Business law is a very broad field including two major subsets: private business law and public business law.
Due to the globalization of trade and commercial partnerships, actors in business law, natural or legal persons, frequently have transnational activities involving commercial partners located in States other than their State of origin (State of Registration for example). This area is often referred to as international business law.
Working as a business lawyer in Paris offers the important advantage of being located at the heart of one of the major centers of international affairs.
As specialists in various legal fields, the attorneys at Paris based business law firm Bélot Malan et Associés tend to specialize more in private business law, in matters such as commercial law, competition law, criminal business law and insurance law. However, they also have a certain expertise in some areas of public business law, in the conduct of large-scale operations.
The following developments aim at setting out the main areas of private law and public business law.
Private business law
Private business law includes all the legal rules governing the internal and external affairs of companies and, more broadly, of natural and legal persons.
Commercial law refers to the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.
In a broader sense, commercial law also includes, among other areas, aspects relating to commercial leases and unfair competition practices.
Under French law, insolvency rules aim to bring together all the creditors of a natural or legal person in order to organize the settlement of debts of the latter.
Throughout recent evolutions, the scope of French insolvency law has gradually extended so as to apply to various natural or legal persons and entities.
Company law refers to the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations. Company law often describes the law relating to matters which derive directly from the life-cycle of a company and thus encompasses the formation, funding, governance, and death of a corporation.
Insurance law is the practice of law surrounding insurance, including insurance policies and claims.
Insurance law can be broadly broken into three categories – regulation of the business of insurance; regulation of the content of insurance policies, especially with regard to consumer policies; and regulation of claim handling.
White collar crime
White-collar crime (or corporate crime, more accurately) refers to financially motivated, nonviolent crime committed by businesses and government professionals.
Typical white-collar crimes could include wage theft, fraud, bribery, Ponzi schemes, insider trading, labour racketeering, embezzlement, cybercrime, copyright infringement, money laundering, identity theft, and forgery.
Public business law
Public business law regulates the conditions for state intervention on the market and therefore covers a wide variety of situations, including the rules relating to public economic law.
Corporate tax law
Tax law or revenue law is an area of legal study which deals with the constitutional, common-law, statutory, tax treaty, and regulatory rules that constitute the law applicable to taxation.
Corporate tax law refers to the branch of tax law and the rules applicable to businesses as well as the tax rules applicable to commercial activities, such as value added tax, for example.
Public procurement law
Public procurement law refers to the legal provisions which regulate the purchasing and the procuring of services and goods by the government, its authorities and its institutions. These include, amongst others, ministries and departments, cities, communities, municipalities and public enterprises.