European company law seems to be divided in two camps on how to regulate loyalty‑ and multiple‑voting shares: rule‑heavy ex ante regimes and flexible (and uncertain) ex post models. This blog post summarizes the new special issue of European Company Law, where seven country studies map recent developments in Belgium, France, Germany, Italy, the Netherlands, Spain, and the United Kingdom and analyse the race to attract IPOs. The discussion highlights the different approaches and shifting voting caps, sunset clauses and minority safeguards.
Continue reading “Loyalty- and multiple voting shares and regulatory competition in the EU”
Corporate Finance Lab 