![]() ![]() Normally we find the aforementioned clauses in the shareholders agreements (italian parasocial pacts), or in the equity joint venture agreements, where the contractual text incorporates the rules that the venturers have given themselves to manage the common society they have created. This type of clause comes into play when in the events of the company, is the case for example of the italian compani (S.r.l.) in which the participations are held to 50% from two associates, we find ourselves in situations of decisional stall (so-called deadlock). In such cases, in the disagreement of the parties, the effect would be to effectively paralyse society to the point of dissolution.Īt the international level it, is frequent then the use to insert in the statute the so-called “ russian roulette clause“, typical of the systems of common law, on whose legitimacy the Notary Council of Milan has recently pronounced with the maximum n.
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