Abstract
The paper analyzes close corporation involuntary dissolution, and places it in the context of two other shareholders remedies: appraisal rights and damages. It is argued that dissolution is oriented to a renegotiation between the majority and the minority shareholder, recreating the initial conditions of the investment-with several limits. Based on this analysis, dissolution is described as a mechanism alternative but not subordinate to appraisal rights, and damages as a complementary remedy that must be made compatible with liquidating distribution.
Translated title of the contribution | The place of the involuntary dissolution within the remedies of the close corporation minority shareholder |
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Original language | Spanish |
Pages (from-to) | 71-101 |
Number of pages | 31 |
Journal | Revista Chilena de Derecho |
Volume | 49 |
Issue number | 2 |
DOIs | |
State | Published - 2022 |
Bibliographical note
Publisher Copyright:© 2022 Pontificia Universidad Catolica de Chile. All rights reserved.
Keywords
- closely held corporation
- corporate dissolution
- appraisal rights
- damages
- shareholder disputes