Scrutinising the legality of cross-border mergers: finding the proper approach

IF 1.2 4区 社会学 Q1 LAW Journal of Corporate Law Studies Pub Date : 2019-04-29 DOI:10.1080/14735970.2018.1555984
Philip Morrison
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Abstract

ABSTRACT Before a cross-border merger can be completed, it must be sanctioned by the designated authority in the transferee Member State. Uncertainty has arisen as to the proper test for the English court to apply at this stage. This article argues that the approach from Re Diamond Resorts Plc, involving a intensive scrutiny of the benefits and disbenefits to stakeholders, does not represent the proper approach under the Cross-Border Merger Directive.
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审查跨境合并的合法性:找到合适的方法
在跨境合并完成之前,必须得到受让方成员国指定机构的批准。对于英国法院在此阶段适用的适当测试,出现了不确定性。本文认为,Re Diamond Resorts Plc的方法涉及对利益相关者的利益和不利因素的严格审查,并不代表跨境合并指令下的适当方法。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
1.70
自引率
9.10%
发文量
18
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