Austrian Supreme Court departs from its strict case law on value retention clauses in association proceedings.
The sixth edition of the first volume of the Münchener Kommentar (Munich Commentary) on the German Stock Corporation Act has just been published by C.H.Beck Verlag. DSC partners Peter Csoklich and Christoph Diregger are among the respected authors of this renowned reference work.
Peter Csoklich comments on the provisions on the exclusion of shareholders in the event of non-payment of contributions as well as the invalidation of shares.
Christoph Diregger dedicates his contribution to the corporation and the group company.
Both analyze the respective provisions in relation to the Austrian law.
Austrian Supreme Court departs from its strict case law on value retention clauses in association proceedings.
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