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- Title
The New Danish Companies Act of 2009.
- Authors
Hansen, Jesper Lau
- Abstract
In EBOR 10(1) (2009, pp. 73-95), the Green Paper on a new Danish Companies Act was described in some detail. The Act has now been passed mostly as proposed in the Green Paper, except for some issues in respect of capital maintenance and the transfer of the registered seat of a company. Against this background, the main features of the new Act are explored and the minor differences from the original proposal are explained. It is concluded that although the new Act is now at the forefront of European company law and is especially well-suited to the needs of foreign enterprises and investors, reform is still necessary on a European level.
- Subjects
DENMARK; EUROPEAN Union countries; CORPORATION law; EUROPEAN Union law; SOCIETAS Europeas; DANISH corporations; FOREIGN investments; FOREIGN business enterprises; CORPORATE governance; WORKS councils; LAW
- Publication
European Business Organization Law Review, 2010, Vol 11, Issue 1, p87
- ISSN
1566-7529
- Publication type
Article
- DOI
10.1017/S1566752910100056