We are writing with another update on French labor law that could impact international corporate transactions. French President Francois Hollande has proposed a change to French legislation that could remove the threat of imprisonment for directors and senior employees who are found to have breached obligations to consult with works councils and other employee representatives. The implications of this change would be important for businesses in France, and also for international companies involved in mergers, acquisitions and divestitures in France.
Continue Reading Reduced Risk for International Companies Operating In France: Potential Removal Of Severe Sanctions For Failure to Consult with Works Councils

Luciana Griebel
Luciana Griebel advises clients on global acquisitions and divestitures, private equity transactions, and strategic investments. Luciana has particular expertise in cross-border M&A and acts for companies at all stages of development, as well as investors and management teams.
Luciana serves on Covington’s Diversity and Inclusion Committee and supports the work of the Public Service Committee. She chaired the Associate Advisory Committee for two years, representing the interests of Covington’s associates across the firm.
Luciana’s practice is international and she regularly:
- represents leading life sciences and technology companies in some of their most important transactions; and
- assists clients with corporate governance, compliance, and other matters.
Luciana’s pro bono work includes advising charities on a range of corporate matters, including SolarAid, a charity focused on the development of renewable energy technologies in Africa and South America and Barnardo’s (the UK’s leading children’s charity).
Luciana gained valuable in-house experience, while seconded to the legal department of a global pharmaceutical company.