lactalis

Nike

NJJ

Schneider Electric

Transition

Work highlights

  • Assisting Group Atlantic in the context of a litigation between shareholders.
  • Advising the French luxury fashion brand, Dior, in connection with a multijurisdictional litigation concerning the breach of a worldwide exclusive license agreement and unauthorised sales operations.
  • Advising NJJ press (a company controlled by Xavier Niel) in connection with the composition of the capital of the controlling holding company of Le Monde group.

France > Dispute resolution: Stock market litigation Tier 1

Bredin Prat is a leading name in the field. A perfect fit to the firm’s high-end public M&A practice, the litigation team intervenes in headline public takeover battles concerning the country’s most high-profile companies. The team also acts for leading listed companies in dealing with sensitive shareholders’ conflicts and governance issues, while its range of expertise also extends to assisting listed companies, executives and other financial players facing AMF-led stock-market breach investigations. Key names in the team include litigators Jean-Daniel Bretzner and Florian Bouaziz  and white-collar expert Eric Dezeuze.

Practice head(s):

Didier Martin; Jean-Daniel Bretzner; Florian Bouaziz; Eric Dezeuze; Guillaume Pellegrin; Sébastien Prat; Ève Duminy

Key clients

Air Liquide

Alta Percier, Altarea et Altarea Management

Celanese

EDF

Imerys

NJJ

Schneider Electric

Simon Property Group

Sodexo

Work highlights

  • Advising NJJ press (a company controlled by Xavier Niel) in connection with the composition of the capital of the controlling holding company of Le Monde group.
  • Advising Altarea  within the context of a litigation initiated by the shareholders of the holding company of the Primonial group and a number of individual investors following the failure of the proposed acquisition of Primonial by Altarea.
  • Advising Electricité de France (EDF) on all litigation in the context of the simplified takeover bid launched by the French State for shares and bonds convertible into and/or exchangeable for new and/or existing shares of EDF.

France > Dispute resolution: White-collar crime Tier 1

Bredin Prat is a recognised market leader and handles a strong share of headline cases including several of France’s most high-profile criminal tax law disputes. Acting for leading banks and many major French and international companies or their top executives, the firm is also entrusted to handle high-stakes industrial scandals and accidents, bribery, financial criminal law and criminal employment law offences. Recently, the team has also been retained to handle a highly sensitive accusation concerning complicity in a crime against humanity; a new emerging type of offence in the French business world. Eric Dezeuze   is an expert in the field and Guillaume Pellegrin is the other key player in the team.

Practice head(s):

Eric Dezeuze; Guillaume Pellegrin

Testimonials

‘Guillaume Pelegrin has great knowledge of criminal law and of business corporations, which allows him to prepare cases very carefully. He has extensive experience advising on the wording of Judicial Conventions of Public Interest (CJIP).’

Key clients

Aéroports de Paris (ADP)

Uber

McDonald’s

Unilabs

Crédit Suisse

France > Employment Tier 1

At the forefront of several groundbreaking deals, Bredin Prat is a dominant force in the employment market specialising in the labour aspects of M&A, litigation and standalone matters. The team has notable expertise in the areas of layoffs, council and union negotiations, employee benefits and collective disputes. Practice head Pascale Lagesse is routinely instructed by corporate clients on all aspects of employment law. Cyril Gaillard is a key contact for employment litigation and criminal issues relating to employment law, and social security law and Laetitia Tombarello focuses on employment matters arising from cross-border M&A as well as corporate transactions.

Practice head(s):

Pascale Lagesse

Other key lawyers:

Testimonials

‘Professionalism, responsiveness and customer support.’

‘Excellent technical mastery; availability, flexibility; pragmatism’

‘In my working relationship with Bredin Prat, I have particularly appreciated the reactiveness, the solution oriented approach and the quality of the deliverables of the team.’

‘Laetitia Tombarello is an excellent professional, listening, giving advice, easy to reach out and fully reliable.’

‘Excellent strategic approach and support. Fluid and efficient collaboration mode’

‘Quality of listening, understanding of business issues and ability to provide best advice.’

Key clients

Banque Fédérative du Crédit Mutuel

Casino

Covéa

Famille Despature

Firmenich

General Electric

KKR

SNCF

Stellantis

Viatris

France > EU, competition and distribution Tier 1

Bredin Prat is renowned for the breadth and depth of its EU and competition law offering, which covers the full spectrum of merger control, cartel, vertical restraints and abuse of dominance investigations, follow-on damages actions and state aid issues. The team acts for an impressive roster of blue-chip French and international clients in cases at both the national and EU level; recent highlights include Olivier Billard and Yelena Trifounovitch's advice on two of the three phase II merger control matters currently pending before the FCA and Igor Simic's successful representation of Casino in a high-profile ECJ case. The sizeable team also includes Marie-Cécile Rameau, a key name for antitrust litigation, and Pierre Honoré and Arthur Helfer, who divide their time between Paris and Brussels.

Practice head(s):

Olivier Billard; Igor Simic; Marie-Cécile Rameau; Yelena Trifounovitch; Pierre Honoré; Arthur Helfer

Other key lawyers:

Yohann Chevalier

Testimonials

‘Marie-Cécile Rameau is very highly skilled, responsive and easy to contact.’

‘Pierre Honoré develops an in-depth view of the market and a good understanding of economic subjects. His work is of a very high quality.’

