Workshop E

The rights of minority shareholders in public and privately held corporations

Having a global perspective on rights of minority shareholders in public and privately held corporations is an essential tool for understanding the need for changes in rules and attitudes to allow greater powers for the aforementioned minority, in manners that increase their ability to defend themselves against expropriation – such as misuse of assets, reallocation of profits, transfer pricing, etc. – in the wake of world corporate governance turbulence. Real activism of minority shareholders aiming to have the oppor tunity to challenge the status quo seems to be one of the best vehicles to safeguard their rights. On the other hand, such activism should not have as a consequence going from one extreme to another, paradoxically converting minority protection into minority control, affecting investors and the market. The ideal would be the “harmonization of rights” of all shareholders.

 

Workshop Schedule:

14.30 – 16.00 on Thursday 3 September

 

Speakers:

Moderator: Ricardo Chacon Lopez-Velarde, Chacon & Rodriguez, S.C. (Mexico)

Panelists:

Renato Azevedo, Rulli Advogados Associados (Brazil)
Milena Prisco, Studio Previti Associazione Professionale (Italy)
Ramesh Vaidyanathan, Advaya Legal (India)
Kenji Hirooka, Anderson Mori & Tomotsune (Japan)
Jan Henning Martens, Friedrich Graf von Westphalen & Partner (Germany)
Pablo Vinageras, J&A Garrigues, S.L.P (Spain)
Micael Karlsson, Advokatfirman Delphi (Sweden)

 

COMMISSION: International Business Law (IBLC)

GENERAL REPORTER

Ricardo Chacon, International Business Law

Ricardo Chacon

 

SESSION DOCUMENTS

General Report

 

National Reports:

Brazil

Germany

Hungary

India

Italy

Iran

Latvia

Lithuania

Spain

Sweden