Author: Abduxalilov, Shahboz

Annotation: Corporate deadlock represents one of the most significant challenges in joint-stock company governance, particularly in closely held corporations where shareholders possess equal voting power. This article examines the role of contractual exit mechanisms as preventive and remedial solutions to deadlock situations. Drawing on corporate law scholarship and practical experience from various jurisdictions, this paper analyzes how shareholders’ agreements, buy-sell provisions, and other contractual arrangements can facilitate orderly exits and preserve enterprise value when decision-making paralysis occurs.

Keywords: Corporate deadlock, joint-stock company, contractual exit mechanisms, shareholders’ agreements, buy-sell (shotgun) clauses, put and call options, shareholder disputes, decision-making paralysis, corporate governance, closely held corporations, minority shareholder protection, corporate dispute resolution, corporate law, shareholder rights, enterprise value preservation.

Pages in journal: 412 - 421