‘This team has cutting-edge expertise in competition and European law. We benefitted from very precise advice and the partner with whom we collaborate is an excellent strategist.’

‘Pierre Honoré is an excellent lawyer, renowned for his technical expertise and strategic advice.’

‘The team is highly skilled in French competition law and is able to advise and refer to other areas of expertise which may be needed in competition investigations and litigation. They go the extra mile to get to the best possible end result.’

‘I appreciate working with Yelena Trifounovitch. Apart from her competition law expertise, I truly appreciate the fact that she is crisp and clear and to the point in her advice. This helps manage internal stakeholders and saves time (and money).’

‘Probably the best competition law team in Paris due to its depth and quality.’

‘Yelena Trifounovitch stands out for her quality, her investment in the case, and her daily and meticulous involvement in the files.’

Key clients

Airbus

Air Liquide

Apple

beIN Sports

Casino

Coca-Cola

DAF

Danone

De Longhi

D’Ieteren

Edenred

EDF

Eurazeo

Fnac Darty

Fleury Michon

FDJ (Française des Jeux)

France Télévisions

Google

iliad

JCDecaux

Lactalis

Legrand

Longchamp

LVMH

Luxottica

Meta

Nike

Orange

Philips

Schneider Electric

Sonatrach

Suez

Uber

Unilever

Work highlights

  • Advising Aéroports de Paris (ADP) and Select Service Partners and French agrifood group Euralis on two out of the three merger control Phase II cases currently pending before the French Competition Authority.
  • Advised French supermarket group Groupe Casino before the EU General Court and the Court of Justice on a challenge to the legality of the European Commission’s dawn raids in its Casino/Intermarché investigation and secured a historic win for the client.
  • Defended Dutch truck manufacturer DAF in c. 80 damages claims in France in the high-profile trucks cartel litigation and secured the first major win for DAF across Europe, with the dismissal at first instance of the first of these claims in France.

France > Mergers and acquisitions Tier 1

Bredin Prat is a powerhouse M&A firm that acts on high-end transactions involving France’s blue-chip companies and often the French state, as exemplified recently by its advice to EDF on its nationalisation by the French state. Its public M&A expertise makes it a key adviser to many of France’s leading companies for corporate deals and strategic corporate governance issues. The firm's involvement also extends to private M&A and cross-border transactions. Patrick Dziewolski,  Benjamin Kanovitch and Olivier Assant  are standout names. Other strong advisers in the team include Sophie Cornette de Saint Cyr, Kate Romain, Matthieu Pouchepadass, Barthélémy CourteaultEmmanuel MassetJean-Benoît Demaret and Clémence Fallet .

Testimonials

‘The M&A team is extraordinary. They are very capable and well suited.’

‘Bredin’s know-how no longer needs to be demonstrated; the quality of the work continues to be exceptional.’

 ‘Olivier Assant is an exceptional lawyer, very attentive and always “solution-oriented”, with an always renewed interest in his clients’ activity.’

 ‘Patrick Dziewolski: outstanding negotiator, excellent ability to find innovative solutions to address particularly complex issues.’

‘Benjamin Kanovitch is undoubtedly one of the best M&A lawyers today. His technical skills are exceptional but he is also close to his clients, very available and a good negotiator.’

‘Barthélémy Courteault is calm, efficient, available and competent. He knows how to adapt to the different situations of a transaction.’

‘Sophie Cornette de Saint Cyr stands out for the quality of her work, the sureness of her judgement, but also, which is particularly rare, a simplicity of relationships which is very pleasant. She is imaginative, ultra precise, responsible.’

 ‘Matthieu Pouchepadass is top-notch, an excellent negotiator, focuses on the things that matter, and his involvement always helps to make the deal happen in the best possible terms for the client within market standards. ’

Key clients

Alfa Laval

Casino Guichard-Perrachon (Casino Group)

CGI

Dermapharm AG

Despature Family

Eiffage

Eramet

GE (General Electric)

iliad

Artémis Domaines / Maisons Bouchard et Henriot

Ramsay Santé

Rothschild & Co

Stellantis

Technicolor Creative Studios

Ineos

Crédit Mutuel

Nexity

Work highlights

  • Advising Rothschild & Co and Concordia, the holding company of the Rothschild family and Rothschild & Co’s largest shareholder, in connection with the take-private of Rothschild & Co, by Concordia for €3.8 billion.
  • Advised Stellantis in connection with the sale of its remaining 25% stake in GEFCO (now Ceva Logistics) to the CMA CGM Group.
  • Advised EDF (Electricité de France), the French multinational electric utility company, in connection with the acquisition by the French State by way of a simplified takeover bid, of 100% of EDF’s shares capital.

France > Tax Tier 1

The tax practice at Bredin Prat is highly regarded for its assistance to domestic and international companies and investment funds on issues pertaining to M&A, private equity, real estate transactions and corporate restructurings. In addition, the team assists clients with tax controversies and is well versed in defending clients before the tax courts. On the private client front, the team handles the structuring of real estate investments through French-listed real estate investment companies. It is particular active in the technology, banking, automotive, luxury, food, TMT and retail sectors. The team is led by Yves Rutschmann whose expertise is highly regarded. Sébastien de Monès, Anne Robert, Pierre-Henri Durand and Julien Gayral are also key members of the practice and have significant experience handling M&A, private equity and real estate transactions. Jean-Florent Mandelbaum is knowledgeable of reorganisations and Victor Camatta is a key name for tax litigation and audits.

