CEU Electronic Theses and Dissertations, 2020
| Author | Bekele, Atkilit |
|---|---|
| Title | Private Equity In Ethiopia:Exit Challenges |
| Summary | This thesis is inspired by the author’s work experience on private equity deals in Ethiopia. The main questions raised by private equity funds revolves around enforcement of certain exit clauses in Ethiopia. Providing a clear-cut answer to a client is impossible in circumstances where there is a lack of legislation, case law or literature. With the purpose of putting the spotlight on the issue, this thesis will discuss exit challenges faced by private equity funds in Ethiopia, will assess the validity of exit clauses such as tag-along and drag-along clauses in Ethiopia and will conclude with lessons from USA and UK on the issue. This is primarily done by examining the legal rules applicable to exit in Ethiopia. This thesis has taken the view that exit clauses should be enforceable in Ethiopia as they are not contrary to mandatory statutory law and the close reading of the Commercial Code supports the validity of exit clauses. |
| Supervisor | Tajti, Tibor |
| Department | Legal Studies MA |
| Full text | https://www.etd.ceu.edu/2020/bekele_atkilit.pdf |
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