Business law and its different branches
The legal aspect of a company is closely related to its interests, but business law is vast. Depending on the size and nature of his activity, a manager will have an interest in surrounding himself with the right specialists in the various branches that will concern him.
Corporate law
Each company is affected by this branch of business law which includes the rules relating to its creation, operation and dissolution. It is important to control this right with regard to transactions affecting the capital of the company, such as the transfer, acquisition or collection of funds, which are accompanied by a legal process obligations: guarantee of the asset and liabilities, letter of intent, legal audit…
Competition law
This right is of great importance for companies whose economic survival depends on the good conduct of the players in its market. The law punishes on a case-by-case basis practices that involve unfair competition, such as acts of disparagement, market disruption, parasitism and disruption of the competing business. Today, French competition law is linked to the rules set by Brussels, at European level.
Collective procedure law This law defends the interests of companies in difficulty. This branch of business law often calls on specialists who will intervene in the implementation of legal guarantees. These measures aim to obtain compensation and involve various procedures such as: judicial liquidation or the development of a continuation plan. The sooner problems are anticipated, the more effective legal measures will be to preserve the sustainability of a case.
Bank right
The current economic system would not exist without banks. The current diversity of banking services: deposits, loans, financial investments or real estate management imposes on credit institutions a legal framework for their activity, also known as foreign exchange law in business law.
Focus on commercial law
This right guarantees the efficiency, productivity and security of trade. As its name suggests, it is aimed at merchants, but also, by extension, at commercial exchanges specific to business activity.
The main treaties such as the Hague Convention on the Liability of Goods or the Vienna Convention on the International Sale of Goods are the source of commercial law. Community law and the Member States have a duty to transpose their provisions in order to integrate them into the business law in force in their territory.
A specialist in commercial law knows all the subtleties of this law, in particular the rules governing the drafting and securing of commercial documents, such as the service contract, the supply contract, the subcontracting contract, IT services, etc. We also mention the drafting of the famous general conditions of sale and distribution (CGU / GTC), franchise, brokerage, partnership contracts…
Good to know: customs such as maritime law or contracts set up by chambers of commerce also come under the application of rules specific to commercial law. Nor should we forget the importance of case law. It brings together the decisions taken by the courts on imprecise legal questions, which are called upon to be referenced in the settlement of similar cases in the future.
Specialists in all these branches of law work to defend the interests of a manager, alongside financial experts. Of course, they have mastered the most recent developments in their field, including the latest rulings that set precedents.
Where to find the latest publications in commercial law and business law
When you are the manager of a company, it is important to keep up to date with the latest publications in the field of business law and commercial law . To do this, you can go to the actu-juridique.fr website.
Indeed, you will be able to consult the latest publications published in commercial law. You will therefore have the opportunity to read various articles that may be of interest in the context of your business management.
You will find all the latest information concerning companies, but also in the various areas of daily life, for example family law or articles concerning public administrations. This last section can be interesting in the context of public contracts that you may have with a local authority.
You will also find the field of taxation and the important points to know for the management of your company on a daily basis.
It is therefore recommended to visit this site in order to keep abreast of the life of the company in general. The latest information is all grouped together in one place to make it easier for the user to find. Do not hesitate to visit the site mentioned above.
