Beyond the well-known discussion in regard to the Cassis de Dijon of the European Court of Justice, implying the mutual recognition of national product regulations, the topic of mutual recognition and regulatory competition has emerged again in the realm of European corporate laws (Centros of...

This article deals with the latest developments in the regulation of cross-border tender offers in the U.S., in Germany, and in the European Union. In the U.S. the SEC issued a new release concerning Cross-Border Tender and Exchange Offers, Business Combinations and Rights Offerings. The new...

In this article, we analyze regulatory competition in company law in the European Union (EU). By examining the empirical evidence, we conclude that regulatory competition, which is triggered by legal arbitrage and the competitive pressure exerted by national lawmakers, has run out of steam in...

Most of the countries that are candidates for EU membership are from Central and Eastern Europe. Although their company laws are generally rooted in the Western (and Central) European legal tradition, the influence of Communism has also left a mark on their corporate law regimes. These regimes...

European Company Law has been experiencing rapid development in recent years. In 2003 the European Commission published a first action plan on the further integration of company law in Europe: Modernising Company Law and Enhancing Corporate Governance in the European Union - A Plan to Move...

This paper addresses the question what will be the impact of the recently admitted choice of corporate law in Europe and how regulators can and should react. Drawing upon the empirical evidence and theoretical insights produced in the abundant debate on charter competition in the United States,...

The history of the companies has proven to all of us that this area may have a dynamic similar to the most energetic ones in life. The human societies have changed and developed and together with them the companies were forced to adapt themselves in order to exist and to function over the times....

This article analyzes the different legal concepts of “seat” and “registered office” in Cyprus company law. The distinction between the concepts of “seat” and “registered office” in Cyprus company law is very important for the definition of corporate investor in respect of the...

After 30 years of debate, the law on the European Company (Societas Europaea, SE) has now come into force. Yet, its success could be doubted, because the regulation and the directive on the SE provide only some basic provisions and refer frequently to the law of the Member States. In this...

In response to several scandals in the securities market, the European legislator introduced the Lamfalussy Process which aimed at expediting the legislation procedure in the field and advance harmonization, mostly to remain "competitive" with the US market. This article discusses and evaluates...