A previous post had a look at the ancient partnership en commandite as a treasure-trove for company law reform. This post explores what we can learn from the ‘partnership en commandite’ for the regulation of distributions to shareholders. Continue reading “Distributions to shareholders: inspiration from the ‘partnership en commandite’?”
Distributions to shareholders: inspiration from the ‘partnership en commandite’?
In case of an irregular distribution a shareholder – even in good faith – is less deserving of protection than a creditor