<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The article provides a basic analysis of the shoot-out right, in particular as regards the mechanism of its functioning. The shoot-out right is an instrument 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 domination of the company by the remaining shareholder. At first sight, the shoot-out right is an elegant and fair solution for overcoming a shareholder conflict, which could threaten the very existence of the company. However, this right, and in particular its exercise, brings some risks.</p></abstract>

The article provides a basic analysis of the shoot-out right, in particular as regards the mechanism of its functioning. The shoot-out right is an instrument 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 domination of the company by the remaining shareholder. At first sight, the shoot-out right is an elegant and fair solution for overcoming a shareholder conflict, which could threaten the very existence of the company. However, this right, and in particular its exercise, brings some risks.

Shoot-out right

Institute of State and Law of Slovak Academy of Sciences

International and Comparative Law Review

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Shoot-out right"}

The article provides a basic analysis of the shoot-out right, in particular as regards the mechanism of its functioning. The shoot-out right is an instrument...

Shoot-out right

Published Online: Oct 14, 2020

Page range: 265 - 282

DOI: https://doi.org/10.2478/iclr-2020-0012

Keywords
conflict of shareholders, deadlock, Russian roulette, determination of purchase price per unit, financial asymmetry

© 2020 Viliam Janáč, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Shoot-out right

Published Online: Oct 14, 2020

Page range: 265 - 282

DOI: https://doi.org/10.2478/iclr-2020-0012

Keywordsconflict of shareholders, deadlock, Russian roulette, determination of purchase price per unit, financial asymmetry

© 2020 Viliam Janáč, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
conflict of shareholders, deadlock, Russian roulette, determination of purchase price per unit, financial asymmetry