[CORPORATE LAW] Introduction under French Law of the duty of care for the parent and ordering parties

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Fol­low­ing a lengthy debate, a new prin­ci­ple of a duty of care for com­pa­nies with respect to their sub­sidiaries, sup­pli­ers and sub­con­trac­tors has been intro­duced into French law by the “law on duty of care for the par­ent and order­ing com­pa­nies”, pub­lished in the Offi­cial Jour­nal on 28 March 2017. This new act aims at…