L'actionnaire minoritaire, le commissaire, l'avocat et le juge : histoire d'une fusion litigieuse

Abstract

The case of a French merger can be used to better understand the nature of conflicts of interest and cognitive conflicts between accountants, shareholders, lawyers and judges. This is especially the case when exchange ratios are unfairly established. When caught in a situation of asymmetrical information, minority shareholders try to obtain more information about the auditors' report through a trial. The financial knowledge possessed by the judge then becomes a necessary condition if shareholders are to be protected.Auditor, minority shareholder, merger, trial, exchange ratio, fairness