Clifford Chance

How the French contract law reform impacts your contracts: key points

13 October 2016

On 1 October 2016, the French contract law reform introduced by the Ordinance of 10 February 2016 took effect (the "Reform"). Below is a brief overview of certain key points to consider, in the light of the Reform, when negotiating and drafting contracts going forward. This overview focuses on certain issues that affect most, if not all, contracts. The Reform has, however, a much wider scope, impacting other important aspects of French law such as, for instance, the regime applicable to the assignment of receivables or the assignment of debt, rules of evidence or extra-contractual liability.

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