References Civil & Commercial Litigation
Shareholder dispute and exclusion of a minority shareholder no longer acting in the company’s best interests
The matter
Assistance and representation of an international textile manufacturing group in a dispute with a foreign minority shareholder acting against the company’s interests (acts of unfair competition, diversion of clientele, disruption of the business, employee poaching, etc.). Drafting and insertion of an exclusion clause in the articles of association, implementation of the exclusion procedure, judicial confirmation of the exclusion’s validity, support with the valuation of the excluded shareholder’s shares, and finalisation of accounts between the parties within a confidential mandat ad hoc procedure (Article L. 611-3 of the French Commercial Code).