By François Devedjian, partner and Fabienne Kerebel, counsel
Leavers mechanisms: publication in "Le Droit des Sociétés" of a practical sheet
Central component of package management, so-called "leavers" mechanisms, organizing the early departure of a manager, participate inalignment of interests between managers and investors, essential factor in the success of private equity transactions.
François Devedjian, partner, and Fabienne Kerebel, counsel, propose a framework for the drafting of certain clauses characteristic of leavers mechanisms, to be adapted according in particular to the context and outline of the operation, the tools involved, the quality and characteristics of the parties, the objectives pursued, the existing constraints.
François Devedjian
Partner
A specialist in stock market law and mergers and acquisitions, he is involved, in particular, in public offers and capital market transactions, as well as in mergers and acquisitions, whether or not involving listed companies.
He regularly advises companies whose securities are traded on a regulated market in France, large industrial groups and innovative companies with strong growth, both in their daily life and on specific transactions.
Fabienne Kerebel
Counsel
She has acquired a solid expertise in the law of listed and unlisted companies and its various components, in particular private equity and mergers and acquisitions.
As such, Fabienne advises companies and executives on their external growth operations, changes in their governance or shareholding, the incentive of key managers or the reorganization of corporate structures. She has developed an in-depth practice of financial securities transactions which allows her to support start-ups, SMEs and mid-cap companies in their fundraising as well as investors at all stages of their investment.
