Crefovi published this interview in the ‟special banking” supplement from International Financial Law Review (‟IFLR”) in 2003 (IFLR banking yearbook). This article summarises the state of banking and finance regulations that apply to financial services companies and banks in France, in 2003.
Tag: Capital markets
Should we legislate on the activity of financial analysts?
For several months, the French legislator and professional organisations have been working to tighten up financial analysis. The finance and banking law firm Crefovi answers the following questions. Is a more restrictive regulation vis-à-vis the people disseminating and publishing financial analysis really necessary? How compatible would these future rules be with international standards?
The Gucci PPR alliance: an example of the application of the regulations on public takeover bids
The Gucci Group (‟Gucci”) Pinault Printemps Redoute (‟PPR”) alliance is based on a well-known hostile takeover bid, which was played out by applying the regulations on Public Takeover Bids (‟PTB”) to the advantage of PPR, riveting the pawn to its rival Louis Vuitton Moët Hennessy (‟LVMH”).
Bonds with share warrants and luxury: the use of bonds with share warrants in the luxury sector
London-based fashion law firm Crefovi publishes exclusive research relating to the hostile takeover of Louis Vuitton Moët Hennessy (“LVMH”) by Bernard Arnault. While the biography of Bernard Arnault entitled ‟The exterminating angel” appears, it is interesting to study the legal mechanism which enabled this astute businessman to appropriate, more than ten years ago, the control…
