The doctoral dissertation examines the business share seller’s liability for defects in the company’s properties and systematically places it within the framework of applicable regulations. The core research hypothesis is that the business share seller’s liability for defects in the properties of the company in which it sells a business share shall be assessed in accordance with the legal provisions governing the seller’s guarantee for material defects, which significantly affects the obligations of the parties to the share purchase agreement during due diligence of the company, which shall be understood as a regular inspection of thing within the provisions on the seller’s liability for material defects, and on the content of the contractual provisions on the business share seller’s liability for the properties of the company, in the formulation of which the seller’s statutory liability for material defects shall be considered.
The doctoral dissertation examines the research hypothesis through identification of potential legal grounds for assessing the business share seller’s liability and arguments for its assessment within the legal system of seller’s guarantee for material defects. In this regard, the doctoral dissertation attempts to confirm the supporting thesis that when assessing the business share seller’s liability for defects in the properties of the company in which the business share is sold, the statutory regime of guarantee for material defects shall be considered.
Furthermore, the doctoral dissertation examines the legal nature of due diligence of the company and certain standard contractual provisions that contractually regulate the business share seller’s liability for defects in the company’s properties, as well as the impact of the business share seller’s liability in accordance with the legal system of guarantee for material defects on them and on enforcement of thereto related claims. Within this, the doctoral dissertation tries to confirm the supporting thesis that due diligence of the company represents a normal inspection of things in the sense of the provisions on the seller’s liability for material defects, and that the contractual provisions of the share purchase agreements, which regulate the business share seller’s liability for defects in the company’s properties, shall be considered in accordance with the statutory provisions on the seller’s liability for material defects.
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