Partners Thomas Rouhette and Nicolas Brooke, Senior Associate Ela Barda and trainee lawyer Jennifer Melo have authored the France chapter for the CDR Essential Intelligence – Fraud, Asset Tracing & Recovery 2021 guide.
This chapter was first published in CDR Essential Intelligence – Fraud, Asset Tracing & Recovery 2021. You can access this on the ICLG website here: https://iclg.com/practice-areas/cdr-essential-intelligence/france and a PDF of this chapter is available here. Further information on Global Legal Group and ICLG can be found on their website here.
The purpose of this chapter is to provide readers with an overview of the French legal framework relating to fraud, asset tracing and recovery.
Thomas, Nicolas, Ela and Jennifer address one of the major practical difficulties in dealing with fraud cases in France, which is the lack of procedural tools for disclosure, particularly as the complexity and intricate nature of fraud cases continue to grow.
They discuss the important legal framework and statutory underpinnings to fraud, asset tracing and recovery schemes as well as the main stages of
fraud, asset tracing and recovery cases. They go on to cover parallel proceedings and key challenges as well as cross-jurisdictional mechanisms, technological advancements and their influence on fraud, asset tracing and recovery and how recent developments and further external factors impact fraud, asset tracing and recovery.