Muriel Goldberg-Darmon is a partner in the firm’s Paris office. With more than 20 years of experience in financial markets and financial services in consulting and litigation, her practice focuses on advising listed companies and their managers, investment funds, insurance companies, and financial institutions on a wide range of regulatory and compliance issues, investigations, and corporate transactions.
Muriel has significant experience in investigation, control, and sanction proceedings before the French financial market authority (AMF) and the Banking Authority (ACPR). She regularly advises on matters requiring international cooperation with foreign regulators, including the Securities and Exchange Commission (SEC) and the Financial Conduct Authority (FCA), as well as on cross-border investigations led by the U.S. Department of Justice, including by the Office of Foreign Assets Control (OFAC) and relating to the Foreign Corrupt Practices Act (FCPA), and any subsequent judicial proceedings.
Her transactional experience includes advising on mergers and acquisitions of publicly listed and non-listed companies, financial market transactions, including tender offers, and squeeze outs, and fund raising, including initial public offerings (IPOs), securities issuances, and initial coin offerings (ICOs), as well as on corporate governance, activism, and financial communications matters.
Muriel has been recognized by The Legal 500 as a Leading Individual for Stock Market Litigation – AMF Regulatory and is recommended in its Compliance and Stock Market Litigation categories. According to The Legal 500, Muriel ‘has perfect knowledge of technical and negotiating tools’ and is ‘extremely reliable, dedicated, efficient and creative.’ She has also been recognized by The Best Lawyers in France in the Financial Institutions and Regulatory Practice categories.
Prior to joining Cohen & Gresser, Muriel was a partner at Dentons (formerly Salans) and then at DLA Piper in Paris. Muriel holds a Ph.D. on the legal aspects of initial public offerings, and she holds Master’s degrees (DEA) from the University of Paris II Panthéon-Assas in law philosophy and in business and economic law. Muriel is a lecturer at HEC in Paris regarding investigation, control, and sanction proceedings before the AMF. She is fluent in French and English.
Muriel Goldberg-Darmon is a partner in the firm’s Paris office. With more than 20 years of experience in financial markets and financial services in…
University of Paris II Panthéon-Assas (Ph.D. 2000); University of Paris II Panthéon-Assas (Master’s Degree DEA, Law Philosophy, 1994); University of Paris II Panthéon-Assas (Master’s Degree DEA, Business and Economic Law, 1993)
Activities and Affiliations
Board Member, UN Women French National Committee
Leader of the French Chapter and co-leader of the European Chapter, Women's White Collar Defense Association
Member, Financial Law Committee of Paris Europlace
Member, Board of Directors of the French Securities Lawyers Association (ADB)
Member, Cercle des Administrateurs (CdA)
Muriel Goldberg-Darmon speaks with Caroline Ruellan, President of SONJ Conseil, about the relationship between shareholder dialogue and privileged information in an interview with Forbes.
(Regards croisés entre Caroline Ruellan, Présidente de SONJ Conseil et Muriel Goldberg-Darmon.)
Cohen & Gresser is pleased to announce that its Paris Office was honored as Regulatory Law Firm of the Year at the 2019 Women in Compliance Awards.This award recognizes the significant contributions of the women on our Regulatory Compliance team in providing exceptional legal counsel to the firm’s global clients.
Women in Compliance noted that C&G has "an impressive team with great experience and in which women are placed at its core," and applauded the firm's "ability to work on cross-border investigations, which involves the concurrent applicability of many laws and procedures of foreign jurisdictions."
Muriel Goldberg-Darmon speaks to L'Agefi regarding shareholder activism in France.
C&G has been shortlisted for the International Financial Law Review’s (IFLR) 2018 Europe Awards M&A Deal of the Year for its representation of Berendsen plc, a European textile, hygiene, and safety solutions business, in its takeover by a French laundry services group, Elis. C&G advised Berendsen on aspects of the transaction relating to the French stock market.
Muriel Goldberg-Darmon speaks to Décideurs Magazine regarding activist investment funds and minority shareholders.
Dalenys, a fintech company based in France, was recently sold to Natixis for 160 million EUR. Cohen & Gresser's Paris team advised Dalenys throughout the transaction. The following French news outlets covered the story:
Muriel Goldberg-Darmon discusses the difficulties facing companies in fulfilling their continued disclosure obligations to the market, as well as the resulting risks of potential AMF sanctions.
