Wider die Verschleuderung von Unternehmen durch Pfandversteigerung
AbstractPledges on shares and stocks are common as securities for loans. New are the attempts by pledgees to sell pledges in public auctions. The questions regarding the requirements for such public auctions have not been answered either by Ge rman court decisions or literature. This fact helps the pledgees to buy the former pledges in public auctions themselves at a price much lower than their fair market value. This makes it necessary in the interests of the pledgor to show which formal requirements the law provides for public auctions. These formal requirements should prohibit pledges from being sold for less than their fair market value. --
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Bibliographic InfoPaper provided by Frankfurt School of Finance and Management in its series Frankfurt School - Working Paper Series with number 51.
Date of creation: 2004
Date of revision:
auction; auction of equity participation; auction of the pledge; public auction of the pledge; public auction by a notary; public notice; examination of the pledge; data room; formal rules of a public auction;
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- K00 - Law and Economics - - General - - - General (including Data Sources and Description)
- K19 - Law and Economics - - Basic Areas of Law - - - Other
- K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law
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