Abstract

The gloss presents the issue of importance for legal transactions involving rights transferred to the buyer of shares in a limited liability company. The author points out which rights of a partner are passed to the purchaser upon conclusion of a share purchase agreement, and for which rights transition to a new partner is subject to inclusion of specific clauses in the agreement. The author also draws attention to the ban on splitting equity interests, which consists in the fact that the sale involves shares with all its inherent rights.