{"id":398005,"date":"2026-06-04T10:37:56","date_gmt":"2026-06-04T08:37:56","guid":{"rendered":"https:\/\/ga-p.com\/?post_type=publicacion&p=398005"},"modified":"2026-06-04T10:37:58","modified_gmt":"2026-06-04T08:37:58","slug":"unanimous-shareholders-agreements-and-dividends-in-specie","status":"publish","type":"publicacion","link":"https:\/\/ga-p.com\/en\/publications\/unanimous-shareholders-agreements-and-dividends-in-specie\/","title":{"rendered":"Unanimous shareholders’ agreements and dividends in specie"},"content":{"rendered":"
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The Supreme Court and the Madrid Provincial Court, following established legal doctrine, have reiterated that a party to a unanimous shareholders\u2019 agreement acts in bad faith if he or she challenges a company resolution passed in compliance with said shareholders\u2019 agreement. In this case, the shareholders\u2019 agreement provided for the possibility of paying dividends in kind, and the contested resolution \u2014 which was passed by a majority at the shareholders\u2019 meeting \u2014 transferred certain real estate properties to one of the shareholders (with his consent) in payment of the dividend due to him.<\/p>\n\n\n\n

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Autor\/s<\/div>\n
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\n <\/span>\n Alberto D\u00edaz<\/span>\n – Academic Counsel<\/span>\n <\/p>\n <\/div>\n <\/div>\n \n \n

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\n <\/span>\n Analysis<\/span>\n <\/p>\n <\/div>\n \n

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\n <\/span>\n Competition and European Union law<\/a>\n <\/p>\n <\/div>\n <\/div>\n<\/div>\n\n<\/div>\n<\/div>\n\n<\/div>\n\n <\/div>\n\n<\/div>\n\n\n

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Alberto D\u00edaz<\/div>\n
Consejero Acad\u00e9mico<\/div>\n
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\n \"email\"\n\n adiaz@ga-p.com<\/a>\n <\/div>\n
\n \n Madrid<\/a>\n <\/div>\n <\/div>\n <\/div>\n
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Alberto D\u00edaz<\/div>\n
Consejero Acad\u00e9mico<\/div>\n
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\n \"email\"\n\n adiaz@ga-p.com<\/a>\n <\/div>\n
\n \n Madrid<\/a>\n <\/div>\n <\/div>\n <\/div>\n
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The Supreme Court and the Madrid Provincial Court, following established legal doctrine, have reiterated that a party to a unanimous shareholders\u2019 agreement acts in bad faith if he or she challenges a company resolution passed in compliance with said shareholders\u2019 agreement. In this case, the shareholders\u2019 agreement provided for the possibility of paying dividends in kind, and the contested resolution \u2014 which was passed by a majority at the shareholders\u2019 meeting \u2014 transferred certain real estate properties to one of the shareholders (with his consent) in payment of the dividend due to him.<\/p>\n","protected":false},"featured_media":390686,"template":"","publicacion_categoria":[126],"class_list":["post-398005","publicacion","type-publicacion","status-publish","has-post-thumbnail","hentry","publicacion_categoria-analysis-en"],"acf":[],"yoast_head":"\nUnanimous shareholders' agreements and dividends in specie - Despacho de abogados G\u00f3mez-Acebo y Pombo<\/title>\n<meta name=\"description\" content=\"The Supreme Court and the Madrid Provincial Court, following established legal doctrine, have reiterated that a party to a unanimous shareholders\u2019 agreement acts in bad faith if he or she challenges a company resolution passed in compliance with said shareholders\u2019 agreement. 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