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Hamed Alavi
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Tatsiana Khamichonak
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To date, the Cross-border Merger Directive is known as a successful attempt in harmonizing crossborder merger rules within the overall under-harmonisation of EU company law. Transnational companies merge across the Union in accordance with the European cross-border mergers framework. However, concerns in many respects are not met. Issues like descending shareholder protection and creditors’ rights still raise valid questions. The legal aspects of dissenting shareholders’ rights and their protection against the majority decision are notharmonized at the Union level and leave the issue under the control of the national law of the Member States. Therefore, the Member States provide divergent levels of protection for dissenting shareholders of a cross-border merger transaction within their national framework. Such divergence extends from providing no special rights for minority shareholders in cross-border mergers to transposing the respective provision in the Cross-Border Mergers Directive in national laws and provide particular remedies for such group of shareholders in cross-border mergers taking place subjected to their national law. This paper endeavors to answer the question of ‘Whether or not further harmonization of protection mechanisms for dissenting shareholders within cross-border merger transactions in the EU necessary?’.

  • Alavi. Hamed and Khamichonak, Tatsiana, ‘European Provisions for the Protection of Dissenting Shareholders within the Framework of Cross-border Mergers’ (2016). Vol. 16, No. 3. Romanian Journal of European Affairs 7286.

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  • Alavi, Hamed and Khamichonak, Tatsiana, ‘Protection of Dissenting Shareholders in the EU Cross- Border Mergers Framework: A call for Further Harmonization?’ (2017) 21(3) TRAMES: A Journal of the Humanities & Social Sciences 21532.

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Editor-in-Chief: 

  • Éva JAKAB (Károli Gáspár University of the Reformed Church, Department of Civil Law and Roman Law, head of Doctoral School of Political Science and Law, Hungary)

Editors:

  • Fruzsina GÁRDOS-OROSZ (HUN-REN Centre for Social Sciences, Institute for Legal Studies, Hungary; Eötvös Loránd University, Faculty of Law, Hungary)
  • Miklós KÖNCZÖL (HUN-REN Centre for Social Sciences, Institute for Legal Studies, Hungary; Pázmány Péter Catholic University, Faculty of Law and Political Sciences, Hungary)
  • Viktor LŐRINCZ (HUN-REN Centre for Social Sciences, Institute for Legal Studies, Hungary)
  • Tamás HOFFMANN (HUN-REN Centre for Social Sciences, Institute for Legal Studies, HU; Corvinus University of Budapest, Institute of International, Political and Regional Studies / Department of International Relations, Hungary)
  • Eszter KOVÁCS SZITKAY (HUN-REN Centre for Social Sciences, Institute for Legal Studies, HUNGARY; Ludovika University of Public Service, Doctoral School of Law Enforcement, Hungary)

Editorial Board

  • Attila BADÓ (University of Szeged, Faculty of Law and Political Sciences, Hungary)
  • Mátyás BÓDIG (University of Aberdeen, King's College, School of Law, United Kingdom)
  • Zoltán CSEHI (Eötvös Loránd University, Faculty of Law, Hungary; Pázmány Péter Catholic University, Faculty of Law and Political Sciences, Hungary)
  • Péter CSERNE (University of Aberdeen, King's College, School of Law, United Kingdom)
  • Balázs GELLÉR (Eötvös Loránd University, Faculty of Law, Hungary)
  • András JAKAB (Paris Lodron Universität Salzburg, Faculty of Law, Business and Economics, Austria)
  • Miodrag JOVANOVIĆ (University of Belgrade, Faculty of Law, Serbia)
  • Miklós KIRÁLY (Eötvös Loránd University, Faculty of Law, Hungary)
  • György KISS (National University of Public Service, Faculty of Public Governance and International Studies, HUNGARY; University of Pécs, Faculty of Law, Hungary)
  • Jan KUDRNA (Charles University, Faculty of Law, Czech Republic)
  • Herbert KÜPPER (Institut für Ostrecht, DE; Andrássy Universität, Chair of European Public Law, Hungary)
  • Konrad LACHMAYER (Sigmund Freud University, Faculty of Law, Austria)
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  • Guido PFEIFER (Goethe University, Faculty of Law, Germany)
  • Miklós SZABÓ (University of Miskolc, Faculty of Law, Hungary)
  • Zoltán SZENTE (HUN-REN Centre for Social Sciences, Institute for Legal Studies, Hungary)
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  • Fryderyk ZOLL (University of Osnabrück, European Legal Studies Institute, Germany)

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Hungarian Journal of Legal Studies
Language English
Size B5
Year of
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2016 (1959)
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per Year
1
Issues
per Year
4
Founder Magyar Tudományos Akadémia  
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ISSN 2498-5473 (Print)
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