In this contribution, we investigate theoretically an interface between two newtonian fluids in a stationnary shear flow. The statistical properties of the interface are driven out of equilibrium due to the coupling by the shear flow between viscous and tension effects. The shear flow may either enhance or suppress interfacial deformations, as it is the case in other soft matter systems (for example, lamellar phases). The dynamics of thermal fluctuations is first considered. It is shown that fluctuation modes follow a stochastic nonlinear equation. The solution is then controlled by a single dimensionless parameter, that contains all the information of the system. The mean square displacement is obtained in the limit of small shear rates: it is found to be smoothed out by the flow, in qualitative agreement with experiments and simulations. Then, a stability analysis of the flow is achieved when inertial contributions are taken into account. We focus on the regime of small surface tension and large viscosity. This regime has experienced a renewed interest in the last few years, in the context of phase-separated colloid-polymer mixtures. Simple criteria for the stability or instability of the flow are outveiled. Finally, a numerical study of fluctuation properties is performed in the limit of large shear rate. Although viscous effects are predominant, the results share some similarities with some turbulence models.
