Shareholders Rights and Shareholder Activism 2025

FRANCE Trends and Developments

Trends and Developments Contributed by: Saam Golshani, Diane Lamarche, Félix Thillaye and Victoire Segard White & Case LLP

White & Case LLP is a global law firm with long- standing offices in the markets that matter today. Its on-the-ground experience, cross-border integration and depth of local, US and English-qualified lawyers help clients work with confidence in any one market or across many. The firm guides clients through dif- ficult issues, bringing insight and judgement to each

situation. Its innovative approaches create original solutions for clients’ most complex domestic and multi-jurisdictional deals and disputes. By thinking on behalf of its clients every day, the team anticipates what they want, provides what they need and builds lasting relationships; it does what it takes to help cli- ents achieve their ambitions.

Authors

Saam Golshani is a partner in the EMEA private equity team of White & Case’s global M&A practice. He has over 25 years’ experience in representing clients in M&A, private equity and restructuring transactions

Félix Thillaye is a partner in the commercial litigation practice of White & Case in Paris. He focuses on complex corporate and commercial disputes for French and foreign companies from all industry sectors,

in all industries. Saam is ranked as a leading lawyer in his field in the Chambers Europe guide, and his reputation is based on his accomplishments, advising creditors, debtors, investors and potential buyers on complex matters, corporate reorganisations and insolvency proceedings. He can navigate both domestic and cross-border M&A, and is a frequent speaker and commentator on private equity and restructuring issues.

and has notable expertise in assisting listed and non-listed companies and their management on their corporate crises, especially conflicts related to shareholders’ disputes, post-acquisition litigation, and liability and regulatory proceedings. Before joining White & Case in 2019, Félix was an associate in the commercial litigation department of a US law firm in Paris and undertook several internships within international business law firms and companies in Paris, Hamburg and London.

Diane Lamarche is a partner in the commercial litigation practice of White & Case in Paris and is part of the global M&A practice. She has extensive expertise in private and public M&A litigation, focusing on

Victoire Segard is an associate in the commercial litigation department at White & Case in Paris. Her practice focuses on complex corporate and commercial disputes for French and foreign companies, listed and

securities, commercial and corporate law. Diane acts for major French and foreign companies before the French courts and regulators, and also assists clients before foreign jurisdictions and arbitration panels. She has notable expertise in the corporate governance of listed companies and in assisting private equity funds in defending their shareholders’ rights and in general corporate transactions. She also advises leading listed and unlisted companies on financial and securities transactions.

unlisted, in various industries. She assists clients before the French commercial, civil and criminal courts on matters related to shareholders’ disputes, M&A litigation and the civil or criminal liability of executives. She also has expertise in corporate governance issues, and in negotiating exit packages for executives. Victoire started her career in the corporate/litigation department of a US business law firm, and was an associate in a French law firm specialising in high-end litigation.

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