Étiquette : limited liability companies

Dismissing a director in a french SAS: statutory rules and extra-statutory personal commitments of the partners

Le par Olivier VIBERTdans Corporate - Company, English, InternationalLaisser un commentaire

Cass. com., 9 July 2025, No. 24-10.428 and No. 23-21.160 The Court of Cassation has clarified in two rulings the limits and links between statutory provisions and extra-statutory commitments regarding the dismissal of directors in french SAS companies. In SAS companies, the articles of association cannot be circumvented – but the partners may enter into …

Lire la suite de Dismissing a director in a french SAS: statutory rules and extra-statutory personal commitments of the partners

Shareholders action: shareholders have an individual interest even in the event of simultaneous action by the company

Le par Olivier VIBERTdans Corporate - Company, EnglishLaisser un commentaire

Court of Cassation, Commercial Chamber, 7 May 2025, appeal no. 23-15.931 “The shareholders have an individual right to seek compensation for the damage suffered by the company, which is not affected by the company's concurrent action.” The facts In a ruling handed down on 7 May 2025, the Commercial, Financial and Economic Chamber of the …

Lire la suite de Shareholders action: shareholders have an individual interest even in the event of simultaneous action by the company