Changes in Corporate Law
The FBK Legal team has released a bulletin summarising key changes in corporate law — a practical overview for businesses.
The bulletin sheds light on the following issues:
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Fair value upon withdrawal from an LLC — consideration of goodwill for market valuation of an ownership interest.
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Stability of transactions following a change of ownership — protection against challenges by a new owner to transactions concluded under the previous owner.
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Simplification of holding structures — legal recognition of nested corporate structures (the so-called ‘matryoshka companies’).
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Flexibility of pre-emptive rights — the possibility to limit or waive such rights in the company charter.
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Liability for representations in M&As — the seller bears liability even when due diligence has been conducted.
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Protection against minority shareholder dilution — additional share issuances require economic justification.
We remain available to address any questions you may have