Pre-emption rights, also known as subscription rights or call options, protect a company’s shareholders by giving priority to pre-existing shareholders when new shares are issued or sold. Shareholder rights vary by company and region, and are outlined in the company’s articles of association. The right of first refusal is one such right that gives shareholders […]

The right of first refusal gives someone the first chance to buy or make a deal, but if they refuse, the seller can make an agreement with anyone. It can apply to real estate, personal property, and employment contracts, but can also inflate the value of the contract. Careful drafting is necessary, and parties should […]