French Corporate Law Reinventing Itself


The Diversion of Business Opportunities by Corporate Representatives

Julien Koch wrote an article, which was published in the journal “Droit et affaires”.
Corporate representatives may try to personally exploit, to the detriment of their company, business opportunities that they become aware of when discharging their function. This risk is generally addressed by common law countries, contrary to countries of the civil law tradition. However, a comparison between France and the United States in this matter highlights the ability of French law to reinvent itself in stark contrast with the rigidity of the American rules.