Majority defines shareholder interest absent abuse

BGE 76 II 51Coletânea oficial do Tribunal Federal (BGE) / Volume II21 de mar. de 1950Dismissed

Extraído pela Omnilex

Resumo Omnilex

The court held that, to the extent shareholder interest can be assessed in this context, it is the collective interest of all shareholders. Its content is defined by the majority. In the case at hand, there was no indication that the majority had abused this power or misconstrued that interest.

Sumário Omnilex

Shareholder interest, where relevant in the corporate context, is to be understood as the common interest of all shareholders; its concrete content is determined by the majority. Absent concrete indications of abuse, a court will not interfere with the majority’s assessment of that interest.

Texto completo

Soweit in diesem Rahmen das Interesse der Aktionäre veranschlagt werden kann, muss es das Interesse aller zusammen sein; was dieses Interesse darstellt, sagt aber die Mehrheit. Dafür, dass im vorliegenden Fall diese Mehrheit das Interesse missbräuchlich verstanden habe, fehlt jeder Anhaltspunkt.

Palavras-chave

corporate lawshareholder interestmajority ruleabuse of rights

Extraído pela Omnilex

Questões jurídicas principais extraídas pela Omnilex

Questão jurídica principal

Whether the shareholder interest was abusively understood by the majority

Decisão extraída

If shareholder interest can be assessed in this framework, it must be the interest of all shareholders together; the content of that interest is determined by the majority, and there was no indication of abusive interpretation here.

Fundamentação extraída

The court treated the majority as the decisive voice for defining the common shareholder interest, absent any concrete indication of abuse.

Majority defines shareholder interest absent abuseGerado por IA

Resumo Omnilex Gerado por IA

Sumário Omnilex Gerado por IA