Fine of €2,000,000 handed down against the company RENAULT SAS Pursuant to Articles L. 441-16 a) and L. 470-2 V of the French Commercial Code, a fine of 2,000,000 euros was imposed on Renault SAS by the Ile-de-France Regional and Interdepartmental Directorate for the Economy, Employment, Labour and Solidarity (DRIEETS) for late payment of its suppliers’ invoices. These delays were noted by the DRIEETS as part of an investigation launched by the DGCCRF into compliance with the rules of the French Commercial Code on payment terms.

Fine of €13,000 handed down against the company SA RENAULT Pursuant to Articles L. 441-16 a) and L. 470-2 V of the French Commercial Code, a fine of 13,000 euros was imposed on Renault SA by the Ile-de-France Regional and Interdepartmental Directorate for the Economy, Employment, Labour and Solidarity (DRIEETS) for late payment of its suppliers’ invoices. These delays were noted by the DRIEETS as part of an investigation launched by the DGCCRF into compliance with the rules of the French Commercial Code on payment terms.

Fine of €210,000 handed down against GIE TF1 – ACQUISITIONS OF RIGHTS Pursuant to articles L. 441-16 a) and L. 470-2 V of the French Commercial Code, a fine of 210,000 euros was imposed on GIETF1-ACQUISITIONS DE DROITS by the Direction régionale et interdépartementale de l’économie, de l’emploi, du travail, et des solidarités (DRIEETS) d’Ile-de-France for late payment of its suppliers’ invoices. These delays were noted by the DRIEETS as part of an investigation launched by the DGCCRF into compliance with the rules of the French Commercial Code on payment terms.

Fine of €215,000 handed down against the company TF1 Pursuant to Articles L. 441-16 a) and L. 470-2 V of the French Commercial Code, a fine of 215,000 euros was imposed on TF1 by the Ile-de-France Regional and Interdepartmental Directorate for the Economy, Employment, Labour and Solidarity (DRIEETS) for late payment of its suppliers’ invoices in 2018. These delays were noted by the DRIEETS as part of an investigation launched by the DGCCRF into compliance with the rules of the French Commercial Code on payment terms.

Fine of €44,000 handed down against the company BOONE COMENOR METALINPEX Pursuant to Articles L. 441-16 a) and L. 470-2 of the French Commercial Code, the Hauts-de-France Regional Directorate for the Economy, Employment, Labour and Solidarity (DREETS) imposed a fine of €44,000 on BOONE COMENOR METALIMPEX for late payment of its suppliers’ invoices. These delays were observed by the DREETS departments as part of an investigation launched by the DGCCRF into compliance with the rules of the French Commercial Code on payment terms

Fine of €52,000 handed down against the company SAS VANDEMOORTELE BPF Pursuant to Articles L. 441-16 a) and L. 470-2 of the French Commercial Code, a fine of €52,000 was imposed on SAS VANDEMOORTELE BAKERY PRODUCTS FRANCE by the Direction régionale de l’économie, de l’emploi, du travail et des solidarités (DREETS) de BRETAGNE for late payment of its suppliers’ invoices. These delays were noted by the DREETS as part of an investigation launched by the DGCCRF into compliance with the rules of the French Commercial Code on payment terms.

Fine of €50,000 handed down against the company SORIN SAS CRM Pursuant to Articles L. 441-16 a) and L. 470-2 V of the French Commercial Code, the Ile-de-France Regional and Interdepartmental Directorate for the Economy, Employment, Labour and Solidarity (DRIEETS) imposed a fine of €50,000 on SORIN SAS CRM for late payment of its suppliers’ invoices. These delays were noted by the DRIEETS as part of an investigation launched by the DGCCRF into compliance with the rules of the French Commercial Code on payment terms.