Secondary markets in private company shares have grown significantly as holding periods have extended and liquidity needs among founders, employees, and early investors have increased. This post examines the legal mechanics, transfer restrictions, tax treatment, and documentation requirements for secondary share sales in Continental European companies.
Category: Corporate & Venture
Cross-Border M&A for SMEs in Europe: Key Legal Risks Buyers Often Overlook
Smaller cross-border acquisitions in Europe are executed with less process than large-cap deals but carry comparable legal complexity. This post examines the risks in labour law, IP ownership, real estate, tax, and regulatory filings that buyers of European SMEs most commonly underestimate.
Founder Vesting, Good Leaver, and Bad Leaver Clauses in European Startup Shareholder Agreements
Vesting schedules and leaver provisions are among the most contested clauses in European startup shareholder agreements. This post examines how they work, how European legal systems constrain their design, and what founders and investors should understand before signing.
SAFE Notes vs Convertible Loans in Europe: Legal and Strategic Differences for Startups and Investors
SAFE notes and convertible loans serve similar economic functions but carry very different legal mechanics. This post examines the structural, tax, and governance differences that matter most when deploying these instruments in European jurisdictions.




