Transposition of the Participation Rights to Employees into the National Law of Cross-border Mergers

Transpozice práva vlivu zaměstnanců na účast do národní úpravy přeshraničních fúzí

Marcela Žárová

Český finanční a účetní časopis, 2010, vol. 2010, issue 4, 19-27

Abstract: This article deals with transposition of the employee participation from the 10th Directive of the European Parliament and of the Council on cross-border mergers of limited liability companies into the national law, which is represented by Czech law here. Transposition of the employees´ participation from the 10th Directive on cross-border mergers suffers from different deceases. One of first problem is the different understanding of limited liability companies. Czech company law enlarged the entities to be concerned by this law differently in comparison with the 10th EC Directive. The extension of participation rights to employees means the right to vote or nominate members in Board of directors and Supervisory board that have decision-making powers of the company resulting from the cross-border merger with the seat in the Czech Republic after the registering into the Companies´ Register. Transposition of the employee participation from the 10th Directive on cross-border mergers into the national law has not been realized explicitly, the way of the extension of participation rights to employees, contents two distinct interpretations and the Directive transposition has brought a lot of obstacles as a result.

Keywords: Tenth Company Law Directive; Cross border merge; Participation rights to employees; Desátá směrnice; Přeshraniční fúze; Právo vlivu zaměstnanců (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Date: 2010
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DOI: 10.18267/j.cfuc.83

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