Právny obzor

6

Ročník 104

2021

 

 
T E O R E T I C K Ý  Č A S O P I S  P R E  O T Á Z K Y  Š T Á T U  A  P R Á V A

JANÁČ, V.: Shoot-out right.

Právny obzor, 100, 2017, č. 6, s. 611 – 621.

Abstract. Shoot-out right. The article provides basic analysis of the shoot-out right, in particular as regards its functionality. The shout-out right is a tool for handling of conflict situations in a company, where the exercise of this right is usually connected with exit of one of the shareholders and resulting domination of the company by the remaining shareholder. In the legal practice (in particular Anglo-American) a number of variants of the exercise of this right have developed; these variants are covered in detail in this article. From 1 January 2017 the shoot-out right is part of Slovak system of law as secondary arrangement in the shareholder agreement of a simple joint-stock company. At first sight, the shoot-out right represents an elegant and fair solution to overcoming of a conflict, which might present potential risk to the very existence of a company. However, this right, and in particular its exercise, bring a number of risks. This fact is proved by the foreign practice, where this right is exercised in a very small number of cases and where the shareholders prefer other method of resolution of a conflict, mainly by mutual agreement.

Key words: conflict of shareholders, standoff, Russian roulette, Texas shoot-out, disadvantages of the shoot-out right

ISSN 2729-9228
(online)

ISSN 0032-6984
(print)

TEORETICKÝ ČASOPIS PRE OTÁZKY ŠTÁTU A PRÁVA. VYDÁVA ÚSTAV ŠTÁTU A PRÁVA SLOVENSKEJ AKADÉMIE VIED

THEORETICAL REVIEW FOR ISSUES OF STATE AND LAW. PUBLISHED BY THE INSTITUTE OF STATE AND LAW OF THE SLOVAK ACADEMY OF SCIENCES

REVUE THEORIQUE CONSACREE AUX QUESTIONS DE L´ÉTAT ET DU DROIT. PUBLIEE PAR L´INSTITUT DE L´ETAT ET DU DROIT DE L´ACADEMIE SLOVAQUE DES SCIENCES

THEORETISCHE ZEITSCHRIFT FÜR DIE FRAGEN ÜBER DEN STAAT UND RECHT. HERAUSGEGEBEN VON INSTITUT FÜR STAAT UND RECHTS DER SLOWAKISCHEN AKADEMIE DER WISSENSCHAFTEN

 

Redakcia | Editorial Office

Redakcia časopisu Právny obzor
Klemensova 19
813 64 Bratislava

Tel.: (+421) (2) 52 962 325
E-mail: usappo@savba.sk
Web: www.usap.sav.sk

Vydavateľ | Publisher

Ústav štátu a práva SAV
Klemensova 19
813 64 Bratislava

Tel.: (+421) (2) 52 961 833
E-mail: usapsekr@savba.sk
Web: www.usap.sav.sk

Distribútor | Distributor

Wolters Kluwer s.r.o.
Mlynské Nivy 48
821 09 Bratislava

Tel.: (+421) 910 911 256
E-mail: kralovicova@wolterskluwer.sk
Web: www.wolterskluwer.sk

 
 

Copyright © 2000 - 2022 Ústav štátu a práva SAV. All rights reserved.Design by Mgr. Peter Krákorník - AKRONET