Worldwide: Shareholders

In a ruling dated July 9, 2025 (No. 23-23.484), the Commercial Chamber of the French Cour de Cassation provided a welcome clarification: the validity of an action for annulment of a corporate resolution on the grounds of abuse of majority is not subject to the simultaneous filing of a claim for damages against the majority shareholders.

California's Climate Disclosure Laws remain poised to take effect January 1, 2026.

Claims for judicial dissolution appear regularly in shareholder and LLC member disputes. Traditionally, dissolution requires the winding up of the entity's business, the sale of its assets, and payment to all creditors, which can end successful businesses and threaten the livelihoods of owners and their employees