16.01.2024Stéphan Alamowitch

Breach of a bank loan and termination clauses – Gazette du Palais January 16, 2024

Surprisingly little attention has been paid to the termination of credit agreements, despite the fact that this is a decisive event for both parties to the agreement and raises real legal difficulties. Article L. 313-12 of the French Monetary and Financial Code lays down rules whose scope is not always well understood and which the courts have had occasion to clarify.

Article written by Stéphan Alamowitch, a partner in our Banking & Finance department, published in the Gazette du Palais on 16 January 2024.