The aim of this paper is to analyse how the “referral to third parties” under Article 838-quinquies of the Italian Code of Civil Procedure, affects the governance structure of limited liability companies. In particular, it will be seen that this transfer of decision-making competence can be traced back to the shareholders’ power to claim management decisions, removing them from the otherwise general decision-making competence of the directors, without prejudice to the latter’s responsibility for their implementation.
Le clausole di risoluzione dei contrasti sulla gestione di società nel sistema di governance delle s.r.l.
Edoardo Compagnoni
2025-01-01
Abstract
The aim of this paper is to analyse how the “referral to third parties” under Article 838-quinquies of the Italian Code of Civil Procedure, affects the governance structure of limited liability companies. In particular, it will be seen that this transfer of decision-making competence can be traced back to the shareholders’ power to claim management decisions, removing them from the otherwise general decision-making competence of the directors, without prejudice to the latter’s responsibility for their implementation.File in questo prodotto:
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