THE PROTECTION OF CREDITORS IN CASE OF THE FUSION OF COMPANIES-ASPECTS OF COMPARATIVE LAW
THE PROTECTION OF CREDITORS IN CASE OF THE FUSION OF COMPANIES-ASPECTS OF COMPARATIVE LAW
Author(s): Viorel BănulescuSubject(s): Law, Constitution, Jurisprudence
Published by: Societatea de Stiinte Juridice si Administrative
Keywords: fusion; action in opposition; creditor; debt right; constitutive act; employee; nullity suit
Summary/Abstract: Fusion, a complex operation, determines the reorganisation of the companies involved, so as, in addition to the associates, administrators or the employees, the third parties, as social creditors of the companies concerned, can be prejudiced . Through this article, we intend to analyse the means of protection provided by the national and European legislation, to identify the vulnerable aspects, and to submit solutions for the insurance of a real and adequate protection for the creditors of the companies involved in the fusion operation.
Journal: Perspectives of Business Law Journal
- Issue Year: 2016
- Issue No: 05
- Page Range: 188-194
- Page Count: 7
- Language: English
