Cross-Border Transfers of Undertakings

Cross-Border Transfers of Undertakings
Author: Kirsten Henckel
Publisher: Kluwer Law International B.V.
Total Pages: 400
Release: 2016-04-24
Genre: Law
ISBN: 9041192611
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Globalization and market integration have shaped the economic climate in such a way as to give rise to a considerable increase in cross-border mergers, acquisitions and corporate restructurings. However, the primary European Union (EU) legislation in this area – the Acquired Rights Directive – brings about only partial and minimum harmonization, giving rise to differences in the employee protective regime across the EU Member States. This book, the rst full analysis of the EU-level private international law implications of the subject, masterfully addresses the plethora of questions that arise and presents well-considered and soundly based recommendations towards the introduction of a new and uniform con ict of laws path for transfers of undertakings throughout the EU. With a methodology that combines comparative, ‘black letter’, legal historical and empirical approaches, the author addresses such issues and topics as the following: – determination of applicable law both upon and after a transfer; – jurisdictional issues; – the main provisions of the Acquired Rights Directive and their content; – the main differences existing among the relevant laws of the Member States; – special characteristics of the maritime sector and seagoing workers; and – cross-border implications of Brexit. This book critically evaluates the existing rules on international jurisdiction and the con ict of laws relating to cross-border transfers of undertakings, clearly exposing the regime’s merits and demerits. Counsel representing any actor involved in a cross-border merger, acquisition, or business restructuring – transferor, transferee, or affected employees – will be well served with this exemplary account of their legal position both before and after the transfer. In addition, policymakers, legislators and interested academics will bene t greatly from the author’s clearly presented guidelines on the development of an EU-wide con ict of laws regime for transfers of undertakings.

Cross-border transfers of undertakings in the context of Council Directive 77/187 of February 14, 1977

Cross-border transfers of undertakings in the context of Council Directive 77/187 of February 14, 1977
Author: Christoph Löbig
Publisher: GRIN Verlag
Total Pages: 30
Release: 2011-01-05
Genre: Law
ISBN: 3640793234
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Studienarbeit aus dem Jahr 2008 im Fachbereich Jura - Europarecht, Völkerrecht, Internationales Privatrecht, Note: 82,00 %, King`s College London (Faculty of Law), Veranstaltung: European Labour Law, Sprache: Deutsch, Abstract: While mergers, acquisitions and outsourcing processes were mainly confined to the borders of individual Member States between the late 1960s and mid-1970s, the internationalisation of capital markets, the abolition of obstacles to trade, the improved infrastructure and the widespread supply of qualified labour entailed a significant rise in the number of cross-border transfers of undertakings during the second half of the 1980s and from 1995 onwards. Between 2002 and 2006, offshoring and delocalization operations from one Member State to another increased by 800 percent according to the European Restructuring Monitor. The European Commission ascribes this trend to the enlargement of the European Union, the consolidation of the internal market and the introduction of facilitating legal measures and expects the increase of transnational transfers of undertakings to continue. The purpose of this essay is to investigate in how far the Directive could be amended to deal with the specific case of cross-border transfers of undertakings. In order to provide a sophisticated solution, I will first outline the relevant scenarios in which cross-border transfers of undertakings may possibly occur in practice and discuss whether those cases are covered or if the Directive’s scope needs to be extended. Subsequently, I will check whether the definition of transfers of undertakings is broad enough to apply to cross-border transfers or if it is necessary to introduce amendments in order to safeguard workers’ interests sufficiently. The main focus of this paper, however, lies on the analysis of the appropriateness of the three substantive pillars of protection in cross-border scenarios. Eventually, I will briefly address problems in relation to conflicts of jurisdictions before I give a personal recommendation.

Transfer of Business and Acquired Employee Rights

Transfer of Business and Acquired Employee Rights
Author: Jens Kirchner
Publisher: Springer
Total Pages: 755
Release: 2016-07-01
Genre: Law
ISBN: 3662490072
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This book provides practical, business-orientated and accessible guidance on key employment and labour law aspects in national and international transfers of business in the European Union, its member states and selected important countries around the world. It contains a comprehensive overview of relevant topics such as safeguarding of employees' rights, impacts on employees' representatives and on collective agreements, company pension entitlements, insolvency, M&A transactions and cross-border transfers of business for each country covered. This overview is accompanied by summaries of leading case law and excerpts of important national regulations. Transfers of business play an important role in today's globalised business world. In particular, employment and labour impacts of transfers of businesses are often a driving legal and business factor in national and international restructurings and M&A transactions. The successful implementation of transfers of business requires to recognise and comply with the relevant legal frameworks of the countries involved. This publication is written by specialised employment lawyers from around the globe and addresses in-house counsels, human resources managers and legal advisors in charge of or accompanying national or international transactions.

