The Court judges that the refusal to vote for the extension of the term of a company may be qualified as abusive : it is not a discretionary right.

28 May 2024

The Court judges that the refusal to vote for the extension of the term of a company may be qualified as abusive : it is not a discretionary right. The defense of one’s own interest must give way to the company’s interest of the partnership. This solution applies even when management is chronically loss-making.

By Me Jean-Pierre VIENNOIS

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