---
title: "Shareholder Oppression Claims"
url: "https://legal.ge/en/service/dispute-resolution-and-litigation-en/shareholder-oppression-claims-en"
field: "Dispute Resolution & Litigation"
description: "Shareholder oppression claims in Georgia: dominant shareholder, damages, buyout and squeeze-out. Legal assistance from Legal.ge."
reviewed: "2026-07-09"
updated: "2026-10-15"
publisher: "legal.ge"
---

# Shareholder Oppression Claims

> Source: legal.ge, https://legal.ge/en/service/dispute-resolution-and-litigation-en/shareholder-oppression-claims-en

## The Principle of Equality and the Duties of a Partner

The Entrepreneurship Code shapes the ethical foundation of enterprise relations: a partner, in exercising his or her rights, must take into account the lawful interests and rights of the enterprise and of the other partners. In equal conditions partners have equal rights and duties, and a derogation from this principle is allowed only where it is directly provided for by law or the charter and is necessary in the interests of the enterprise. The charter may determine shares and differing rights and duties independently of the partners' contributions. The logic of oppression claims begins here: where one party uses its position to the detriment of the others, this balance is violated and the law gives the injured party instruments of protection.

The full text is available on legal.ge after signing in: https://legal.ge/en/service/dispute-resolution-and-litigation-en/shareholder-oppression-claims-en

### What is the abuse of a dominant position?

The deliberate use by a dominant shareholder of its position to the detriment of the company, for which it must compensate both the company's and the shareholder's damage.

### Who may demand the buyout of shares?

A shareholder who did not support at the general meeting a decision that unjustifiably and substantially violates his or her rights or concerns the reorganization of the company.

### At what price does the buyout occur?

At least at the market value of the share, without taking into account the change of value caused by the act that gave rise to the buyout right.

### How does the squeeze-out of minorities occur?

The holder of at least 95 percent of the votes buys out the remaining shares at a fair price, by a decision of the court.