EN TORNO AL EJERCICIO DEL DERECHO DE SEPARACIÓN AD NUTUM. A PROPÓSITO DE LA SENTENCIA DEL TRIBUNAL SUPREMO, DE 15 DE NOVIEMBRE DE 2011.

Abstract

The Supreme Court's ruling of 15 November 2011 finds that a clause of a private limited company's by-laws allowing the company the right to dismiss ad nutum is lawful. The right must be exercised pursuant to the requirements of good faith, yet additional precautionary measures could denature the right by forcing it into too close a resemblance to justified contract termination.