Austrian Supreme Court departs from its strict case law on value retention clauses in association proceedings.
TO THE POINT
The virtual shareholders' meeting law (VirtGesG) has now been incorporated into permanent law. It offers a reliable legal framework that provides an alternative to general meetings held in person. However, the sometimes vehement criticism voiced by shareholders and a number of unresolved issues are now leaving listed companies at a loss as to whether the advantages or disadvantages outweigh the disadvantages.
DSC partner Christoph Diregger is the new expert director of the virtual shareholder's meeting law update and will, together with Chrstioph Nauer (bpv Hügel), be summarizing the advantages and disadvantages. You will also receive practical tips on how to approach the matter in order to make a qualified decision.
The event will take place on February 29 at the Haus der Ingeninieure in Vienna.
Austrian Supreme Court departs from its strict case law on value retention clauses in association proceedings.
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