View Single Post
  #1003  
Old Posted May 8, 2018, 10:07 AM
LondonParis LondonParis is offline
Registered User
 
Join Date: Mar 2012
Posts: 293
Found this article dating back from March but quite interesting. More good news for Paris and France in general.

Paris is set to become the new international law capital

Mathilde Aubinaud
Forbes.fr
March 14th 2018

https://www.forbes.fr/business/brexi...international/

(translated from French)


https://structurae.info/photos/15817...commerce-paris

"If everyone sees in Brexit an opportunity to make Paris the new financial center, it is rarely mentioned that the exit of Britain from the European Union should allow to give back to Paris an important place for legal issues, sector that weighs in France more than 31 billion euros according to a recent study of the French association of corporate lawyers. Back on these changes that should give a central place to the country that gave birth to the Civil Code."

[...]

"If the London courts have seized this opportunity for a long time and that London currently holds an important place for the resolution of international disputes, Brexit will change this situation, "said Jean-Michel Branche, a lawyer at the Paris Bar. "After Brexit, decisions made by the UK courts will no longer be directly applicable in the other EU Member States because they will be subject to an exequatur procedure. In other words, going through the London Law Courts, decisions will be implemented less quickly and at a much higher cost."
Reply With Quote