»Indirect Pre-Emption Right. On the Dogmatics of § 186 Para. 5 AktG« § 186 para. 5 of the German Stock Corporation Act (Aktiengesetz) regulates indirect pre-emption rights, i. e. shareholders’ rights to claim an amount of an issuer’s newly issued shares equivalent to their current stake. This thesis examines these rights based on the dogmatics of the relevant legal relationships. It identifies the rights and obligations of the issuer, credit institutions and shareholders.weiterlesen