EU plans for MVR “lacking legal basis” February 3, 2023 The European Commission’s (EC’s) plans to harmonise the structure of multiple-voting rights (MVR) for SMEs have been criticised for “lacking” any legal basis. A piece on the Oxford Business Law Blog (OBLB) has disapproved of the proposals, highlighting the fact the MVR is not regulated […]
Read MoreWhen is an abstention not an abstention? A possible party-time trivia question for lawyers maybe, but a question with real consequences for shareholders which highlights yet again the importance of ensuring local knowledge is applied to voting decisions. Most company law regimes have special provisions for dealing with ‘qualified majority’ issues. They may differ one from another […]
Read MoreThe EU has taken another step forward in its financial services reform agenda and launched a consultation on the harmonisation of the legal framework surrounding securities transactions and share holding functions. European finance and economy ministers (ECOFIN) have asked the European Commission to put forward legislative proposals to increase legal certainty and efficiency of securities holdings and […]
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