RUSSIAN ROULETTE IN THE STATUTE? IS THIS A JOKE?

Russian roulette exists also in the corporate world, and – unlike the deadly game of chance – it could be a useful solution for getting out of decision-making deadlocks. In shareholders’ agreements, but also within bylaws, such a clause can be...

LA ROULETTE ROUSSA IN STATUTO? MA E’ UNO SCHERZO?

La roulette russa esiste anche nel mondo societario, e, a differenza del letale gioco d’azzardo, potrebbe rappresentare una soluzione utile per uscire dagli stalli decisionali. In sede di patti parasociali ma anche all’interno di statuti, tale clausola può essere...

What if the preemption clause is not enough?

The classic preemption clause does not apply in cases where the change of control affects a shareholder’s company. Are there protections, and if so, what are they and how can they be implemented?   >> READ LDP ARTICLES TO STAY UPDATED     The...

E se la clausola di prelazione non bastasse?

La clausola di prelazione classica non trova applicazione nel caso in cui il change of control interessi una società socia. Sussistono tutele, e se si, quali e come attuarle?   >> LEGGI GLI ARTICOLI DI LDP PER RIMANERE AGGIORNATO SULLE ULTIME NOVITÀ  ...

Legal Due Diligence: Beware of Credit Assignments

The assignment contracts Credit assignment is the contract by which the creditor (assignor) transfers its right to credit to a third party (assignee), who will collect it from the debtor (assigned). This is an increasingly common practice, involving not only banking...
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