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Merger Directive

am 19.02.2006 von http://www.recht.us/amlaw

CK - Washington.   Germany intends to enact legislation to comply with the E.U. merger directive 2005/56 which entered into force on December 15, 2005. Transborder mergers between German and other European companies will require a merger certificate which companies may obtain after preparing a joint merger plan, a merger report and a merger audit. Special rules govern the protection of minority shareholders and creditors.
The new statute will bring Germany in compliance with EU rules after the European Court of Justice …

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