Austrian Supreme Court departs from its strict case law on value retention clauses in association proceedings.
TO THE POINT
In the recently published 6th edition of the third volume of the renowned Munich Commentary, DSC partner Peter Csoklich focuses on the assertion of claims for damages against board members and shareholders – through the general meeting or by way of a minority right (articles 147 et seq. dAktG). Christoph Diregger dedicates his article to syndicate agreements (article 136 dAktG).
Both DSC partners analyze the respective provisions in relation to Austrian law.
The Munich Commentary, published by C. H. Beck Verlag, is considered an indispensable work for all those who deal intensively with stock corporation law. The well-known reference work offers practical solutions and well-founded information at the highest level.
Austrian Supreme Court departs from its strict case law on value retention clauses in association proceedings.
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