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Drag-Along Rights

Julien Fissette
Published on
October 18, 2023
Last edited on
May
X
min read
1
min read
Summary
Example H2

Drag-Along Rights

Julien Fissette
Published on
October 18, 2023
Last edited on
1
min read
May
?
min read
Legal Document

Drag-Along Rights

Drag-along rights empower majority shareholders in a startup to compel minority shareholders to join in the sale of the company. These rights simplify transactions and prevent minority shareholders from blocking a sale. However, they can also be a point of tension if minority shareholders feel they are being unfairly compelled to sell.

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Roundtable EuVECA Manager Lux S.à.r.l. is registered with the Commission de Surveillance du Secteur Financier (CSSF) under number A3650 as manager of collective investment undertakings that wish to use the designation‘EuVECA’ as per article 14 of EU Regulation n° 345/2013 of the EU Parliament and of the Council of 17 April 2023 on European venture capital funds.
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Roundtable EuVECA Manager Lux S.à.r.l. is also registered as manager of alternative investment funds under article 3 (3) of the Act of 12 July 2013 on alternative investment funds managers.