EU Law and the Harmonization of Takeovers in the Internal Market
Download or Read eBook EU Law and the Harmonization of Takeovers in the Internal Market PDF written by Thomas Papadopoulos and published by Kluwer Law International B.V.. This book was released on 2010-01-01 with total page 282 pages. Available in PDF, EPUB and Kindle.
| Author | : Thomas Papadopoulos |
| Publisher | : Kluwer Law International B.V. |
| Total Pages | : 282 |
| Release | : 2010-01-01 |
| ISBN-10 | : 9789041133403 |
| ISBN-13 | : 9041133402 |
| Rating | : 4/5 (03 Downloads) |
Book Synopsis EU Law and the Harmonization of Takeovers in the Internal Market by : Thomas Papadopoulos
Book excerpt: Although some provisions of the Directive are obligatory for all Member States, two key provisions have been made optional: the non-frustration rule, which requires the board to obtain the prior authorization of the general meeting of shareholders before taking any action that could result in the frustration of the bid; and the breakthrough rule, restricting significant transfer and voting rights during the time allowed for acceptance of the bid. Other relevant legal issues covered in the course of the analysis include the following: A { the right of establishment as a right of legal persons; A { vertical vs.
