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Letter of Intent for a Business Acquisition in France

Governing law, forum, and the drafting notes that actually change when you build a Letter of Intent for France.

Letter of Intent governed by the law of France

DealDocs sets the laws of France as the governing law when you choose France. The forum clause reads: “All disputes arising out of or in connection with this document shall be submitted to the exclusive jurisdiction of the Paris Commercial Court (Tribunal des activites economiques de Paris).”

Governing law

the laws of France

Legal system

Civil law, a civil law system, where rules are drawn primarily from codified statutes rather than from a body of judicial precedent.

Conventional arbitration seat

Paris, France

Naming a party formed here

DealDocs' guided interview references France when you enter a party formed in France.

What's different about a Letter of Intent in France

The same good faith and mandatory disclosure duties under articles 1112 and 1112-1 apply through an LOI's negotiation period, and because French law has no consideration doctrine, the document's enforceability turns on its own binding language rather than any exchange of value.

Build your LOI for France now

The guided interview asks for the governing law up front, so the right jurisdiction-specific clauses are included automatically. Preview the full plain English guide and completeness check for free before you unlock the document.

Frequently asked questions

Can an LOI's disclosure duties be waived by contract in France?

No. The mandatory duty to disclose decisively important information under Civil Code article 1112-1 cannot be excluded by contract.

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