Právo sell-out z pohledu teorie a praxe
The Sell-out Right in Theory and Practice

Summary/Abstract: The sell-out right represents an important instrument of the protection of minority shareholders, despite its limited application in practice. The Czech regulation of the sell-out right reflects its meaning only partially. The explicit formulation of the sell-out rule (general clause) can be judged positively. On the other hand, the particular rules of the sell-out procedure don’t fully respect the specific characteristics of the sell-out right. The aim of this article isn’t only to point on the legislative shortcomings, but also to offer some applicable solutions, including the use of the functionally comparable exit right.

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