Catherine Nommick, Partner at Bremens Avocats
Since July 31, 2024, public access to the Register of Ultimate Beneficial Owners (RUBO) is now limited to those having a legitimate interest.
Created in April 2021, this register enabled all citizens to easily find out the identity of the ultimate owners of French companies.
This restriction of access follows the invalidation by the Court of Justice of the European Union, on November 22, 2022, of public access to Ultimate Beneficial Owner information, for violation of the right to privacy and the right to protect personal data. EU Directive 2024/1640 of May 31, 2024 – the so-called “6th Anti-Money Laundering Directive- then restricted the conditions of access to this information.
The only persons who may now have access to the RUBO are as follow:
– The professionals and authorities referred to in Article L. 561-2 of the French Monetary and Financial Code. These include credit institutions and their branches, payment and credit institutions, insurance companies, the Banque de France and investment firms.
– Companies wishing to access information on their own Ultimate Beneficial Owners, as well as those demonstrating an interest in accessing the GDPR of their co-contractors, with a view to fulfil their compliance and know-your-customer obligations;
– Journalists, researchers and civil society players committed to financial transparency.
Requests for access to the RUBO must be submitted via the infogreffe platform, which will assess the legitimate interest of each category of person.
This new procedure aims to strike a balance between respect for privacy and business transparency.
BREMENS | AVOCATS presents the extension of amendment no. 2 of December 13, 2022 to the Syntec agreement on working hours.
This rider, now applicable to all companies in the branch from July 1, 2024, introduces significant changes concerning the conditions of access to the annual package in days, the monitoring of employees on package-days and the right to disconnect.
Find out all the details in the PDF by clicking here.
Valentine HOLLIER-ROUX
Florence GENELETTI
Elodie DUBUY
Camille VILLARD
Maÿlis de RAYNAL
BREMENS AVOCATS advised GROUPE FAHY, a well-known car dealership in western Lyon already present in Francheville, Messimy, Brignais, Craponne and Saint-Chamond, and its subsidiary M2S, on the acquisition from STELLANTIS of the CITROEN and DS car dealership in Saint-Etienne. Given the turnover of the companies involved, the transaction was subject to authorization by the French competition authority.
The BREMENS team comprised Rodolphe AUBOYER-TREUILLE, Charlotte VERNAY and Jean-Pierre VIENNOIS (partners), Solène SAINT-GENIS (senior lawyer), Joana PIPERNO (senior associate), and Léa ROQUETTE (associate).
[NEWS FLASH]
For doctors and medical practices:
Important information for employers applying the National Collective Bargaining Agreement for medical practice personnel.
As of June 2, 2024, all employers applying this agreement must imperatively:
🔹Increase all conventional minimum wages by 2%.
💡Please remember to check that the lowest salaries in your Cabinets comply with these minima.
Grant Extra Leave Days for Seniority for employees with at least 10 years’ seniority:
1 day for seniority of 10 to 19 years,
2 days for seniority between 20 and 29 years,
3 days for seniority over 30 years.
Please note: the seniority to be taken into account includes both that acquired with the current employer AND that acquired from a previous employer!
You need to take the time to organize how these new leave provisions will be applied, and for example:
🔹Defining the rules for incrementing these additional leaves,
🔹Review the procedure for requesting paid leave,
🔹Check that the parameters of your payroll software (or your payroll service provider) suit you and are adapted to the Firm’s practice.
We can help you draft or review your draft memos or company agreements.
The entire Employment Law team at BREMENS | AVOCATS is ready to help you implement these new provisions.
Camille VILLARD
BREMENS | AVOCATS is delighted to announce that five of its partners have been distinguished for 2025 by the international Best Lawyers ranking:
🏅 Valentine HOLLIER-ROUX, distinguished in the Labour and Employement law category
🏅 🏅 Amaury MARCHAND, distinguished in the Corporate Law and in the Mergers and Acquisitions Law category
🏅 Catherine NOMMICK, distinguished in the Corporate Law category
🏅 Stéphanie STAEGER, distinguished in the Banking & Finance category
🏅 Jean-Pierre VIENNOIS, distinguished in the Corporate Law category
The Best Lawyers ranking is established by the votes of our fellow lawyers, whom we thank.
And thank you to our customers, to whom we owe this distinction, thanks to the trust they place in us.
Bremens Avocats Notaires strengthens its employment law department with the arrival of Florence Geneletti as a partner in the Lyon office in the Cité Internationale.
“I was looking for a new professional challenge and a cross-disciplinary approach to legal matters. At the same time, Bremens was looking to expand its employment practice. Our plans came together at just the right time. I’m delighted to be joining Bremens Avocats as a partner, alongside Valentine Hollier-Roux, whose practices and ambitions are of the highest quality.
After initial experience as a litigator before the labour courts working alongside companies for eight years in a Lyon-based law firm, Florence Geneletti set up her own practice in 2015. A specialist in labor law since 2013, Florence Geneletti now supports VSEs/SMEs by meeting their day-to-day and strategic needs, both in consulting and litigation, in labor law and social security law.
Valentine Hollier-Roux, partner in charge of employment law at Bremens Avocats, is “delighted to welcome Florence Geneletti as a new partner, whose expertise and know-how are a real added value for the team and the firm”.
Bremens Avocats, with offices in Lyon and Paris, now has 16 partners.
We are delighted to announce that Jean-Pierre VIENNOIS, the founding partner of BREMENS | AVOCATS, was honored by the British magazine Lawyer Monthly as Lawyer of the year 2023, for France, in the Financial Law category (https://www.lawyer-monthly.com).
The purpose of the 1% Mont Blanc Endowment Fund (Fonds de dotation) (https://www.unpourcentmontblanc.com) is to support actions that enhance the region, the development of social and family ties, and economic and cultural initiatives in the Mont Blanc valleys.
BREMENS helped structure the project and set up the endowment fund. The team consisted of Marie ABBE (associate) and Jean-Pierre VIENNOIS (partner).
The firm had the pleasure of designing and creating the structure, raising 20 million euros from investors and investing the sums in various private equity transactions.
Structuring, equity transactions, financial law aspects: Jean-Pierre VIENNOIS, partner, Bertrand DUTAILLY and Joana PIPERNO, associates.
Equity investments:
– due diligence and other corporate law procedures: Serge CAMBIE, partner, Noémie POUGNET, associate.
– real estate due diligence: Rodolphe AUBOYER, partner, Léa ROQUETTE, associate.
BREMENS | AVOCATS was pleased to support investors LIFTT S.p.A., Crédit Agricole LHL Capital Innovation and UI Investissement – Metropoles Innovations in their acquisition of a stake in PrediSurge, a French company developing a precision medicine platform to help doctors better plan endovascular procedures.
PrediSurge raised €4,000,000 in its Series A financing round.
Bremens Avocats’ teams for this transaction included :
– M&A due diligence and legal advice: Serge CAMBIE (partner) and Anaïs FORTIN (associate),
– Social due diligence: Valentine HOLLIER-ROUX (partner) and Elodie DUBUY (associate),
– Tax due diligence: Thibault PILA (associate),
– Industrial property due diligence: Nicolas BOUCHE (associate).
The European Innovation Council (EIC) was advised by Eversheds Sutherland, LIFTT S.p.A. was also advised, for Italian legal aspects, by Sani Zangrando (Italian law firm), and, McDermott Will & Emery advised PrediSurge.”
