The Forced Exclusion or 'Squeeze-Out' of Shareholder in Limited Companies and Simplified Stock Corporations
Corporate attorney María Natalia Suárez Martínez published an article in Asuntos Legales analyzing laws that consider the forced exclusion or "squeeze-out" of minority shareholders in Colombian companies. This is a mechanism in which majority shareholders force minority shareholders to sell their shares. Ms. Suárez Martínez explains that Colombia's Superintendency of Corporations has made pronouncements with respect to the scope of these mechanisms and that various laws have regulated them in simplified stock corporations (S.A.S.). However, there are currently no regulations that allow the establishment of these mechanisms in limited companies. In this article, the author examines these laws and explains how they affect shareholders.
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