Legal Alert - Proposed new EU rules to help companies move across borders
Company: Weinhold Legal, v.o.s. advokátní kancelář
On 25 April 2018 a proposal for a directive was published by the European Commission with the aim of amending the Directive (EU) 2017/1132 by proposing a change in the company law rules for cross-border conversion, division and merger. Weinhold Legal provided input to a multi-jurisdictional study (available for download here
) which was a basis for the published proposal for a directive (available for download here
The information in this bulletin is correct to the best of our knowledge and belief at the time of going to press. Specific advice should be sought, however, before investment and other decisions are made. Nor should the information in this bulletin be considered an exhaustive description of the given matter and its possible ramifications. We also note that legal opinion varies regarding some of the issues raised in this bulletin due to ambiguities in the relevant provisions.
Thus, it is possible that an interpretation other that the one presented here will prevail in future.