Together with London and New York, Paris has long been hailed as one of the leading centres of international litigation. It remains to be seen however if recent proposals for a comprehensive rewrite of French contract law could have an impact on the attractiveness of litigation in France and French law as the substantive law of choice in international agreements. With the proposed changes likely to come into force in early to mid-2016, businesses operating in France are actively considering how they might react to the proposed changes, which threaten a substantial increase in the uncertainty of contractual obligations.
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