{"id":9475,"date":"2021-01-18T19:51:00","date_gmt":"2021-01-18T18:51:00","guid":{"rendered":"https:\/\/www.haslinger-nagele.com\/?p=9475"},"modified":"2021-03-14T19:54:59","modified_gmt":"2021-03-14T18:54:59","slug":"ogh-insists-on-strict-observance-of-form-when-taking-up-llc-shares","status":"publish","type":"post","link":"https:\/\/www.haslinger-nagele.com\/en\/ogh-insists-on-strict-observance-of-form-when-taking-up-llc-shares\/","title":{"rendered":"OGH insists on strict observance of form when taking up LLC shares"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>Articles of association, which are in the proper form and provide the co-shareholders with a right of pre-emption in the event of a planned sale of shares, cannot simply replace the required notarial deed for the transfer offer.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Recently, the Supreme Court of Justice (<a href=\"https:\/\/www.ris.bka.gv.at\/Dokument.wxe?ResultFunctionToken=3a280fd1-c002-4fcc-afc5-25bc53c22f41&amp;Position=1&amp;SkipToDocumentPage=True&amp;Abfrage=Justiz&amp;Gericht=&amp;Rechtssatznummer=&amp;Rechtssatz=&amp;Fundstelle=&amp;AenderungenSeit=Undefined&amp;SucheNachRechtssatz=True&amp;SucheNachText=True&amp;GZ=6+Ob+198%2f20s&amp;VonDatum=&amp;BisDatum=18.01.2021&amp;Norm=&amp;ImRisSeitVonDatum=&amp;ImRisSeitBisDatum=&amp;ImRisSeit=Undefined&amp;ResultPageSize=100&amp;Suchworte=&amp;Dokumentnummer=JJT_20201125_OGH0002_0060OB00198_20S0000_000\" target=\"_blank\" rel=\"noreferrer noopener\">OGH 25.11.2020., 6 Ob 198\/20s<\/a>) had to judge whether a notarial deed is required if the articles of association contain a clause which provides the co-shareholders with a right of pre-emption in the event of a planned sale of shares.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our Partner <a href=\"https:\/\/www.haslinger-nagele.com\/en\/team\/daniela-huemer\/\" target=\"_blank\" rel=\"noreferrer noopener\">Daniela Huemer<\/a> together with Associate <a href=\"https:\/\/www.haslinger-nagele.com\/en\/team\/theresa-haglmueller\/\" target=\"_blank\" rel=\"noreferrer noopener\">Theresa Haglm\u00fcller<\/a> informed about the Supreme Court of Justice\u2019s ruling in the daily newspaper <a href=\"https:\/\/www.haslinger-nagele.com\/wp-content\/uploads\/2021\/01\/0121_Huemer_Haglm%C3%BCller_OGH-besteht-Formstrenge-bei-Aufgriff-von-GmbH-Anteilen.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Die Presse<\/a>. The article can be accessed here.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A partnership agreement in the correct form which provides for a right of recourse of the co-shareholders in the event of an intended sale of shares cannot without further ado replace the required notarial deed for the offer of assignment.<\/p>\n","protected":false},"author":17,"featured_media":8713,"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-9475","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\/9475","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=9475"}],"version-history":[{"count":0,"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/posts\/9475\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/media\/8713"}],"wp:attachment":[{"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/media?parent=9475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/categories?post=9475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}