S&K Vertical’s case of challenging corporate decisions and deals of Aspekt-Finans by an ultimate beneficiary is recognized as the best commercial case of the year 2016
Legal Insight has published the results of the 2016 Best Commercial Case poll.
An undisputed leader with 73 per cent of the votes became the case of S&K Vertical, in which an ultimate beneficiary challenged the corporate decisions and deals of Aspekt-Finans..
We remind that in this case the Economic Disputes Chamber of the Supreme Court has recognized as a matter of principle that the right to challenge corporate decisions and deals of a company is available ot only to its shareholders, but also to its ultimate beneficiary, that is, the person who owns the company indirectly (through a "chain ofcompanies")
Links to the materials on the matter are below