2013European Business Law ReviewRequires access

VALE: Determining the Need for Amended Regulation Regarding Free Movement of Companies within The EU

Mathias Krarup

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Abstract

In its recent VALE-case the ECJ made it clear that Member States allowing national company conversions may not prohibit cross-border conversions. Thus, VALE complements the Cartesio-judgment by providing the right to move into a Member State. Recent Danish practice evidences the need for amended legislation among Member States until EU legislation will most likely be harmonised.

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What this paper is about

In its recent VALE-case the ECJ made it clear that Member States allowing national company conversions may not prohibit cross-border conversions. Thus, VALE complements the Cartesio-judgment by providing the right to move into a Member State. Recent Danish practice evidences the need for amended legislation among Member States until EU legislation will most likely be harmonised.

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Available abstract

In its recent VALE-case the ECJ made it clear that Member States allowing national company conversions may not prohibit cross-border conversions. Thus, VALE complements the Cartesio-judgment by providing the right to move into a Member State. Recent Danish practice evidences the need for amended legislation among Member States until EU legislation will most likely be harmonised.

Key concepts: Legislation, Member states, Member state, Free movement, Danish, Business, State (computer science), Law

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