This chapter offers an overview of how cross-border mergers are regulated in Italy. It gives a detailed account of national rules implementing the Cross-Border Mergers Directive of 2005, highlighting the most significant legal issues involved. The chapter then turns to the analysis of the special appraisal right granted to company members who did not vote in favor of the merger. It provides a critical assessment of this remedy, discussing how cross-border mergers may harm minority shareholders and whether the special protections established by Italian law are justified.
The Implementation of the Cross-Border Mergers Directive in Italy: An Overview with a Critical Assessment of Dissenting Shareholders’ Appraisal / Sergio Gilotta. - STAMPA. - (2019), pp. 379-399. [10.1007/978-3-030-22753-1]
The Implementation of the Cross-Border Mergers Directive in Italy: An Overview with a Critical Assessment of Dissenting Shareholders’ Appraisal
Sergio Gilotta
2019
Abstract
This chapter offers an overview of how cross-border mergers are regulated in Italy. It gives a detailed account of national rules implementing the Cross-Border Mergers Directive of 2005, highlighting the most significant legal issues involved. The chapter then turns to the analysis of the special appraisal right granted to company members who did not vote in favor of the merger. It provides a critical assessment of this remedy, discussing how cross-border mergers may harm minority shareholders and whether the special protections established by Italian law are justified.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
