De la légitimité et de la légalité des régimes de droits de souscription d'action en réponse à une offre publique d'achat
The present thesis tries to review the main rules regarding the creation and the application of a shareholders rights plan. The author reviews also the sections of the Securities Act pertaining to the Take-Over bid. The author also explains the main principles of the corporation law domain and how a shareholders rights plan may be implemented. Second, the author reviews the legality of the implementation of the shareholders rights plan with regards to the shareholders rights given by the Law, and to the obligations and duties of the directors of the Corporation. At the end of the present thesis, the author presents a review of the main recourses opened to the Shareholders, the corporation and the bidder.
Shareholders rights plan Shareholders rights Equal Treatment Right Directors duties Fiduciary duty Business judgement rule Takeover bid Offeror