The Law of Close Corporations View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

2017

AUTHORS

Holger Fleischer

ABSTRACT

Instead of attempting to develop a strict definition, this comparative study seeks to outline the concept of a close corporation by identifying its characteristic features. Important recent reforms and relevant trends pertaining to the law of close corporations are examined in more detail before the study moves on to the specific elements of the governance framework. Considering the legitimate interest of the shareholders of a close corporation to restrict share transfers, default rules on share transfers and limits on share transfer restrictions are comparatively analysed. Thereafter, light is shed on the various modes in which an investment of a shareholder may be withdrawn from the company—either on a voluntary basis, or involuntarily as a result of shareholder expulsion. Finally, different types of shareholder conflicts and possible remedies are analysed. More... »

PAGES

319-350

Book

TITLE

General Reports of the XIXth Congress of the International Academy of Comparative Law Rapports Généraux du XIXème Congrès de l'Académie Internationale de Droit Comparé

ISBN

978-94-024-1064-8
978-94-024-1066-2

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-94-024-1066-2_13

DOI

http://dx.doi.org/10.1007/978-94-024-1066-2_13

DIMENSIONS

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