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Posts tagged #squeeze-out

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OGH: Adjustment Certificates Do Not Securitise Shareholder Rights

Corporate Law 

The Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) has clarified that anyone purchasing a securitised adjustment certificate does not thereby acquire the rights of the original squeezed out shareholder. This applies, in particular, to...

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OGH on the review procedure under the GesAusG

Civil Law 

In the review procedure regarding the cash settlement for shareholders excluded under the Austrian Shareholders' Exclusion Act (Gesellschafter-Ausschlussgesetz, GesAusG), neither an execution title is to be created, nor is interest to be paid on the ...

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