Publications
Transitional pce law: principles, reforms and current impact
By Raphaël MORENON29 October 2025New law and legal proceedings in progress? Find out whether the old or new rules apply to your seizure or recovery. Secure your rights easily!
Training
Models
Files
> The practice of seizing propertyA practical, chronological and exhaustive study of the implementation of a property seizure procedure.
We put all our expertise to work to achieve a simple objective: to prevent a property seizure.
Lender remuneration: interest rates, TEG and usury in banking and finance law
Le coût d'un crédit ne se réduit pas au taux d'intérêt affiché par la banque. Les frais de dossier, les commissions d'intermédiaires, l'assurance emprunteur ou encore les garanties viennent alourdir la facture réelle supportée par l'emprunteur. C'est pour assurer la transparence de cette charge globale que le législateur a imposé…The players in a securitisation transaction: roles, responsibilities and interdependencies
By its very nature and purpose, a securitisation transaction involves a number of players whose roles are distinct but closely interdependent. Understanding who does what, and why, is fundamental to understanding the structure of these financial arrangements. Far from being a simple transaction, securitisation is a veritable ecosystem in which...STS securitisation: simple, transparent and standardised for the European market
In the wake of the 2008 financial crisis, the word "securitisation" has long been associated with opaque and risky finance. Yet this financing tool remains essential to the economy, enabling banks and companies to transform illiquid assets such as loan portfolios into securities...Recovery of securitised receivables: issues and legal developments
The life of a receivable does not end with its transfer. When a company transfers a portfolio of receivables to a financing organisation as part of a securitisation transaction, a key question arises: who is legally entitled to claim payment from the debtor? The answer, far from being...The legal framework for securitisation vehicles in France: securitisation funds and securitisation companies
Securitisation is a sophisticated financial mechanism based on legal vehicles specifically designed to isolate assets and issue securities. For companies seeking to optimise their balance sheet or access new sources of finance, understanding how these entities work is essential. In France, special purpose vehicles...Securitisation: understanding this key mechanism in banking and finance law
La titrisation est une technique financière qui consiste à transformer des actifs peu liquides, comme des créances bancaires ou commerciales, en titres financiers négociables sur les marchés de capitaux. Elle permet au détenteur initial de ces actifs de se refinancer immédiatement, sans attendre leur échéance naturelle. Mécanisme structurant du droit…Article 1171 of the Civil Code: significant imbalance in the ordinary law of contracts of adhesion
The reform of contract law, orchestrated by the Order of 10 February 2016 and finalised by the Ratification Act of 2018, introduced a far-reaching provision into the Civil Code: Article 1171. This text extends the protection against clauses that create a significant imbalance beyond just...The performance bond: a sui generis personal guarantee for the performance of obligations
The execution surety, a mechanism that is often misunderstood by the general public, nevertheless represents a highly flexible personal guarantee. It forms part of an arsenal of protections available to creditors, as we discussed in our comprehensive guide to creditor guarantees in the law of obligations. Unlike security interests...Joint and several liability and indivisibility of obligations: key guarantees for creditors
When a creditor grants credit or enters into a contractual relationship, the main concern is to ensure that the debt is paid. The risk of debtor insolvency is an economic reality that can jeopardise the financial equilibrium of any business. Among the range of intrinsic guarantees available to creditors, such as...Action paulienne: the creditor's recourse against fraud organised by his debtor
When a debtor organises his insolvency in order to escape his obligations, the creditor may feel powerless. However, French law offers specific and powerful protection against such fraudulent manoeuvres: the action paulienne. Often overlooked by non-lawyers, it can render acts of wilful impoverishment ineffective. This article explains...
EN 
FR