CORPORATE CONTRACTS
IN THE LIGHT OF SUI GENERIS CORPORATE LEGAL
RELATIONSHIP THEORY AND CORPORATE LEGAL
CAPACITY THEORY

E.A. CHIRKOVA,
PhD Student of the Department of Civil Law of the Faculty of Law
of the Lomonosov Moscow State University

DOI: 10.24031/1992-2043-2019-19-4-171-205

The article explores how sui generis corporate legal relationship theory and corporate
legal capacity theory influence views on corporate contracts. The author determines
theoretical background of these theories. The concept of corporate contract according
to which corporate contracts are considered to be sui generis corporate legal facts is
based on sui generis corporate legal relationship theory. Sui generis corporate legal
relationship theory in turn is built upon Gierke’s real entity theory, ontological holism,
anti-singularism and objective idealism. Corporate legal capacity theory underlies
the concepts of corporate contracts as acts of corporate legal capacity execution. The
author analyses whether corporate legal capacity theory is in tune with ideas that
underpin the very concept of legal capacity and views on functions of legal regulation.
Besides that, the article contains the results of the research into legal nature of legal
bonds between a corporation and its members. The author argues that these legal bonds
can be qualified as obligations because corporations and their members have exclusive
opportunities towards each other’s behavior.


Keywords: corporate contracts; shareholders’ agreements; corporate legal relationships;
corporate legal capacity.

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Information about the author

Chirkova E.A. (Moscow, Russia) – PhD Student of the Department of Civil
Law of the Faculty of Law of the Lomonosov Moscow State University (1 Leninskie
Gory, Bldg. 13 (4th education building), GSP-1, Moscow, 119991, Russia; e-mail:
ea4irkova@gmail.com).

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