Practice head(s):

Yves Rutschmann

Testimonials

‘Bredin Prat’s tax teams provide very high quality services, with a remarkable level of technical expertise.’

‘the tax department provides detailed, quality responses. Security and schema compliance set them apart. The team combines high-level specialization in tax law, remarkable quality and a very effective collaborative approach.’

‘Anne Robert is a lawyer who demonstrates great intellectual rigor in her consultations. She knows how to be responsive for her clients while guaranteeing high file security.’

‘The team is of superlative quality, business oriented and has an outstanding reputation with the tax authority.’

‘Efficiency, intelligence, their ability to reason on the most difficult subjects. They are far ahead of their competitors on tax engineering issues.’

‘The team is multidisciplinary, always available and able to respond promptly to difficult problems. The in-depth knowledge and great experiences of the members of the team enable them to provide unique insights and perspectives.’

‘Julien Gayral is an expert in the field and always available. He is able to offer sound and detailed legal advice customised to the client’s strategy. He is technically very strong’

Key clients

Altitude

AXA

Banque Fédérative du Crédit Mutuel

BPCE

Covea

Dentressangle

EDF

EssilorLuxottica

Eurazeo

Five Arrows Principal Investments

General Electric

KKR

LVMH

Microsoft

Netflix

Rothschild & Co and Concordia

Sagard

Stellantis

Sienna IM

Téthys

Transition

Ubisoft and Guillemot family

Work highlights

  • Advised EDF on the tax aspects of the public offer launched by the French state to acquire the shares of EDF that it does not hold yet (approximately 16%), to be followed by EDF’s delisting.
  • Advising Rothschild & Co and Concordia, the holding company of the Rothschild family and Rothschild & Co’s largest shareholder, on the tax aspects of the pending take-private of Rothschild & Co by Concordia by way of a tender offer for the Rothschild & Co shares at €48.0 per share with dividends attached and the request of the implementation of a squeeze-out.
  • Advised Stellantis on the tax aspects of the repurchase of 69.1 million Stellantis shares from General Motors, representing approximately 2.2% of Stellantis’ share capital.

France > Administrative and public law Tier 2

Bredin Prat is retained by some of the market’s largest French and international corporations to assist with highly strategic matters including assisting companies undertaking innovative projects and seeking to challenge the country's current legal framework (notably in the field of energy and transport). The public law team also provides key support to the M&A practice, advising on strategic foreign investment autorisations, or strategic corporate restructuring concerning public sector entities or publicly listed companies with French state ownership. The team also advises on environment and public procurement work. Yann Aguila is a top name in the field. He is supported by senior associates Guillaume Léonard and Gabrielle Reddé who joined in June 2023.

Practice head(s):

Yann Aguila

Other key lawyers:

Testimonials

‘Gabrielle Reddé stands out for her responsiveness, curiosity and ability to explore innovative financing schemes.’

‘In-depth expertise in public law. High quality.’

‘Gabrielle Reddé is very bright and competent. She is able to find the right solutions and argue the right interpretations. She is very attentive to the customer and always willing to listen.’

‘Gabrielle Reddé has extensive knowledge of the law applicable to the opening of the rail market in France and Europe.’

‘One of the best teams on the market.’

‘Excellent knowledge of public law. Very good listening to customers and other parties.’

‘Gabrielle Reddé, through her broad knowledge of infrastructure and energy subjects.’

‘Exceptional responsiveness and very high level of responses provided. Guillaume Léonard: expert in administrative law, very available and highly adaptable to unusual contexts.’

Key clients

Aéroports de Paris (ADP)

COJO Paris 2024 (Organizing Committee for the Olympic Games of Paris 2024)

UBS

General Electric

Ineris

Groupement de compagnies aériennes (Vueling, Ryanair, EasyJet, British Airways, Iberia)

RTE

SNCF

Solar Impulse Foundation

Suez

Volotea

Lime

Pernod Ricard

Association interprofessionnelle des fruits et légumes frais (Interfel)

Groupe de presse Les Echos/Le Parisien

GreenYellow

INAPORC

SAPMER

La Maison Ginestet

KKR

BlueCo (investor consortium including Clearlake Capital)

DAF

Pacific Mobile Telecom

INEOS

CVE

JCDecaux

Mediawan

UGC

ACN (Alliance Carton Nature)

Work highlights

  • Advising a group of airline companies over the filing of legal proceedings before the French Administrative Supreme Court, in order to challenge the failure of the French State to provide an adequate legal framework concerning air traffic controllers’ right to strike.
  • Advised RTE, the French transmission system operator, on possible legal ways to accelerate permit processes linked to renewable energies projects.
  • Advised JCDecaux on filing a claim before the French Administrative Court against the national competition authority (Autorité de la concurrence) in order to protect business secrets.

France > Banking and finance: transactional work Tier 2

Bredin Prat his regularly sought out by corporations, as well as shareholders, sponsors and investment funds on corporate and acquisition financing. The team is particularly strong advising on combined banking and bond loan financing deals, and has strong experience advising on financing facilities granted in the context of public M&A and securities deals including IPOs. The team also assists with debt refinancing as well as LBO and private equity financing deals. Raphaële Courtier leads the practice, which includes Samuel Pariente  and Karine Sultan.

Practice head(s):

Raphaële Courtier

Other key lawyers:

Testimonials

‘Great responsiveness. Pragmatic. Experts.’

