>> 10 Tips for Investing in Argentina

4. Shareholders’ agreements are valid, but enforceability is hindered in local venues.

SHAs are valid in Argentina, but only among their parties. Neither the company nor any third party is bound by their provisions. The company is only bound by those provisions included in its by-laws. Also, there is no specific performance of obligations, so breaches of the SHA will generally be resolved through the indemnification of damages.

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