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Sebastian S. Schmitt
Radikale Beendigungsmechanismen im Gesellschaftsrecht
Russian Roulette, Texas Shoot Out und Co. aus rechtlicher, rechtsvergleichender und ökonomischer Perspektive
[Radical Termination Mechanisms in Corporate Law. Russian Roulette, Texas Shoot Out and Co. from Legal, Comparative, and Economic Perspectives.]
2020. XXI, 257 pages. Published in German.
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Summary
Sebastian S. Schmitt analyses buy-sell ('shotgun clause') mechanisms through a legal, comparative, and economic lens. While such mechanisms promise quick and fair separation of shareholders and can thus prove highly beneficial, making use of them blindly can entail significant risks.