‘Raphaële Courtier: excellent expertise and negotiation skills, great assistance in decision-making.’

‘It’s a small, close-knit team. Internal relationships are fluid and very respectful, which is perceptible in customer relations. The monitoring of successive versions of contracts is carried out perfectly until signature with excellent use of the tools.’

‘Raphaële Courtier has excellent market expertise. She combines technical expertise with great negotiating skills. Discussions always take place in a peaceful, constructive and respectful manner with the opposing party. She seeks simplicity and clarity in the drafting of contracts.’

‘Excellent communication. Samuel Pariente provides clear and concise advice, is available and attentive to clients.’

Key clients

1000mercis

Alstom

Apax Partners

Casino

Five Arrows Principal Investments

Fnac Darty

Groupe Arnault/LVMH

Groupe Courir

iliad

Monnoyeur

NJJ Telecom Europe

Rothschild & Co

Sagard

Scutum

Sonepar

Ubisoft

Vantiva

Visiativ

Rothschild

Compagnie Lebon

Mirakl

Work highlights

  • Advising Rothschild & Co Concordia on the financing aspects regarding the pending take-private of Rothschild & Co by Concordia.
  • Advised Somfy/The Despature Family in connection with ta €1bn facilities agreement.
  • Advised Iliad in connection with the placement of three bank financing facilities (aggregate value of €5bn).

France > Capital markets: equity capital markets Tier 2

Leveraging its top public M&A practice and client base, Bredin Prat’s capital markets team predominantly advises corporate clients on IPOs, share offerings, convertible and bond issues. The team was notably involved in the few high-profile IPOs in  France in 2023 and regularly assists clients with large public M&A deals. Olivier Saba leads the practice. Of note, the firm also has a leading complementary stock-market litigation practice.

Practice head(s):

Olivier Saba

Testimonials

‘Very competent.’

Key clients

Mersen

Casino

Technicolor Creative Studios

EDF

Fnac Darty

Saint-Gobain

Stellantis

Vantiva

Ubisoft

Johnson & Johnson

Work highlights

  • Advised Vantiva (previously Technicolor) in connection with the IPO of its visual effects and creative animation technologies subsidiary, Technicolor Creative Studios (TCS), on Euronext Paris.
  • Advising Mersen Group in connection with its share capital increase with preferential subscription rights for existing shareholders in France.
  • Advising Johnson & Johnson Innovation (JJDC) on its equity investment and global licensing agreement with Nanobiotix.

France > Dispute resolution: International arbitration Tier 2

Bredin Prat runs a balanced practice handling commercial and investment arbitration and is entrusted by many of France’s leading corporations while also regularly acting alongside state entities in investment disputes (Morocco, Lebanon and Egypt are key clients). The firm’s caseload is highly diverse, spanning energy price review, telecoms, construction, commercial contracts and post-M&A disputes. It also regularly manages matters relating to Eastern Europe. Of particular note, the team recently earned a groundbreaking victory for the state of Malaysia in set-aside proceedings concerning a $15bn arbitration award. Raëd FathallahJosé María PérezTim Portwood,  Marina Weiss and Laura Fadlallah are key names.

Practice head(s):

Raëd Fathallah

Other key lawyers:

Testimonials

‘Raëd Fathallah: excellent client skills, always keen to help and a very fair-minded arbitrator. Good knowledge of the law.’

‘A stellar and leading practice in international arbitration. They have an exceptionally strong team of very experienced individuals who provide advice which is always incisive and exactly on-point. They benefit from great global coverage. They always do the utmost to secure a win for their clients. Their client service is second to none. Consummate ability at handling extremely difficult cases in challenging jurisdictions.’

‘Timothy Portwood and Marina Weiss. Both are excellent. Tim Portwood is a leading international figure in this field, a virtuoso lawyer at the absolute top of his game. He is an absolutely superb tactician and a fantastic lawyer overall. He has a masterly command of the subject and has unrivalled knowledge of the detail of each of his cases. He displays absolute charm with his clients. He is very charismatic and clients love him. Most importantly, he gets great results. ‘

Marina Weiss is a new star in the firm. She is dedicated, totally unflappable and exudes confidence. She has endless energy and works tirelessly to achieving the best result for her clients. ’

‘Laura Fadlallah is committed, very competent and available’.

‘The arbitration team at Bredin Prat is the safest pair of hands in Paris. Their deep knowledge of arbitration law is exceptional and their first-class practice is enhanced by their local connections in the French and international arena. They always put the interest of their clients first.’

‘Tim Portwood is an exceptionally smart lawyer who offers the best of the common and civil law traditions. This combined approach to multijurisdictional matters is immensely valuable.’

‘Laura Fadlallah is a rising star in Paris who will surely make her way to the top in no time. She is an absolute pleasure to work with. She has a practical and down to earth approach but stands firm in defending her client’s best interest above any other consideration.’

Key clients

Malaysia

The Kingdom of Morocco

The Lebanese Republic

The Arab Republic of Egypt

BRIF TRES d.o.o. Beograd

BRIF-TC d.o.o. Beograd

Work highlights

  • Representing the State of Malaysia in the appeal proceedings regarding an exequatur order of a partial award and set-aside proceedings against a $15bn award.
  • Representing the Kingdom of Morocco in an ICSID arbitration initiated by a French cable network construction company and one of its Moroccan subsidiaries.
  • Representing the Lebanese Republic in annulment proceedings of an ICSID arbitration case.

