The Ministerial Order dated 10 February 2016 which reforms contract law, regime and proof of obligations has conducted to a major reshaping of the French civil code. Most of the new provisions have become effective on October 1st 2016, whilst existing contracts remain subject to previously applicable rules.
The reform impacts all steps of the contract’s existence, ranging from the pre-contractual phase and conclusion of the contracts to their execution and termination.
This newsletter addresses the main changes which took place with regard to the precontractual phase. Aspects of the reform relating to the validity, the content, the implementation and the consequences of non-performance of contracts will be subject to upcoming publications from our lawfirm.