Muriel Goldberg-Darmon discusses how the outbreak of COVID-19 impacts a company’s responsibility to comply with financial communication and reporting obligations.
Muriel Goldberg-Darmon explains the specific regime of navigating whistleblowing within the French financial sector through the internal procedures of financial institutions and external procedures of the French Financial Market Authority (AMF) and the French Banking Authority (ACPR).
Dans cette publication, Loïc Henriot, Muriel Goldberg-Darmon, Louise Le Guilchet et Magalie Jullien présentent la directive (UE) 2019/1937 du Parlement européen et du Conseil du 23 octobre 2019, qui a vocation à établir des normes minimales communes entre les pays de l’Union européenne pour la protection des lanceurs d’alerte, et analysent les différences qu’elle présente avec le régime de protection des lanceurs d’alerte issu de la Loi Sapin 2.
(In this C&G Client Alert, Loïc Henriot, Muriel Goldberg-Darmon, Louise Le Guilchet, and Magalie Jullien discuss Directive (EU) 2019/1937 of the European Parliament (the “Directive”) on the protection of persons who report breaches of Union law. The Directive is intended to establish common minimum standards among European Union countries to protect whistleblowers.)
Regards croisés entre Muriel Goldberg-Darmon et Angéline Duffour, associées spécialisées respectivement en Compliance et Droit social.
(Muriel Goldberg-Darmon and Angéline Duffour discuss internal investigations and the associated employment law risks.)
In an article for Forbes, Muriel Goldberg-Darmon discusses the benefits of a recent market reform in France that lowers the threshold for majority shareholders to implement a squeeze-out, as well as the increased protection for minority shareholders proposed by the Autorité des marchés financiers (AMF, the French financial markets regulator) further to this reform.
In a recent article for Forbes, Muriel Goldberg-Darmon discusses the benefits of an entity’s or individual’s cooperation during an enforcement procedure before the Autorité des marchés financiers (AMF, the French financial market regulator).
Muriel Goldberg-Darmon co-authors an article examining the evolving corporate and social responsibilities of activist investors.
Muriel Goldberg-Darmon speaks to Le Revenu regarding the tender offer launched by Altice on SFR Group. She analyses the reasons for the rejection by the AMF of such offer.
Muriel Goldberg-Darmon, Associée du cabinet Cohen & Gresser à Paris et leader du Chapitre Français du Women’s White Collar Defense Association (WWCDA), a organisé un petit-déjeuner au cours duquel Sophie Schiller, Professeur de droit à l'Université Paris-Dauphine et membre de la Commission des sanctions de l'Autorité des Marchés Financiers "AMF" est intervenue sur le thème de la répression des abus de marché (pénal et AMF).
(Partner Muriel Goldberg-Darmon, leader of the French Chapter of the Women’s White Collar Defense Association (WWCDA), hosted a breakfast at Cohen & Gresser’s Paris office during which Sophie Schiller, a Member of the Enforcement Committee of the French Financial Market Authority and a Law Professor at Paris-Dauphine University, spoke about the enforcement of market abuse (by the Financial Market Authority as well as the Criminal Judge).)
Muriel Goldberg-Darmon a participé à la Table Ronde sur l’« Activisme actionnarial - Etat des lieux - Présentation du Rapport de la Commission des finances par Éric Woerth » organisée par le Cercle des Administrateurs (CdA) le 8 octobre 2019, au Cercle de l’Union Interalliée . La table ronde était modérée par Caroline Ruellan, Présidente du CdA. Participaient également à cette table ronde Éric Woerth, Président de la Commission des finances et co-rapporteur de la mission parlementaire sur l’activisme actionnarial, et Joseph Oughourlian, Managing Partner de Amber Capital.
(Muriel Goldberg-Darmon was a panelist at a round table on “Shareholder Activism – Current State – Finance Committee Report Presentation by Eric Woerth” organized by the Cercle des Administrateurs (board members association) at the Cercle de l’Union Interalliée, and moderated by Caroline Ruellan, President of the Cercle des Administrateurs. Muriel’s fellow panelists were Eric Woerth, Chairman of the Finance Committee of the French National Assembly and co-rapporteur of the parliamentary mission on shareholder activism, and Joseph Oughourlian, Managing Partner of Amber Capital).