France > Insolvency Tier 2

Bredin Prat’s restructuring and insolvency practice draws upon the strengths of various departments within the firm, bringing experience to the forefront in managing high-profile domestic and cross-border financial restructuring, distressed M&A transactions, insolvency cases, and litigation matters. Co-led by Olivier Puech and Nicolas Laurent, the team operates across a broad spectrum of sectors, including construction, financial services, energy, media, and technology. Its advisory portfolio encompasses guiding investors in asset takeover deals and assisting shareholders in selling interests in distressed companies while also actively participating in litigation proceedings.

Practice head(s):

Olivier Puech; Nicolas Laurent

Other key lawyers:

Karine Sultan; Mathilde Sigel

Testimonials

‘Always available, extremely close to the business. Calm under high pressure and extremely clear and precise in their advice.’

‘Nicolas Laurent is very experienced and has a hands-on approach.’

‘This is one of the best teams in the market in terms of restructuring, with high-end service and constant involvement. The team stands out because it brings together one of the best practitioners in terms of preventing difficulties (Nicolas Laurent), an expert in collective procedures and associated litigation (Olivier Puech) and finally one of the very best in terms of financing (Karine Sultan).’ 

‘Nicolas Laurent is a leading restructuring lawyer. Extremely intelligent, energetic and pugnacious, he excels in complex files where his technical expertise and involvement clearly make the difference.’

‘Karine Sultan is an extraordinary lawyer, calm, firm and to the point, she reassures her clients and has total mastery of the subjects.’

‘Olivier Puech is incisive, precise and outstanding, he is probably the best litigation lawyer in corporate restructuring.’

‘Very seasoned restructuring team, mastering all aspects of collective proceedings in France, both in and out of court.’ 

‘Always available to brainstorm on strategic and tactical next moves, and very fast to integrate our objectives/goals into the management of the case.’

Key clients

Amer Sports Corporation

April

Areva

B&M

Casino Guichard-Perrachon

Blade

Buffalo Group

CCI Paris Île de France

DHL

Eramet

Groupe Bertrand

Jaccar Holding

Love & Food

Marne & Finance

Potel et Chabot

STS Group

Stellantis

Despature Family / Damartex

France > Private equity: LBO Tier 2

The skill set of the ‘commercial, knowledgeable, responsive and hard-working’ team at Bredin Prat spans cross-border M&A, international financing, and securities matters. Key contacts include 'highly effective communicator and negotiator' Olivier Assant, who specialises in M&A, corporate governance, and securities matters; 'commercial and hands-on partner’ Adrien Simon; and Florence Haas, who handles market consolidation transactions, public takeovers and LBOs. Barthélémy Courteault has particular experience with regards to M&A involving the infrastructure and energy sectors and Clémence Fallet majors on corporate governance.

Testimonials

‘Commercial, knowledgeable, responsive and hard-working.’

‘Olivier Assant is very commercial and a highly effective communicator and negotiator. Adrien Simon is incredibly hard-working, very knowledgeable, and similarly a great communicator.’

‘Very dynamic and creative team.’

‘Adrien Simon is a very commercial and hands-on partner.’

‘The team can mobilize quickly, quickly understands the subjects/issues; always responsive.’

‘Adrien Simon is always responsive, listens to his client, anticipates possible points of friction and offers solutions when there are blocking points. He puts the files into perspective in the light of the knowledge he has of his client. He surrounds himself with an efficient and well-coordinated team.’

Key clients

Alfa Laval

Casino Guichard-Perrachon (Casino Group)

CGI

Dermapharm AG

Despature Family

Eiffage

Eramet

GE (General Electric)

iliad

Artémis Domaines / Maisons Bouchard et Henriot

Ramsay Santé

Rothschild & Co

Stellantis

Technicolor Creative Studios

Ineos

Crédit Mutuel

Nexity

Work highlights

  • Advised Rothschild & Co and Concordia, the holding company of the Rothschild family and Rothschild & Co’s largest shareholder, in connection with the take-private of Rothschild & Co, by Concordia for €3.8bn.
  • Advised Stellantis in connection with the sale of its remaining 25% stake in GEFCO (now Ceva Logistics) to the CMA CGM Group.
  • Advised EDF, the French multinational electric utility company, in connection with the acquisition by the French State by way of a simplified takeover bid, of 100% of EDF’s shares capital.

France > Banking and finance: Bank regulatory Tier 3

At Bredin Prat, Béna Mara heads the firm’s financial services and insurance regulation practice, offering key support to the firm’s M&A practice in the financial services area where she regularly advises on top transactions. She also leads a very solid stand-alone practice, assisting financial institutions, insurance and mutual insurance and banking companies, as well as several fintech companies.

Practice head(s):

Béna Mara

Testimonials

‘Bena Mara is an excellent lawyer. Very client-oriented and sophisticated. From a technical perspective, she is outstanding.’

Key clients

Stellantis

Dexia Credit Local

Credit Mutuel

BPCE

Natixis

Rothschild & Co

PPS EU

KKR

Evercore

Eurazeo

Covéa

Aviva

La Mutuelle Générale

France > Compliance Tier 3

Bredin Prat routinely assists clients with setting up procedures concerning the prevention of corruption and breach of the duty of integrity, duty of vigilance and internal anti-money laundering procedures, in addition to conducting internal investigations relating to internal control procedures. Éric Dezeuze, who advises companies on AFA controls, jointly leads the team alongside Guillaume Pellegrin, who acts for multinational corporations in litigation concerning the duty of vigilance.

