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34 - Liechtenstein

from Part VI - Application in the EEA Member States

Published online by Cambridge University Press:  07 October 2011

By
Alexander Appel  and
Moritz Blasy
Edited by
Dirk Van Gerven
Alexander Appel
Affiliation:
Walch & Schurti
Moritz Blasy
Affiliation:
Walch & Schurti
Dirk Van Gerven
Affiliation:
NautaDutilh, Brussels
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Summary

Introduction

The Cross-border Merger Directive has been implemented in Liechtenstein by (i) the Act on the Amendment of the Persons and Companies Act and (ii) the Act on Employee Participation in Case of a Cross-border Merger of Limited Liability Companies (‘FMG’).

The Act on the Amendment of the Persons and Companies Act introduced a new subsection on cross-border mergers into the section on (national) mergers of corporations as provided for in the Persons and Companies Act (‘PGR’). This new sub-section on cross-border mergers consists of ten articles (Art. 352a to Art. 352k PGR) and is based on the general principle that the provisions on national mergers also apply with regard to cross-border mergers, if not stipulated otherwise in the new subsection on cross-border mergers (Art. 352b PGR).

Type
Chapter
Information
Cross-Border Mergers in Europe , pp. 201 - 212
Publisher: Cambridge University Press
Print publication year: 2011

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