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Assume nothing. New regulations for civil law partnerships won't prevent a contracting party from terminating a shareholder agreement. Protect yourself and consult an expert.
Assume nothing. New regulations for civil law partnerships
won't prevent a contracting party from terminating a
shareholder agreement. Protect yourself and consult an expert.
The 2015 Amendment of the Austrian Civil Code rules governing
civil law partnerships has the potential of affecting the status of
existing shareholder agreements in unexpected ways. Thus, as a part
of new 2016 omnibus corporate bill, the Austrian legislator
attempts to repair the potentially problematic provisions of the
2015 statute. Nevertheless, for old and new shareholder agreements,
particular caution is advisable.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
