Herausgabeansprüche
Herausgabeansprüche, also known as redemption rights, are a legal mechanism that allows shareholders to demand that a company's management buy back their shares at a predetermined price. This provision is typically included in the company's articles of association or shareholder agreement. The primary purpose of Herausgabeansprüche is to protect shareholders from unfair management actions, such as diluting their ownership or engaging in activities that reduce the company's value.
The redemption price is usually set at the time of the share issuance and can be based
Herausgabeansprüche are particularly relevant in the context of private companies, where the market for shares may