Practice head(s):

Éric Dezeuze; Guillaume Pellegrin

Key clients

Imerys

Eramet

KKR

Bredin Prat is a leading law firm with a reputation for excellence in each of its practice areas: corporate/M&A, securities law, litigation and international arbitration, tax, competition and European law, banking and finance, restructuring and insolvency, employment, public and tech law.

Founded in 1966, the firm was first renowned for its expertise in litigation and arbitration, and, in the 1980s, began to expand its corporate law practice, a field in which it is now an undisputed market leader. This dual specialization enables the firm to handle a wide range of transactions and litigation matters for clients of all nationalities.

With over 200 lawyers in Paris and Brussels, Bredin Prat has successfully grown while preserving the firm’s culture and remaining committed to the highest standards of excellence.

Bredin Prat’s success is due, first and foremost, to its partners’ unequivocal and undisputed dedication to providing its clients with the highest level of expertise, placing the firm in a class of its own.

The ratio of associates to partners on each matter is among the lowest in the profession – evidence of the firm’s commitment to excellence.

For international and cross-border work, Bredin Prat lawyers work in integrated teams with lawyers from the firm’s Best Friends, a core network of independent firms from among the best in their respective jurisdictions. Today this network comprises 2,700 lawyers in 37 offices worldwide.

Department Name Email Telephone
info@bredinprat.com
Photo Name Position Profile
Yann Aguila photo Mr Yann Aguila Partner
Karine Angel photo Ms Karine Angel Counsel
Mathieu Arnault photo Mr Mathieu Arnault Counsel
Olivier Assant photo Mr Olivier Assant Partner
Calmann Bellity photo Mr Calmann Bellity Counsel
Olivier Billard photo Mr Olivier Billard Partner
Alexander Blackburn photo Mr Alexander Blackburn Partner
Marine Blottiaux photo Ms Marine Blottiaux Counsel
Florian Bouaziz photo Mr Florian Bouaziz Partner
Jean-Daniel Bretzner photo Mr Jean-Daniel Bretzner Partner
Victor Camatta photo Mr Victor Camatta Counsel
Giulia Carbone photo Ms Giulia Carbone Counsel
Douceline Chabord photo Ms Douceline Chabord Counsel
Yohann Chevalier photo Mr Yohann Chevalier Counsel
Sophie Cornette de Saint Cyr photo Ms Sophie Cornette de Saint Cyr Partner
Barthélémy Courteault photo Mr Barthélémy Courteault Partner
Raphaële Courtier photo Ms Raphaële Courtier Partner
Juliette Crouzet photo Mrs Juliette Crouzet Counsel
Shane Daly photo Mr Shane Daly Counsel
Jean-Benoît Demaret photo Mr Jean-Benoît Demaret Partner
Eric Dezeuze photo Mr Eric Dezeuze Partner
Eve Duminy photo Ms Eve Duminy Partner
Pierre-Henri Durand photo Mr Pierre-Henri Durand Partner
Patrick Dziewolski photo Mr Patrick Dziewolski Partner
Myriam Epelbaum photo Ms Myriam Epelbaum Partner
Laura Fadlallah photo Ms Laura Fadlallah Partner
Clémence Fallet photo Ms Clémence Fallet Partner
Raëd Fathallah photo Mr Raëd Fathallah Partner
Jean-Baptiste Frantz photo Mr Jean-Baptiste Frantz Partner
Cyril Gaillard photo Mr Cyril Gaillard Partner
Julien Gayral photo Mr Julien Gayral Partner
Florence Haas photo Ms Florence Haas Partner
Alice Haddak-Latour photo Ms Alice Haddak-Latour Counsel
Arthur Helfer photo Mr Arthur Helfer Partner
Pierre Honoré photo Mr Pierre Honoré Partner
Martin Horion photo Mr Martin Horion Partner
Benjamin Kanovitch photo Mr Benjamin Kanovitch Partner
Pascale Lagesse photo Ms Pascale Lagesse Partner
Nicolas Laurent photo Mr Nicolas Laurent Partner
Nathalie Legendre photo Ms Nathalie Legendre Counsel
Jean-Florent Mandelbaum photo Mr Jean-Florent Mandelbaum Partner
Béna Mara photo Ms Béna Mara Counsel
Didier Martin photo Mr Didier Martin Senior Partner
Emmanuel Masset photo Mr Emmanuel Masset Partner
Chloé Méléard photo Ms Chloé Méléard Counsel
Samuel Pariente photo Mr Samuel Pariente Partner
Aurélie Patrelle photo Ms Aurélie Patrelle Counsel
Guillaume Pellegrin photo Mr Guillaume Pellegrin Partner
José María Pérez photo Mr José María Pérez Partner
Tim Portwood photo Mr Tim Portwood Partner
Matthieu Pouchepadass photo Mr Matthieu Pouchepadass Partner
Sébastien Prat photo Mr Sébastien Prat Partner
Olivier Puech photo Mr Olivier Puech Partner
Marie-Cécile Rameau photo Ms Marie-Cécile Rameau Partner
Anne Robert photo Ms Anne Robert Partner
Kate Romain photo Mrs Kate Romain Partner
Yves Rutschmann photo Mr Yves Rutschmann Partner
Olivier Saba photo Mr Olivier Saba Partner
Igor Simic photo Mr Igor Simic Partner
Adrien Simon photo Mr Adrien Simon Partner
Karine Sultan photo Ms Karine Sultan Partner
Laetitia Tombarello photo Ms Laetitia Tombarello Partner
Yelena Trifounovitch photo Ms Yelena Trifounovitch Partner
Tom Vauthier photo Mr Tom Vauthier Partner
Marina Weiss photo Mrs Marina Weiss Partner
Sébastien de Monès photo Mr Sébastien de Monès Partner
Number of lawyers : 200
Arabic
Bulgarian
Chinese
Dutch
English
Farsi
French
German
Hebrew
Hungarian
Italian
Polish
Romanian
Russian
Serbian
Spanish
Best Friends
Other offices : Brussels

