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The Spain supreme court establishes doctrine on the right of separation of the shareholders

The Spain supreme court establishes doctrine on the right of separation of the shareholders

26 marzo 2021

We analyse the recent doctrine of the Spain Supreme Court on the right of separation of shareholders in corporate enterprises. The Civil Chamber of the Supreme Court rules on the moment in which the shareholder loses his condition as such and the moment in which the reimbursement right of the separated shareholder's shares arises, both aspects unregulated in the Corporate Enterprises. The Supreme Court furthermore refers to the treatment of the separate partner's right to reimbursement in insolvency proceedings.

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