The Societas Privata Europaea

30.03.2012

Englisch

9783709109588

Springer Wien

Nein

Claudia Winkler

195

1

Gebundene Ausgabe

The Myth of Regulatory Competition in European Corporate Law

A. TABLE OF CONTENTS.- B. INTRODUCTION.- C. THE SOCIETAS PRIVATA EUROPAEA (SPE).- I. Aspirations and Backgrounds of the Statute.- II. The Historical Development.- III. The Proposed Statutes.- 1. The Commission's Proposed SPE-Regulation of 25 June 2008 (SPE-R).- 2. The Parliament Resolution of 10 March 2009 (SPE-PR).- 3. The Czech Presidency Position of 27 April 2009 (SPE-CP).- 4. The Swedish Presidency Position of 27 November 2009 (SPE-SP).- 5. Hungarian Presidency Compromise Proposal of 23 May 2011 (SPE-HP).- 6. Evaluation of the Proposals and Outlook.- A. TABLE OF CONTENTS.- B. INTRODUCTION.- C. THE SOCIETAS PRIVATA EUROPAEA (SPE).- I. Aspirations and Backgrounds of the Statute.- II. The Historical Development.- III. The Proposed Statutes.- 1. The Commission's Proposed SPE-Regulation of 25 June 2008 (SPE-R).- a. Characteristics.- b. Formation.- c. Minimum Capital and Capital Requirements.- d. Internal Organisation of the SPE.- e. Employee Participation.- f. Seat State Statute and Seat Transfer.- 2. The Parliament Resolution of 10 March 2009 (SPE-PR).- a. Characteristics.- b. Formation.- c. Cross-Border Element.- d. Minimum Capital and Capital Requirements.- e. Employee Participation.- 3. The Czech Presidency Position of 27 April 2009 (SPE-CP).- a. Characteristics.- b. Formation.- c. Cross-Border Element.- d. Minimum Capital and Capital Requirements.- e. Employee Participation and Internal Organisation.- 4. The Swedish Presidency Position of 27 November 2009 (SPE-SP).- a. Characteristics.- b. Formation.- c. Cross-Border Element.- d. Minimum Capital and Capital Requirements.- 5. Hungarian Presidency Compromise Proposal of 23 May 2011 (SPE-HP).- a. Seat of the SPE.- b. Minimum Capital Requirement.- c. Employee Participation.- d. Rejection in the Competitiveness Council on 30/31 May 2011.- 6. Evaluation of the Proposals and Outlook.- a. Paradigm Shifts in European Corporat Law.- b. Characteristics.- c. Cross-Border Element.- d. Minimum Capital and Capital Requirements.- e. Employee Participation.- f. Seat.- g. Outlook.- D. REGULATORY COMPETITION IN EUROPEAN CORPORATE LAW.- I. An Appraisal of Company Law and Corporate Mobility in the European Union.- 1. Company Law in the European Union.- 2. Conflict of Laws.- 3. Corporate Mobility in the European Union - an Introductory Outline of the Status Quo.- a. New Incorporations.- b. Sole Transfer of the Administrative Centre.- c. Sole Transfer of the Statutory Seat.- d. Identity Preserving Seat Transfer (the Cartesio Solution).- e. Summary.- f. Imperative Requirements in the General Interest.- g. The Cross-Border Merger Directive.- h. Excursus: Proposed Directive on the Cross-Border Transfer of the Registered Office.- II. Definition of Regulatory Competition.- III. The Development of Regulatory Competition.- 1. The Impact of European Legislative Measures on Regulatory Competition.- 2. The ECJ Landmark Decisions on Corporate Mobility.- IV. Framework Conditions for Regulatory Competition in European Corporate Law.- 1. Is Regulatory Competition Possible in European Corporate Law?.- 2. Freedom of Establishment.- 3. Conflict of Laws.- 4. Offer and Demand.- 5. Conclusio and Perspective of Framework Conditions for Regulatory Competition.- V. Does Regulatory Competition Exist in European Corporate Law?.- 1. Supply and Demand.- 2. Empirical Evidence for Demand - are Companies Emigrating?.- 3. Empirical Evidence for Supply - are the Member States Competing?.- 4. Evaluation of the Empirical Evidence for Supply and Demand.- VI. Desirability of Regulatory Competition in European Corporate Law.- 1. Harmonisation.- 2. Regulatory Competition.- 3. The Need for a Meta-Framework.- VII. Prospects of Regulatory Competition within the European Union.- VIII. Concluding Assessment on Regulatory Competition.- E. THE INFLUENCE OF THE SOCIETAS PRIVATA EUROPAEA ON EUROPEAN CORPORATE LAW.- I. Will the SPE enter into Competition with the National Limited Liability Companies?.- 1. Classification of the SPE within the Framework of European Company Law.- 2. Areas Relevant to Regulatory Competition in the Proposals for an SPE Statute.- II. Will the SPE be able to trigger Regulatory Competition within European Corporate Law?.- 1. Horizontal Competition: Regulatory Competition between the Member States.- 2. Vertical Competition: Regulatory Competition between the European Legislator and the Member States.- 3. Conclusion.- F. LIST OF REFERENCES.