CROSS–BORDER MERGERS – THE CONCEPT AND ITS IMPLEMENTATION INTO THE LEGAL ORDER OF THE SLOVAK REPUBLIC CEZHRANIČNÉ ZLÚČENIE ALEBO SPLYNUTIE

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Abstract

Cross-border mergers are regulated by the Directive 2005/56/EC of the European Parliament and of the Council of 26 October 2005 on crossborder mergers of limited liability companies. This article deals with the issue of cross-border mergers of limited liability companies within the internal market of the European Union, more precisely it analyzes the question of the concept of a cross-border merger under the European Union law and its implementation into the national legal order of the Slovak Republic. The legal definition of a cross-border merger under the European Union law comprises three key conditions that must be met cumulatively: cross-border merger is applicable only for a business company formed in accordance with the law of an EU Member State, having its registered office, central administration or principal place of business within the Community, and at the same time business company must be in an eligible legal form and a cross-border element must be given.

Abstrakt

Cezhranične zlučenia alebo splynutia su primarne regulovane Smernicou Europskeho Parlamentu a Rady 2005/56/EC z 26. oktobra 2005 o cezhraničnych zlučeniach alebo splynutiach kapitalovych spoločnosti. Prispevok sa zaobera problematikou cezhraničneho zlučenia alebo splynutia kapitalovych spoločnosti v ramci vnutorneho trhu Europskej unie s dorazom kladenym na otazku cezhraničneho zlučenia alebo splynutia v prave EU a jeho implementacie do pravneho poriadku Slovenskej republiky. Pravna definicia cezhraničneho zlučenia alebo splynutia, podľa prava Europskej unie, obsahuje tri kľučove podmienky, ktore musia byť kumulativne splnene a to: cezhranične zlučenie alebo splynutie sa vzťahuje len na tie kapitalove spoločnosti, ktore boli založene podľa prava členskeho štatu a ktore maju svoje sidlo, ustredie alebo hlavne miesto podnikateľskej činnosti na uzemi Unie, zaroveň musi isť o sposobilu pravnu formu kapitalovej spoločnosti a je tu dany cezhraničny prvok.

References
  • (1) PALA, R. - PALOVA, I. - LEONTIEV, A., 2010, Cross - border fusion. Cezhranične fuzie. Praha: C.H.Beck, 2010. 241 p. ISBN 978-80-7400-171-0

  • (2) VAN GERVEN, D., 2011, Cross-Border Mergers in Europe. Volume II. Cambridge: Cambridge University Press, 2011, s. 30

  • (3) VERMEYLEN, J. - VANDE VELDE, I., 2012, European Cross- Border Mergers and Reorganisations. 2012, Oxford: Oxford University Press, s. 10

EU agrarian Law

The Journal of Slovak University of Agriculture in Nitra

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