Merger and division nullity in the Romanian legal system
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| Title | Merger and division nullity in the Romanian legal system |
| Authors | |
| Abstract | As a consequence of the transposition of european Directives regarding the merger, division, and cross-border mergers, the Romanian legal system established a special legal framework with regard to the sanction of nullity for such juridical acts. The peculiarities of internal and cross-border reorganisation operations, and the imperative of protecting the interests of third parties, associates, and the companies involved led to the creation of a derogatory legal system on the matter. An analysis of both theoretical and practical perspectives of the subject matter may result in a useful instrument for the application of incidental legal norms, or every time restructuring juridical acts contravene the legal norms. |
| Publisher | Agora University Oradea |
| Date | 2013-07-01 |
| Source | Agora International Journal of Juridical Sciences Agora International Journal, No 2 (2013) |