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Article R422-47 of the French Intellectual Property Code

The partner of a private practice company set up to practise the profession of industrial property attorney may be excluded from it in the event of a final disciplinary sanction having the effect of temporarily prohibiting him from practising the profession for more than six months. Such exclusion is decided by the other partners acting unanimously.

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Article R422-48 of the French Intellectual Property Code

Any excluded member has a period of six months from the date on which the company notifies him of this decision, by sending a registered letter with acknowledgement of receipt, in which to sell his shares. During this period, the excluded member loses the remuneration linked to the exercise of his professional activity and his right to attend and vote at company meetings. They retain their right to receive dividends…

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Article R422-49 of the French Intellectual Property Code

A partner temporarily banned from practising his profession retains, for the duration of his sentence, his status as a partner with all the rights and obligations arising therefrom, with the exception of his entitlement to any remuneration paid by the company in connection with the performance of his professional activity. In the event of suspension of the practice of the profession affecting all the members of the private practice company,…

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Article R422-50 of the French Intellectual Property Code

The formation of a joint venture of industrial property attorneys referred to in Title II of the loi n° 90-1258 du 31 décembre 1990 shall give rise to the insertion of a notice in a newspaper authorised to receive legal announcements at the location of the registered office, if there is one, and at the place of practice of each of the partners. The notice shall contain the identity of…

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Article R422-51-1 of the French Intellectual Property Code

Companies formed, pursuant to Title IV of Law No. 90-1258 of 31 December 1990, with a view to holding shares in companies practising the profession of industrial property attorney are governed by the provisions of Book II of the Commercial Code, subject to the provisions of this chapter.

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Article R422-51-3 of the French Intellectual Property Code

The declaration of a société de participations financières de profession libérale de conseils en propriété industrielle shall be sent collectively by the partners, who shall appoint a common agent, to the Director General of the Institut national de la propriété industrielle by registered letter with acknowledgement of receipt, or delivered against receipt. This declaration shall be accompanied, on pain of inadmissibility, by the following documents: 1° A copy of the…

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Article R422-51-7 of the French Intellectual Property Code

The société de participations financières de profession libérale de conseil en propriété industrielle shall notify the Director General of the Institut national de la propriété industrielle of any change in the situation declared pursuant to Article R. 422-51-3, with supporting documents, within thirty days of the date on which the change was made.

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