Shareholders’ Agreements: When an Ambiguous Share Transfer Promise Becomes a Liability

In a shareholders’ agreement, a clause can look simple on paper, but turn into a legal minefield when it comes to a “promise to sell shares” tied to an employee-shareholder’s employment contract. That is exactly what the Court of Appeal of Versailles examined in its decision of July 1st, 2025, No. 23/02083. 🔍 The […]