Legal essence of merger agreement (adhesion contract)

Key characteristics of reorganizational contracts have signs of civil labour contracts because they are concluded on the base on parties' declaration of intention, parties enter into agreement and sign the contract. Reorganizational contract subject is the coordination of rights and duties transfer in order of legal succession and arrangement of the management system of the company founded by the way of reorganization. In terms of this it may be regarded as substratum of civil contract with coordinating and organizing elements.