French start to the legislation on hydrogen

An Ordonnance signed by the President on February 17, 2021 (Ordonnance n° 2021-167 du 17 février 2021 relative à l'hydrogène) defines the different types of hydrogen that will be subject to specific regimes, renewable, low-carbon or carbonated hydrogen. This Ordonnance provides for two hydrogen traceability systems so that its low-carbon or renewable nature can be …

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On-demand guarantee or personal guarantee? Pay attention to the wording

By a decision rendered on 30 January 2019 (Commercial Chamber, 30 January 2019 No. 17-21279), the Court of Cassation qualified a guarantee. The Court of Cassation had to define whether the engagement of a company's manager was a guarantee or  a on-demand guarantee. The facts were as follows, Company A owed an amount of €86,165 …

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