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Corporate Finance/M&A

05 May 2021
Alain Levy Private M&A deals: the price is not everything! Supreme Court orders a transfer of shares despite a dispute over the price

France - AYACHE

In a recent case, following the majority shareholder's exercise of a call option, a minority shareholder refused to transfer their shares and argued that such transfer could not be enforced by the court as the transfer price of the shares had not been agreed and had to be determined by an expert. The Supreme Court has ordered the minority shareholder to transfer their shares despite the dispute over their price.

Authors: Alain Levy, Gwenaëlle de Kerviler, Valérie Attia
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