The Paris court of appeal confirmed in the night of November 21-22, 2006 the decision of the judge for summary proceedings in the Paris court of first instance to postpone the GDF board of directors’ meeting, thereby entailing the suspension of the 2006 merger procedure between GDF and Suez. Consequently, doubt is cast over a merger operation on the ground of failure to respect the information and consultation procedure of the EWC of GDF.
directors’ meeting, thereby entailing the suspension of the 2006 merger procedure between GDF and Suez. Consequently, doubt is cast over a merger operation on the ground of failure to respect the information and consultation procedure of the EWC of GDF.
EWC must not to be ignored. This major decision confirms that the EWC, even in a culturally “Franco-French” company like GDF, is a player with full status in the information and consultation procedure, on the same footing as the national authori
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