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exemption for transactions with wholly owned subsidiaries allows controlling shareholders to circumvent the rule extensively … shareholders and creditors. Hence, if the Commission choses to go down this route it might end up with a comprehensive regulation …
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The family protocol is a legal instrument that, regardless of the applicable corporate regulation, intends to organize the interaction between a family and their family-owned business, to clearly distinguish both spheres and most importantly, to plan the succession of the closely-held family...
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