Employment In France

Recent trends and developments in French Employment law

The year 2022, which saw the reelection of President Emmanuel Macron, has brought with it some changes to the French employment and HR landscape. The Macron damages scale for unfair termination was upheld by the French Supreme Court, French digital platform workers voted for employee representatives for the first time, and new legislation was implemented in order to enhance whistleblower protection.

1. The Macron scale upheld by the French Supreme Court

The French Supreme Court (“Cour de cassation”) rendered two significant decisions on May 11, 2022 that upheld the validity of the compensation scale for unfair dismissal, commonly known as the “Macron scale.”

The Macron scale was established in 2017 to set up minimum and maximum levels of damages for unfair dismissal based on the employee’s seniority and remuneration and the company’s headcount.

The French Constitutional Court held in 2018 that the Macron scale complied with the French Constitution.

However, its validity has since been challenged by various Employment Courts and Courts of Appeals on the grounds that it fails to comply with international law (in particular the International Labour Organisation (ILO) Convention) and European law, which imply that the employee be compensated for the total harm suffered and/or that the judge can order the payment of “adequate” compensation to the employee in case of unfair dismissal, on a case-by-case basis.

In the May 2022 decision, the Supreme Court ruled that the ILO Convention was directly applicable to domestic law but considered that the Macron scale was compatible with these texts for the following main reasons:

  • The compensation provided under the scale was adequate since it was sufficiently dissuasive to avoid an unfair dismissal taking notably into account other amounts that the employer could be ordered to pay in case of unfair dismissal.
  • The employer’s fault was taken into account, since the application of the scale is set aside when the dismissal is ruled null and void for one of the reasons defined by the law, namely: violation of a fundamental freedom, moral or sexual harassment, discrimination, etc.

The French Supreme Court also confirmed its opinion that the European Social Charter is not directly applicable to disputes between private individuals.

All in all, the Supreme Court has upheld that the Macron scale cannot be set aside by the courts (except for cases of null and void dismissal), even on a case-by-case basis. This decision therefore provides legal certainty to companies when dismissing employees in that it allows them to know at the time of dismissal the maximum amount of compensation that may be awarded in the event of unfair dismissal.

However, the battle over the application of the Macron scale is not over:

  • The European Committee of Social Rights held in a March 23, 2022 decision (that was made public in October 2022) that the Macron scale runs afoul of the European Social Charter as the caps are insufficient, they do not serve as a deterrent and the courts have a limited scope of appreciation. However, this decision has no effect on French law as was recently made clear by the French Supreme Court.
  • Certain Employment Courts and Courts of Appeals are still trying to avoid applying the Macron scale, such as the Court of Appeals of Douai in a recent decision dated October 21, 2022.

2. Changes to the status and representation of Digital platform workers

Status of digital platform workers

Digital platform work has become a hot topic in France in recent years. Although self-employed platform workers who are registered with the Trade and Companies Register (RCS) are not deemed to be “employees” pursuant to the French Labor Code, the classification of platform workers is routinely challenged in court.

In an effort to overturn this presumption of non-salaried status, numerous lawsuits have been filed by self-employed workers who have attempted to demonstrate that they are in a subordinate relationship with the platform by highlighting the fact that the platform manages and supervises them and has the ability to issue sanctions.

Certain Labor Courts and even the Supreme French Court have ruled in some cases that the service provider contracts were employment contracts, which may also have criminal consequences in situations of undeclared work as recently judged by the Paris Criminal Court in a specific case.

The Courts usually considered that the existence of a subordinate relationship was demonstrated by the following elements:

  • management powers (as evidenced by the mandatory use of the company’s branded outfit, the rating of the driver’s skills according to a precise grid provided by the company, a schedule and a geographic area of activity determined by the company, etc.);
  • oversight and supervision powers (as illustrated by the use of geolocation data and the absence of negotiations regarding applicable rates);
  • disciplinary powers (as highlighted by the degree of measures to be taken in the event absenteeism (reminder of the rules, decreased rates, demotion in shifts, termination of the contract)).

In this context, the French government has already taken various steps in order to enhance the rights of digital platform workers.

Representation of digital platform workers

During Emmanuel Macron’s presidency, several attempts were made to establish a special legal regime for online platform workers.

The French Government adopted in April 2021 an ordinance implementing a system of collective representation of workers in the digital platform sector. It essentially allowed French platform workers to elect national representatives to initiate negotiations with the companies that own those platforms.

