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The future of cross border mergers in the light of the new European Union provisions. Their implementation in Romania

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  • Roxana Maria Chirieac

    (Associate Professor at „Titu Maiorescu†University of Bucharest, Romania)

Abstract

Seeing the new Directives that modified Directive no. 2017/1132 of the European Parliament and of the Council of 14th of June 2017 relating to certain aspects of company law (herein after the Directive), one can't help but wonder how much of the Romanian legislation will need specific modifications in order to comply with the future provisions, in the field of cross border mergers. As of the end of last year, the new provisions of the Directive (EU) 2019/2121 of the European Parliament and of the Council of 27 November 2019 (herein after the Amending Directive) have entered into force and therefore we may conclude that regarding cross border mergers, the Directive itself is amended and will thus bring modifications to the national legislations in place.

Suggested Citation

  • Roxana Maria Chirieac, 2020. "The future of cross border mergers in the light of the new European Union provisions. Their implementation in Romania," Juridical Tribune - Review of Comparative and International Law, Bucharest Academy of Economic Studies, vol. 10(2), pages 279-288, June.
    • Handle: RePEc:asr:journl:v:10:y:2020:i:2:p:279-288
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    References listed on IDEAS

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    1. Ovidiu Ioan Dumitru, 2020. "The Impact Of Aerospatiale - Alenia/De Havilland And Ryanair/Aer Lingus Cases On The Reform Of European Merger Control," Perspectives of Law and Public Administration, Societatea de Stiinte Juridice si Administrative (Society of Juridical and Administrative Sciences), vol. 9(1), pages 33-43, May.
    2. Cornelia Lefter & Ovidiu Ioan Dumitru, 2009. "Theoretical and Practical Aspects Regarding the Nulity of Commercial Companies," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 11(11(540)), pages 33-40, November.
    3. Schmidt Jessica, 2019. "Cross-border Mergers, Divisions and Conversions: Accomplishments and Deficits of the Company Law Package," European Company and Financial Law Review, De Gruyter, vol. 16(1-2), pages 222-272, April.
    4. Ovidiu Ioan Dumitru, 2020. "European Merger Control," Books, Societatea de Stiinte Juridice si Administrative (Society of Juridical and Administrative Sciences), edition 1, number 14, October.
    5. Cornelia LEFTER & Ovidiu Ioan DUMITRU, 2011. "Dissolution of the Commercial Companies due to the Passing of Time Established as a Duration of the Company – Theoretical and Practical Aspects," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(11(564)), pages 59-66, November.
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    Cited by:

    1. Dumitru Ovidiu Ioan, 2021. "Transfer of seat within European Union. The latest developments on cross-border conversions, mergers and divisions of companies," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 15(1), pages 917-929, December.

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    More about this item

    Keywords

    Directive no. 2017/1132; cross border merger; European Union; Romanian legislation; future amendments to Law no. 31/1990.;
    All these keywords.

    JEL classification:

    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law
    • K29 - Law and Economics - - Regulation and Business Law - - - Other
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law

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