Common Legal Framework for Takeover Bids in Europe 2 Volume Hardback Set: Volume (Law Practitioner Series)

Cambridge University Press, 2/4/2010
EAN 9780521191777, ISBN10: 0521191777

Hardcover, 826 pages, 23.4 x 15.7 x 4.6 cm
Language: English
Originally published in English

This book discusses the Takeover Directive and its implementing rules in each Member State of the European Union and the European Economic Area, providing companies and their advisors with useful insight into the legal framework and principles applicable to takeover bids in the region. The Council Directive of 21 April 2004 on takeover bids sets forth the general principles applicable to takeover bids and clarifies certain minimum rules with respect to the procedure for a takeover bid, the obligation to make a mandatory bid in the event a minimum threshold is crossed and the majority shareholder's squeeze-out right as well as the minority shareholders' sell-out rights. Furthermore, the Directive defines the authority which is competent to approve offer documents and supervise takeover bids, and provides for optional restrictions on the actions of the target company's management and on defence mechanisms.

Part I
1. Rules of Community law applicable to takeover bids Dirk Van Gerven
2. A US lawyer's perspective on the Takeover Directive Nikolaos Andronikos
Part II. Application in Each Member State
National Reports for the EU Member States
3. Austria Florian Khol and Thomas Berghammer
4. Belgium Marc Van Der Haegen and Dirk Van Gerven
5. Czech Republic Petr Kasik and Vlastimil Pihera
6. Estonia Sven Papp and Ahto Nirgi
7. Germany Hildegard Ziemons, Jochen Schlotter and Karsten Hilmer
8. Greece Vassiliki Lazarakou and Elena Papachristou
9. Hungary Jacques De Servigny and Zsófia Fekete
10. Ireland Michael Greene and Keavy Ryan
11. Latvia Dace Silava-Tomsone and Martins Aljens
12. Lithuania Irmantas Norkus and Eva Suduiko
13. Luxembourg Josee Weydert and Carmen Rodriguez
14. The Netherlands Christiaan De Brauw, Bart Jong, Harmen De Mol Van Otterloo and Paul Olden
15. Portugal Martim Krupenski
16. Slovak Republic Branislav Hazucha and Michaela Jurkova
17. Spain Carlos Paredes Galego and Dámaso Riaño López
18. United Kingdom Craig Jones
Annexes
Annex I. Council Directive (EC) No 2004/25 of 21 April 2004 on takeover bids (the Takeover Directive)
Annex II. List of national laws implementing the Takeover Directive
Part II. Application in Each Member State
National Reports for the EU Member States
19. Bulgaria Yordan Naydenov, Damian Simeonov and Angel Angelov
20. Cyprus Alexandros Tsadiras
21. Denmark Vagn Thorup and David Moalem
22. Finland Mikko Heinonen and Klaus Ilmonen
23. France Didier G. Martin, Antoine Tezenas Du Montcel and Max Baird-Smith
24. Italy Francesco Gianni and Andrea Aiello
25. Malta Louis De Gabriele and David Zahra
26. Poland Rafał Dziedzic, Maciej Owczarewicz and Małgorzata Wojtkiewicz-Kabut
27. Romania Diana E. Precup
28. Slovenia Matija Knapič, Jurij Dolžan and Peter Premk
29. Sweden Madeleine Rydberger and Nils Nostell
Part III. Application in the EEA Member States
30. Iceland Ólafur Arinbjörn Sigurðsson
31. Liechtenstein Andreas Schurti and Alexander Appel
32. Norway Sverre Tyrhaug and Tore Mydske
Annexes
Annex I. Council Directive (EC) No 2004/25 of 21 April 2004 on takeover bids (the Takeover Directive)
Annex II. List of national laws implementing the Takeover Directive.