Judicial determination of the sale price of a business: a clear reminder of the limits of the judge’s power

Cass. com., 4 June 2025, no. 24-11.580 In this ruling, the Court of Cassation clearly emphasises that the judge cannot substitute his assessment for that of the parties when determining the sale price. This decision reaffirms the formal prohibition on judges setting prices and delimits their powers. Pharmacie Girardeaux had entered into a promise to …

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Expertise in the valuation of shares : the appointed expert’s freedom in the valuation of shares

Court of Cassation, Commercial Chamber, judgment of 7 May 2025, appeal no. 23-24.041 In this ruling of 7 May 2025, the Commercial Chamber of the Court of Cassation clarified the limits of the control that a judge may exercise over the mission of an expert appointed pursuant to Article 1843-4 of the Civil Code for …

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