Strategic Lawyering Published on 1 May 2012
The Shift Towards the Shareholders Agreements
Title of the contribution: The Shift Towards the Shareholders Agreements
Jurisdiction: Colombia
Author: David Beltran
Law firm: Prietocarrizosa
Subject: This contribution provides an overview of two major aspects of the new corporate environment in Colombia, including: (i) a major incidence of Shareholders Agreements as the main mechanism for regulating the relations among shareholders of a Sociedad por Acciones Simplificada (a business form recently introduced under Colombian law), and (ii) the impact of conferring judicial powers to the Superintendence of Companies.