Investors have purchased property in France through a mortgage. Many investors are having difficulties to pay the instalments due to the ongoing epidemic. Non-payment of mortgage instalments is a breach of contract. Banks will attempt to terminate lease based on this non-performance and claim for reimbursement of capital and interest still due, plus penalties. Further, […]
France – leaseback issues- Coronavirus
Ongoing pandemic does not prevent owners from obtaining eviction of tenants for non payment of rent. A decree was pasted by the French government (“Ordonnance n° 2020-306 du 25 mars 2020”) ordering that no procedure could be implemented against a party in breach of contract from the 12 of March 2020 until 2 months after end of period […]
France – divorce – Coronavirus
In France divorce procedures tend to be very slow even in normal circumstances During epidemic French court will only rule on urgent maters. Once lockdown is lifted, court will have to catch up on the backlog of dossiers. However, it is still possible to divorce by signing an out of court amicable divorce settlement. This […]