Can a French SARL Recover Unauthorized Manager Compensation in Summary Proceedings?
A 2026 Supreme Court Decision Changes the Timeline Executive Summary In a March 11, 2026 decision (French Supreme Court, Commercial Chamber, No. 24-15.111), the court confirmed that: A manager of a French SARL cannot set their own compensation unless approved by shareholders or bylaws. Any unauthorized compensation is unlawful and must be repaid. Crucially, repayment […]