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Company law may be giving way to company law. Indeed, recent legislative developments lead to a clearer and clearer distinction between partner, shareholder and investor, as well as between listed and unlisted companies. This economic reality has been taken into account through some reforms.

Indeed, since the implementation of the order of June 24, 2004 , companies can issue preferred shares without voting rights. However, shareholders acquiring preference shares without voting rights are above all

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Law firm of Maître DAMY , lawyer at the bar of Nice: evolution of company law.