Muriel Goldberg-Darmon, Associée du cabinet Cohen & Gresser à Paris et leader du Chapitre Français du Women’s White Collar Defense Association (WWCDA), a organisé un petit-déjeuner au cours duquel Yousr Khalil & Caroline Fagard, de Forensic Risk Alliance, ont fait une présentation sur l’eDiscovery et Forensic Accounting dans les contentieux et investigations. Des avocates de cabinets français ou internationaux, reconnues pour leur compétence en la matière, ont participé à cet évènement.
(Partner Muriel Goldberg-Darmon, leader of the French Chapter of the Women’s White Collar Defense Association (WWCDA), hosted a breakfast at Cohen & Gresser’s Paris office during which Yousr Khalil & Caroline Fagard from Forensic Risk Alliance spoke about eDiscovery and forensic accounting in litigation and investigations. High-profile female lawyers from major French and international law firms joined the breakfast).
Muriel Goldberg-Darmon est intervenue sur le thème « Activisme actionnarial et risques d’abus de marché » lors de la conférence sur les Risques de crédits & Risques de marché, Le Mans Université.
(Muriel Goldberg-Darmon gave a presentation, titled “Shareholder Activism and Market Abuse Risks,” at Le Mans University’s Credit Risks and Financial Market Risks conference).
Partner Muriel Goldberg-Darmon spoke to visiting Law and International Management students about the annual controls and investigations carried out by the Autorité des marchés finaciers (AMF). This was the first session of HEC Paris DMI’s Law Project titled “Market Abuse.”
Muriel Goldberg-Darmon, Associée du cabinet Cohen & Gresser à Paris et co-leader du Chapitre Français du Women’s White Collar Defense Association (WWCDA), a organisé un petit-déjeuner au cours duquel Madame le Bâtonnier de Paris Marie-Aimée Peyron a fait une présentation sur le Legal Privilege. Des avocates de cabinets français ou internationaux, reconnues pour leur compétence en la matière, ont participé à cet évènement.
(Partner Muriel Goldberg-Darmon, co-leader of the French Chapter of the Women’s White Collar Defense Association (WWCDA), hosted a breakfast in Cohen & Gresser’s Paris office during which Paris Bar President (Bâtonnier) Marie-Aimée Peyron spoke about legal privilege. High profile female lawyers from major French or international law firms joined the breakfast).
Muriel Goldberg-Darmon a participé à la Table Ronde sur “Quelle coopération entre les mis en cause et l’AMF ?” organisée par la Commission des sanctions de l’AMF le 3 octobre 2018. La table ronde était modérée par : Jean Gaeremynck, président de section au Conseil d’Etat, membre de la Commission des sanctions de l’AMF. Les intervenants étaients : Jean-Luc Blachon, premier vice-procureur, Parquet national financier, Sophie Bresny, chef du service des investigations de l’Autorité de la concurrence Andrew Cotterell, Head of Law, Policy & International, FCA (Financial Conduct Authority), Muriel Goldberg-Darmon Associée du cabinet Cohen & Gresser, Benoît de Juvigny, secrétaire général de l’AMF.
(Partner Muriel Goldberg-Darmon spoke at the AMF Enforcement Committee’s annual symposium on October 3, 2018, as the only speaker from a private law firm. Muriel was a panelist for the second round table on “Cooperation between the respondents and the AMF during investigations or inspections and sanctions,” which was moderated by Jean Gaeremynck, State Councilor and member of the AMF Enforcement Committee. Muriel’s fellow panelists were: Jean-Luc Blachon, First Vice-Prosecutor at the Parquet National Financier; Sophie Bresny, Head of the Inspections Unit at the Autorité de la concurrence; Andrew Cotterell, Head of Law, Policy & International at the FCA (Financial Conduct Authority); and Benoît de Juvigny, Secretary General of the AMF).
Mark S Cohen and Muriel Goldberg-Darmon served as guest lecturers at the Université Paris I – Panthéon Sorbonne for the 2017 fall semester. They taught a course titled “U.S. White Collar Criminal Law” to students in the Master 2 (JD equivalent) program. The course covered the fundamental principles of U.S. criminal law and a review of the key participants in white collar criminal practice. The course also covered substantive white collar issues, such as FCPA, banking, and finance-related issues. Jonathan S Abernethy and Christian R Everdell served as visiting lecturers. Reggie B Schafer served as the course’s teaching assistant.