Abstract

The article discusses price issues in the squeeze-out procedure for non-public companies. A proper price mechanism is a key element of protection of minority shareholders. The article deals in particular with the following issues: methods of share valuation by an expert and applicable discounts, length of a period when a share valuation may be questioned, majority and minority shareholders as participants in the court proceedings questioning this valuation, appointment of an expert by a general meeting instead by a court, issues around independence of an expert, consequences of failure to pay the squeeze-out price by majority shareholders.