Majority defines shareholder interest absent abuse

BGE 76 II 51Recueil officiel du Tribunal fédéral (ATF) / Volume II21 mars 1950Dismissed

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Résumé Omnilex

The court held that, to the extent shareholder interest can be assessed in this context, it is the collective interest of all shareholders. Its content is defined by the majority. In the case at hand, there was no indication that the majority had abused this power or misconstrued that interest.

Regeste Omnilex

Shareholder interest, where relevant in the corporate context, is to be understood as the common interest of all shareholders; its concrete content is determined by the majority. Absent concrete indications of abuse, a court will not interfere with the majority’s assessment of that interest.

Texte intégral

Soweit in diesem Rahmen das Interesse der Aktionäre veranschlagt werden kann, muss es das Interesse aller zusammen sein; was dieses Interesse darstellt, sagt aber die Mehrheit. Dafür, dass im vorliegenden Fall diese Mehrheit das Interesse missbräuchlich verstanden habe, fehlt jeder Anhaltspunkt.

Mots-clés

corporate lawshareholder interestmajority ruleabuse of rights

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Questions juridiques clés extraites par Omnilex

Question juridique clé

Whether the shareholder interest was abusively understood by the majority

Solution extraite

If shareholder interest can be assessed in this framework, it must be the interest of all shareholders together; the content of that interest is determined by the majority, and there was no indication of abusive interpretation here.

Motifs extraits

The court treated the majority as the decisive voice for defining the common shareholder interest, absent any concrete indication of abuse.

Majority defines shareholder interest absent abuseGénéré par IA

Résumé Omnilex Généré par IA

Regeste Omnilex Généré par IA