Description
Book SynopsisThis book provides a comprehensive review of major legal problems affecting the processes of takeover of publicly listed companies with particular emphasis on EU, Polish and German law. Acquisitions are seen through the lens of two relevant EU Treaty freedoms: free movement of capital and freedom of establishment and the 13th (Takeover) Directive. The Book contains an in-depth review of the relevant case law of the Court of Justice. The authors discuss the limits of inclusion into shareholders’ autonomy by transnational rules. They also look at breakthrough and neutrality rules stemming from the Takeover Directive. The extensive economic analysis serves as background to a legal-dogmatic research. The authors discuss the phenomenon of so-called «national champions» and its role in economies and societies of emerging markets.
Trade Review«To sum up, the reviewed volume is a valuable contribution whose unquestion-able strength is the fact that it approaches the issue of takeovers of public companies chiefly from the perspective of Poland—a state that has joined the EU only recently. There has been a deficit of studies on Polish corporate and capital market law in the English language. The volume will, at least partially, bridge this gap. What is more, the variety of perspectives from which takeovers are analysed adds up to the interdisciplinary, comparative nature of this work. It is aimed at both legal scholars and practicing lawyers who apply EU and national capital markets law.»
(Krzysztof Oplustil, European Business Organization Law Review 19/4 2018)
Table of ContentsA comprehensive review of major legal problems affecting the processes of takeover – Publicly listed companies – Particular emphasis on EU, Polish and German law – Acquisitions relevant to EU Treaty freedoms: free movement of capital and freedom of establishment and 13th Directive – Extensive economic analysis – Legal-dogmatic research.
