Rivista del Diritto Commerciale e del diritto generale delle Obbligazioni

Summary: 1. Premessa. – 2. Specialità e rilevanza del recesso dalla società a responsabilità limitata – 3. Quando si può recedere. – 4. Segue: quando si può recedere “in ogni caso”. – 5. Chi può recedere. – 6. Come si può recedere. – 7. Segue: se si può recedere in parte. --- Abstract: The appraisal right in limited liability companies. The article, dedicated to the memory of Antonio Ruotolo, addresses some of the most relevant issues related to the regulation of appraisal rights in Italian limited liability companies. First of all, the paper clarifies the rationale behind a specific and independent analysis of the rules governing the appraisal right in limited liability companies (that is to say its specificity and significance in that sort of companies). Next, it focuses on the prerequisites for the exercise of such right: when it is possible to exercise it. Then, it concerns the issue of the legitimacy to exercise the right at hand: who can exercise it. Lastly, the article devotes some final remarks on how to exercise the abovementioned right, including whether the appraisal right can also be exercised in part. Keywords: Italian Company Law – Limited Liability Company – Dissent – Appraisal Right – Protection of Minority Shareholders.