DIVIDEND LOCK-UP: MINORITY SHAREHOLDERS HAVE A SAY
- Posted by José Marco
- On 13 March 19
- Dividends, Separation Right
Lenders under Spanish law financing transactions should be concerned about the existence of minority shareholders of their borrowers (save for the case where the company in question is listed, or in a pre-insolvency scenario or in an insolvency proceeding), if and when a dividend lock-up provision applies to the transaction at hand. Spanish law on […]