Seizure rights enable shareholders to demand the transfer of their share for compensation under certain conditions. Those conditions might be insolvency of a shareholder. Such regulations are common practice and aim to prevent an insolvent shareholder\u2019s share being sold by auction and thus introducing a stranger to the company\u2019s shareholders.<\/p>\n
Now the Higher Regional Court Linz (GZ 6 R 95\/19m) has brought this to an end and declared that the Insolvency Statute (\u201cInsolvenzordnung\u201d) contradicts such practices.<\/p>\n
In a special contribution to the most recent legal column of the daily newspaper Die Presse, Daniela Huemer<\/a> and Theresa Haglm\u00fcller<\/a> present this decision and its possible consequences.<\/p>\n","protected":false},"excerpt":{"rendered":" Seizure rights enable shareholders to demand the transfer of their share for compensation under certain conditions. Those conditions might be insolvency of a shareholder. Such regulations are common practice and aim to prevent an insolvent shareholder\u2019s share being sold by auction and thus introducing a stranger to the company\u2019s shareholders.<\/p>\n Now […]<\/p>\n","protected":false},"author":17,"featured_media":5504,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[31],"class_list":["post-5705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/posts\/5705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/comments?post=5705"}],"version-history":[{"count":0,"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/posts\/5705\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/media\/5504"}],"wp:attachment":[{"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/media?parent=5705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/categories?post=5705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}