On April 6, 2022, a new ordinance was designed to strengthen the rights of self-employed workers working on mobility platforms i.e. drivers (known in France under the acronym VTC) and two-wheel delivery workers. This ordinance extended the rules governing social dialogue through three main mechanisms:

  • The terms of the representation of the professional digital platform organizations (drivers and two-wheel delivery workers) were defined.

In addition to the traditional criteria of representativeness (respect for traditional French values, independence, financial transparency, etc.), the ordinance requires a minimum voting score that is measured with regard to the number of workers registered on the platforms and the total amount of revenue generated by the platform. The elections of these representatives were held from May 9 to 16, 2022 under the supervision of a new public institution, the Authority for Employment Platform Social Relations (ARPE). Participation in these elections was particularly low: only 1.83% of two-wheel delivery workers and 3.91% of VTC drivers voted.

Two recent decrees of September 21, 2022 have enhanced the social dialogue mechanism for digital platforms.

The outcome of these negotiations should be carefully monitored over the coming months.

  • Collective agreements can now be concluded in each sector by representatives of workers’ trade unions and representatives of platform organizations. A collective agreement will be considered valid if it is signed by workers’ organizations representing more than 30% of the votes cast. Valid agreements may be made binding for all platforms and self-employed workers in the sector concerned by means of an approval from the ARPE.
  • It sets out new obligations for platforms, such as the obligation to disclose the location of the services offered and give workers a reasonable timeframe to decide whether or not to accept them. It also reinforces the independence of workers by prohibiting platforms from imposing the use of specific equipment, subject to regulations concerning health, safety and the environment, and guaranteeing them the right to freely choose their itinerary. The exercise of these rights may not be sanctioned by any measure, such as occasional disconnections or the suspension or termination of the VTC driver’s or delivery person’s commercial contract with the platform.

3. New whistleblower status in France

France’s whistleblower protection regime is derived from the law of December 9, 2016, commonly known as the “Sapin II Law.” The Sapin II Law is generally considered as the French anti-corruption gold standard.

The French Parliament has adopted new legislation to bring the country’s whistleblower protection framework in line with the EU Directive on Whistleblowing of October 23, 2019, which aims to unify the protection of whistleblowers across the EU.

A transposition law dated March 21, 2022 has made substantial changes to the existing provisions on whistleblower protection and includes other provisions that go beyond the minimum standard requirements of the Directive.

A broader definition of whistleblower

Several changes have been made to the definition of whistleblowers, which are individuals who “report or disclose, without direct financial compensation and in good faith facts regarding: (i) a crime or an offence, or (ii) a threat or prejudice to the general interest, or (iii) a violation or an attempt to conceal a violation of an international commitment duly ratified or approved by France, of a unilateral act of an international organization adopted on the basis of such commitment, or of EU or French legislation and regulation.

A whistleblower must no longer disclose the information “disinterestedly” but “without direct financial compensation” in order to benefit from the protection. The facts disclosed will no longer need to be “serious and manifest.” Finally, the need for the whistleblower to have “personal knowledge of the facts reported is removed with the “professional context.”

Extension of protection offered to “facilitators”

The scope of protection has also been extended, in particular, to cover “Facilitators” i.e., individuals or non-profit organizations (such as NGOs or trade unions), on which whistleblowers must be able to rely during the process.

The new law thus defines facilitators as “any natural person or non-profit legal entity under private law who assists a whistleblower in making a report or disclosure.

Elimination of “tiered reporting”

The system currently in force in France requires that an internal report first be filed at the company in order to qualify for protection. One of the most noticeable changes in the new system comes directly from the EU Directive which has eliminated this “tiered reporting” – i.e. the hierarchy between reporting channels called “internal channels”, “external channels” (i.e public authorities), or “public disclosure”. Internal and external reporting channels may now be used by whistleblowers in an alternative or cumulative way.

Moving away from the previous strict three-tiered reporting model, whistleblowers will now be allowed to:

  • report externally (with or without a prior internal report) to specific authorities or courts at the French or EU level, including as set out by a decree; and
  • disclose publicly in certain cases set out by law (in some cases, after at least an external report that was made did not lead to appropriate follow up actions).

Companies with more than 50 employees should note that the elimination of the priority given to internal reporting does not mean that the obligation to establish a specific process for collecting such reports has disappeared. In order to avoid damage to their reputations, companies should consolidate their internal line of whistleblowing, so that all whistleblowers give priority to the internal reporting channel.

Reinforcement of whistleblower protection

The types of protection that are currently in force in order to facilitate whistleblowing have been enhanced:

  • the list of prohibited types of retaliation against whistleblowers or their relatives has been consolidated to include intimidation and harassment; reputational damage (including online); financial losses (loss of business or revenue), etc.
  • the protection of whistleblowers against abusive proceedings has been strengthened (i.e the maximum fine has been increased to EUR 60,000 and the whistleblower may be awarded a provision for legal costs or, when his/ her financial situation has been seriously impacted as a result of the report or public disclosure, a provision for financial assistance (in French “subsides”);
  • the protection of whistleblowers in terms of liability has been extended so that they will not be criminally or civilly liable for damages caused by reporting publicly if they had reasonable grounds to believe that public disclosure was necessary to protect the interests at stake;
  • the guarantees of confidentiality are strengthened, in particular concerning “any third party mentioned in the alert.

The above changes entered into force on September 1, 2022. Companies will therefore need to adapt their existing whistleblower processes, policies and information notices to comply with these new requirements.

By Pascale Lagesse and Emilie Iafrate

Bredin Prat