PeliPartners’ Post

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Our colleagues, Carmen and Delia, delve deeper into effective remedies within the Romanian legal framework to address corporate deadlocks. They highlight legal pathways such as shareholder exclusion and withdrawal procedures, despite their complexity. Additionally, they emphasize the importance of robust shareholder agreements and innovative buyout clauses like “Russian Roulette” and “Texas Shootout” to prevent and resolve disputes. These tools are crucial for maintaining efficient corporate governance and overcoming potential stalemates.   Read the second part of the analysis, here - https://shorturl.at/HOg1e. Please note that this is an adaptation of an article first published by PeliPartners on the website of the Corporate and M&A Law Committee of the Legal Practice Division of the International Bar Association. The original article may be read here - https://shorturl.at/X6iBC

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