The exclusion of shareholders has been seen over the years as a specific procedure aimed at safeguarding companies, in case of a serious breach of the legal and contractual obligations of the shareholders or in case of events with legal effects on some shareholders – resulting in the loss of the “unanimous” consent expressed as affectio societatis (consisting in the shareholders’ intention to cooperate in running the business to achieve and share the benefits).

Walless has advised Affidea Lietuva on its acquisition of the Lithuanian business of Synlab Lietuva. Cobalt, working with CMS' office in Germany, advised the sellers.

Taylor Wessing has advised the shareholders of myClubs on the sale to Urban Sports Club.

Turunc, working with DLA Piper's Atlanta office, has advised ICV Partners on its sale of Horizon Air Freight to GHK Capital Partners. Davis Polk & Wardwell reportedly advised the buyer.

Aksan Law Firm has advised Livzym Biotechnologies on a recent investment round led by Lallemand via its Swiss affiliate Danstar Ferment.

GFKK Grzybczyk Kaminski Gawlik has advised ArcelorMittal Distribution Solutions Poland on the spin-off of an organized part of the enterprise from its structure and establishment of a new company – ArcelorMittal SSC Poland.