Misappropriation of Corporate Assets : Understanding the Offense and the Importance of a Specialized Lawyer in Paris
Learn about the misappropriation of corporate assets, the penalties involved, and why it's essential to consult a specialized criminal business law attorney in Paris for effective defense.
What is Misappropriation of Corporate Assets ?
Misappropriation of corporate assets is a specific offense under French criminal business law. It involves a company executive using the company's assets or credit for personal purposes, contrary to the company's interests. This abusive use harms the company's assets and is severely punished by law.
Legal Framework and Penalties
According to the French Commercial Code, misappropriation of corporate assets is punishable by five years of imprisonment and a €375,000 fine. In addition to criminal penalties, the convicted executive may be ordered to pay damages to compensate for the harm suffered by the company. The illicit transaction may also be annulled due to its illegal nature.
Recent Developments and Increased Vigilance by Authorities
In 2025, France faces a growing public deficit, reaching nearly €3.3 trillion, with interest charges amounting to €59 billion.
This strained financial situation leads the state to intensify fiscal and financial controls to combat economic offenses, including misappropriation of corporate assets.
Simultaneously, high-profile cases, such as that involving the former president of FC Rouen, prosecuted for misappropriation of corporate assets and fraud against the French Football Federation, demonstrate the authorities' determination to severely punish these offenses.
Why Consult a Lawyer Specialized in Misappropriation of Corporate Assets in Paris ?
Given the complexity of legal proceedings and the severity of the penalties involved, it's crucial to have the expertise of a lawyer specialized in criminal business law. In Paris, Maître Nicolas PAGANELLI stands out for his in-depth understanding of the legal mechanisms related to misappropriation of corporate assets. His experience and commitment are major assets in ensuring an effective defense and protecting your interests.
The Benefits of Expert Defense
- Precise Analysis of Your Situation: Maître PAGANELLI meticulously assesses the alleged facts to develop a tailored defense strategy.
- Personalized Support: He guides you through each step of the procedure, informing you of the stakes and available options.
- Protection of Your Rights: His intervention aims to ensure your rights are respected and to minimize legal and financial consequences.
Conclusion
Misappropriation of corporate assets is a serious offense with severe consequences
Contact Me Nicolas PAGANELLI Today
Take the first step in securing your legal defense. Reach out to Me PAGANELLI’s firm to schedule a confidential consultation and ensure your business is in the best hands.