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Appraisal remedies have proven to be an effective instrument for minority protection in both Germany and the US. A crucial element of this remedy is the determination of a "fair price", giving rise to complicated questions of business valuation. This article gives an overview of the key...
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This article analyses shoot-out clauses as a popular means of resolving deadlocks in two member partnerships or close corporations. It presents the different varieties of shoot-out clauses developed in Anglo-American legal practice that are being increasingly discussed on the European continent....
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