THE PROTECTION OF CREDITORS IN CASE OF THE FUSION OF COMPANIES-ASPECTS OF COMPARATIVE LAW

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 p...

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Bibliographic Details
Published in:Perspectives of Law and Public Administration 2016-11, Vol.5 (1), p.188
Main Author: Banulescu, Viorel
Format: Article
Language:English
Subjects:
Debt
Employees
Equal rights
Legislation
Prejudice
Shareholder voting
Stockholders
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Summary: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.
ISSN:2601-7830