| Summary: | The Abuse of Majority and Minority Shareholder Power in a Limited Liability Company - A Comparative Study of Czech and English Law. This thesis is concerned with the abuse of majority and minority shareholder power in limited liability companies. Its goal is to compare Czech and English law concerning this area. As enough literature exists examining this topic from the perspective of Czech law, this paper is focused primarily on English law in order to introduce its approach and legal concepts to the Czech reader. The paper is composed of five chapters. Chapter One is introductory. It provides a brief introduction on English Legal System, as well as sources of Company Law both in Czech and English law. Definitions of legal concepts used in the thesis are explained, such as limited liability company, shareholder, shareholders' rights etc. Chapter Two examines Czech law on shareholder power abuse by introducing the legal framework and sources of law. Basic legal principles used by Czech courts to interpret the limits of shareholder rights exercise are examined, as well as the relevant statutory provisions of the Czech Commercial Code, Act no. 5013/1991 Coll. and key court decisions. Chapter Three seeks to outline the basic legal framework of English law. It examines the key principles of English...
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