The Geometric Invariant Theory tells that it is possible to study the action of a reductive group G on a projective variety V by stratifying the points of V in two categories: unstable points and semistable ones. The unstable points form a Zariski closed set in V and are in some sense degenerate objects. The restriction of the action of G to the semistable points yields to a good quotient. The set of semistable points contains the open set of stable points and the restriction of G to this set gives a geometric quotient. Let us consider the situation where V is the space of holomorphic foliations of degree d on Pn (C) and the group PGL(n + 1, C) of automorphisms of Pn (C) acts by change of coordinates. Gómez-Mont and Kempf proved that a foliation with only non-degenerate singularities is stable ([7]). In the article under review the author considers the space F2 of holomorphic foliations on the complex projective plane of degree 2. More precisely she studies the linear action Aut(P2 (C))×F2 → F2 , (g, F ) 7→ DgF ◦g −1 in the sense of the Geometric Invariant Theory. In Section 4 she obtains the generators of unstable foliations, then gives a characterisation of unstable, semistable but not stable and stable folitations according to the multiplicity, the Milnor number of its singular points and the existence of invariant lines. Theorem. Let F be an element of F2 with isolated singularities. Then F is unstable if and only if exactly one of the following holds: • there exists a singular point of multiplicity 2; • the foliation F has an invariant line with a unique singular point with multiplicity 1 and Milnor number 5. Theorem. Let F be an element of F2 with isolated singularities. Then f is semistable, but not stable, if and only if the multiplicity of every singular point is 1, and F has an invariant line L with one singular point with Milnor number 3 or 4 or L has two different singular points, one of them with Milnor number 3, 4, 5 or 6. Corollary. A foliation F ∈ F2 with isolated singularities is stable if and only if every singular point of F has multiplicity 1 and if one the following holds: • F does not have invariant lines; • if L is an invariant line for F then – either L has two different singularities, one with Milnor number 2 and the other with Milnor number 1; – or L has two different singularities, both with Milnor number 2; – or L has three different singularities. In Section 5 the author shows that a generic unstable foliation F of degree 2 has the following property: there exists a rational fibration on P1 (C) whose generic fibre is transverse to the leaves of the foliation. In other words F is a Ricatti foliation. 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