THE PROTECTION OF CREDITORS IN CASE OF THE FUSION OF COMPANIES-ASPECTS OF COMPARATIVE LAW

Viorel Banulescu ()
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Viorel Banulescu: Doctoral School, Field: Law, Bucharest University of Economic Studies

Perspectives of Law and Public Administration, 2016, vol. 5, issue 1, 188-194

Abstract: Fusion, a complex operation, determines the reorganisation of the companies involved, so as, in addition to the associates, administrators or the employees, the third parties, as social creditors of the companies concerned, can be prejudiced. Through this article, we intend to analyse the means of protection provided by the national and European legislation, to identify the vulnerable aspects, and to submit solutions for the insurance of a real and adequate protection for the creditors of the companies involved in the fusion operation.

Keywords: fusion; action in opposition; creditor; debt right; constitutive act; employee; nullity suit. (search for similar items in EconPapers)
JEL-codes: K20 K22 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:sja:journl:v:5:y:2016:i:1:p:188-194

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