The Legal Consequences of Cross Border Transfers of Undertakings Within the European Union

The Legal Consequences of Cross Border Transfers of Undertakings Within the European Union
Author: Bob Hepple
Publisher:
Total Pages: 45
Release: 1998
Genre:
ISBN:
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The study aims to explain the social and technical problems which arise from cross-border transfers of undertakings within the European Union, under the terms of the Directive 77/187/EEC, and to consider possible options for the revision of the Directive in this respect.

Cross-Border Security over Receivables

Cross-Border Security over Receivables
Author: Harry C. Sigman
Publisher: Walter de Gruyter
Total Pages: 295
Release: 2009-07-29
Genre: Law
ISBN: 3866538596
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Receivables transactions play an important role in modern national economies. This book, which studies the law of seven European nations, provides an in-depth examination of the key substantive law issues, as well as a detailed examination of the private international law issues, particularly, the third party effects of assignments. National reports use practical cases to explore the issues and to highlight differences and similarities. The book will assist market participants and their counsel to better understand the rules of their own countries and those of other countries, will be of great value to academics in the private, comparative and private international law fields and will assist those involved in national, EU and global reform efforts.

Cross Border Transfer of Registered Office

Cross Border Transfer of Registered Office
Author: Emanuela Matei
Publisher:
Total Pages: 0
Release: 2013
Genre:
ISBN:
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The decision in Daily Mail has come as a result of the resolution of the Member States to endorse a plurality of national legal solutions in the field of tax and corporate laws. The free movement provisions must be understood against this background and keeping in mind that no matter which “interface program” is to be used the system as a whole, i.e. the internal market, must be effective and coherent. The term “interface program” is used here as a metaphoric representation for the set of rules enshrined in national tax and corporate legislation that stipulate conditions for the entry and exit of companies. Among the exit conditions, the liquidation or winding-up of companies as a prerequisite for the cross-border transfer is the most radical one. It's the main pursuit of this study to scrutinize the legality of liquidation in relation to cross-border movement of companies, which presupposes a change of the applicable law. Once a company is lawfully established in the State of origin and its transformation into a company governed by a different national corporate law is allowed by the State of destination, the movement represents a matter falling within the scope the Article 49 TFEU. Implicitly any restrictions imposed on the movement will be subject to the Treaty provisions. The present study makes the distinction between the conditions imposed by the State of destination, which concern rules on company transformations under the national laws and the ones imposed by the State of origin on an emigrating company. The first set of conditions falls within the State competence to determine the formal requirements necessary for the acquirement of legal status under the domestic laws, while the second set of conditions can only be applied in order to preserve the protection of rights originating before the transfer. The liquidation belongs to the latter set of conditions and according to the findings of this study, even if it is not generally excluded, the application of such restriction in a specific case would be rarely, if ever, found to be proportionate and its lack of proportionality will render it illegal under the Union law.

Cross Border Transfers and Redundancies

Cross Border Transfers and Redundancies
Author: Susan Mayne
Publisher:
Total Pages: 609
Release: 2004
Genre: International business enterprises
ISBN: 9780406970657
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A guide to managing the employment aspects of business transfers and reorganisations across Europe. This book contains case studies, enabling you to compare and contrast the different approaches in different European jurisdictions, and to see their effects in practice. It provides analysis of key legislation and coverage of the key EU Directives.

The Law Applicable to Cross-border Contracts involving Weaker Parties in EU Private International Law

The Law Applicable to Cross-border Contracts involving Weaker Parties in EU Private International Law
Author: María Campo Comba
Publisher: Springer Nature
Total Pages: 380
Release: 2020-12-07
Genre: Law
ISBN: 3030614816
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This book provides answers to the following questions: how do traditional principles of private international law relate to the requirements of the internal market for the realisation of the EU’s objectives regarding the protection of weaker parties such as consumers and employees? When and how should private international law ensure the applicability of EU directives concerning the protection of weaker parties? Are the EU’s current private international law, rules on conflict of laws, and private international law approach sufficient to ensure the realisation of its objectives regarding weaker contracting parties, or is a different approach to private international law called for? The book concludes with several proposed amendments, mainly regarding the Rome I Regulation on the law applicable to contractual obligations, as well as suggestions on the EU’s current approach to private international law. This book is primarily intended for an academic audience and to help achieve better regulation in the future. It also seeks to dispel certain lingering doubts regarding the current practice of EU private international law.