The Transmission of a Business Mortis Causa in Scots Law

Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)peer-review

Abstract

The vast majority of Scottish business organisations are family businesses structured as sole traders or partnerships. For these business entities, trans- mission mortis causa of a business or of a fraction of it is governed by the general rules of succession and by business planning through specific contractual arrangements. For businesses organised as registered companies, the death of a shareholder triggers additional company law rules regarding transmission of shares, which take the form of mandatory company law provisions or default provisions of Model Articles of Association.
Original languageEnglish
Title of host publicationCompany Law and the Law of Succession
EditorsSusanne Kalss
PublisherSpringer International Publishing
Pages387-401
Number of pages14
Edition1
ISBN (Print)9783319180106
Publication statusPublished - Oct 2015

Publication series

NameIus Comparatum - Global Studies in Comparative Law
PublisherSpringer International Publishing
ISSN (Print)2214-6881

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