Business Succession Planning

back to overview

Type and Duration

FFF-Förderprojekt, May 2016 until October 2018 (finished)

Coordinator

Chair of Company, Foundation and Trust Law

Main Research

Wealth Management

Field of Research

Wealth Planning

Description

Well-arranged and successful business succession requires a broad and diverse knowledge base in various areas of law. Therefore, in addition to company law considerations, it is sometimes necessary to address issues concerning inheritance and civil law. In cases with cross-border elements, the application of international conflict rules must also be taken into account. The present research project is intended to address the options available in company law in relation to company succession. In this context, the various results which may be achieved using a company's articles of association or similar contractual agreements will be examined in detail. In addition, alternative structures which may be used for the purpose of intergenerational wealth transfer will also be explored. The aim of this project is to present the opportunities and limitations in relation to business succession structuring by means of comparative law research and through publications thereby provide courts and practitioners with specific reference points when lacunae in the law and issues surrounded by legal uncertainty arise.

Reference to Liechtenstein

The present research project is intended to make a practical and important contribution towards planned and future business transfers. Making reference to the legal systems of neighbouring countries should enable a solution suited to the specific feature of the Liechtenstein system to be developed, with which the transfer across generations will be considerably easier. The Liechtenstein economy, in particular, will benefit from well-arranged business succession, which can often be extremely difficult to achieve due to the complexity involved, the interplay of a variety of legal fields (for example, contract law, inheritance and family law, company law, tax law, conflicts of law) and business aspects.

Keywords

Corporate Law, Corporate succession, comparative law analysis, Foundation Law, Law

Principal Investigator

Univ.-Prof. Dr. Francesco A. Schurr

Project Collaborators

Prof. Dr. iur. Alexandra Butterstein, LL.M.

Dr. Ilira Cela, LL.M.

Dr. Matthias Marxer, LL.M.

Contributor

Birgit Melzer

Sponsor

  • Forschungsförderungsfonds der Universität Liechtenstein

Publications

  • Cela, I. (2018). Die Vererbung von GmbH-Geschäftsanteilen. Liechtensteinische Juristen-Zeitung(4/2018), 173-183.

    more

  • Schurr, F., & Butterstein, A. (2018). Konfliktvermeidung und Konfliktlösung bei der liechtensteinischen Stiftung. Spektrum des Wirtschaftsrechts, 215-240.

    more

  • Marxer, M. (2018). Die personalistische Aktiengesellschaft als geeignetes Nachfolgeinstrument - Aktionärbindungsverträge und Vinkulierungsbestimmungen. Liechtensteinische Juristen-Zeitung(3), 162-169.

    more

  • Schurr, F. (2018). Unternehmenserbrecht in Liechtenstein - Nachfolge bei deutschen Unternehmen mithilfe liechtensteinischer Rechtspersonen. In M. Löhnig, A. Dutta, P. Gottwald, H. Grziwotz, D. Heinrich, W. Reimann & D. Schwab (Eds.), Unternehmenserbrecht in Europa (Vol. 16, pp. 87-130). Regensburg: Gieseking.

    more

  • Schurr, F. (2017). Rechtsfragen des Generationenübergangs in der Familiengesellschaft. In H.-U. Vogt, H. Fleischer & S. Kalss (Eds.), Recht der Familiengesellschaften (pp. 259-298). Tübingen: Mohr Siebeck.

    more

  • Cela, I. (2018). Erbrechtsreform in Österreich und deren Auswirkungen auf Stiftungen. Presented at the 11. Liechtensteinischer Stiftungsrechtstag 2018, Universität Liechtenstein, Vaduz.

    more

  • Schurr, F. (2016). Unternehmenserbrecht in Liechtenstein. Presented at the Unternehmenserbrecht in Europa / 2. Symposium für Europäisches Erbrecht, Universität Regensburg.

    more

  • Schurr, F. (2016). Rechtsfragen des Generationenübergangs in der Familiengesellschaft. Presented at the 7. Deutsch-österreichisch-schweizerisches Symposium zum Gesellschafts- und Kapitalmarktrecht, Universität Zürich.

    more

  • Cela, I. (2018). Die Vererbung von GmbH-Geschäftsanteilen im Rechtsvergleich Österreich-Liechtenstein. Unpublished Masterthesis (LL.M.), Universität Liechtenstein, Vaduz.

    more

  • Schurr, F. (2018, October 24). Die Stiftung als Will Substitute aus rechtsvergleichender Perspektive. 11. Liechtensteinischer Stiftungsrechtstag 2018, Universität Liechtenstein, Vaduz.

    more

  • Butterstein, A. (2018, October 24). Vermeidung und Lösung von Konflikten im liechtensteinischen Stiftungsrecht. 11. Liechtensteinischer Stiftungsrechtstag 2018, Universität Liechtenstein, Vaduz.

    more