Publication details

Úvaha nad závazností vedlejších (tzv. extrastatutárních) dohod společníků kapitálových společností

Title in English Consideration on binding of side letters agreements in capital companies
Authors

AUGUSTÍNOVÁ Kateřina

Year of publication 2018
Type Article in Proceedings
Conference Dny Práva 2017
Citation
Description The article deals with the binding of side letter agreements. These agreements are concluded between associates (or among all of them) in a capital company. The purpose of the agreements is to regulate rights and obligations related to a participation in a company. First, the limits of the autonomy of will of associates during the process of conclusion will be discussed. Also the persons which can be bound according to § 1759 Civil Act by the agreements will be mentioned (contracting parties, company, third parties). Second, the possible breaches of binding of the agreements according to § 1764 - 1766 Civil Act, especially significant change of circumstances (in the environment of company law), will be considered. The goal of the article is to describe these specific agreements and analyse possible influence of company environment on the content and binding of them.
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