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Expertise 01

Corporatelaw.

Incorporation, shareholders' agreements, governance, capital transactions, reorganisations and business transfers: legal counsel at every stage of the company's life.

Situations
Incorporation and choice of structureShareholders' agreementGovernance and directors' powersCapital increase or reductionEntry or exit of a shareholderConversion, merger, demergerHolding and group reorganisationBusiness transfer
Scope

Structure and
secure.

AArticles and shareholders' agreement
BMeetings, resolutions and corporate housekeeping
CCapital transactions
DManagement packages and incentives
EReorganisations and transfers
FRelated-party agreements

The process.

01Case analysis
02Options and structure
03Drafting
04Corporate approvals
05Filings

Frequently asked
questions.

Why enter into a shareholders' agreement?

Alongside the articles, it organises relations between shareholders: governance, allocation of powers, entries and exits, liquidity and exit clauses, founders' undertakings. Unlike the articles, it remains confidential.

SAS or SARL: how to choose?

The SAS offers wide contractual freedom and suits investor entries; the SARL is more regulated. The choice depends on the project, the intended shareholding, the manager's social security regime and tax. It is decided case by case.

How does a shareholder enter or exit?

Through a share transfer, a capital increase, a buy-back or a capital reduction, depending on the situation. Approval and pre-emption clauses and any exit provisions of the shareholders' agreement frame the transaction.

How are fees set?

A written fee agreement is entered into before any work begins. Terms (fixed fee, hourly rate or a combination) depend on the nature and complexity of the engagement.

Contact victor.brouard@avocat.fr
Phone06 66 47 93 35
Office4, rue des Canonniers — 59000 Lille
MeetingsLille · Paris · Video
+33 6 66 47 93 35Get in touch