PRÁVO POŽADOVAŤ NADOBUDNUTIE AKCIÍ (SHOOT-OUT PRÁVO)

• Authors: Janáč Viliam

Title variants

EN

Shoot-out right

• Languages of publication: SK

Abstracts

EN

The article provides basic analysis of the shoot-out right, in particular as regards its functionality. The shout-out right is a tool for handling of conflict situations in a company, where the exercise of this right is usually connected with exit of one of the shareholders and resulting domination of the company by the remaining shareholder. In the legal practice (in particular Anglo-American) a number of variants of the exercise of this right have developed; these variants are covered in detail in this article. From the 1th January 2017 the shoot-out right is part of Slovak system of law as secondary arrangement in the shareholder agreement of a simple joint-stock company. At first sight, the shoot-out right represents an elegant and fair solution to overcoming of a conflict, which might present potential risk to the very existence of a company. However, this right, and in particular its exercise, bring a number of risks. This fact is proved by the foreign practice, where this right is exercised in a very small number of cases and where the shareholders prefer other method of resolution of a conflict, mainly by mutual agreement.

Keywords

EN

SHAREHOLDERS; STANDOFF; SHOOT-OUT RIGHT; SLOVAKIA

• Publisher: Institute of State and Law of the Slovak Academy of Sciences
• Journal: Právny obzor. Teoretický časopis pre otázky štátu a práva (Juridical Review. Theoretical journal for the questions of state and law)
• Year: 2017
• Volume: 100
• Issue: 6
• Pages: 611 – 621

Contributors

author

Janáč Viliam

• Ústav štátu a práva SAV, Bratislava, Slovak Republic