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The Protection Of Creditors In Case Of The Fusion Of Companies-Aspects Of Comparative Law

Author

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  • Viorel Banulescu

    (Doctoral School, Field: Law, Bucharest University of Economic Studies)

Abstract

Fusion, a complex operation, determines the reorganisation of the companies involved, so as, in addition to the associates, administrators or the employees, the third parties, as social creditors of the companies concerned, can be prejudiced. Through this article, we intend to analyse the means of protection provided by the national and European legislation, to identify the vulnerable aspects, and to submit solutions for the insurance of a real and adequate protection for the creditors of the companies involved in the fusion operation.

Suggested Citation

  • Viorel Banulescu, 2016. "The Protection Of Creditors In Case Of The Fusion Of Companies-Aspects Of Comparative Law," Perspectives of Law and Public Administration, Societatea de Stiinte Juridice si Administrative (Society of Juridical and Administrative Sciences), vol. 5(1), pages 188-194, November.
    • Handle: RePEc:sja:journl:v:5:y:2016:i:1:p:188-194
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    More about this item

    Keywords

    fusion; action in opposition; creditor; debt right; constitutive act; employee; nullity suit.;
    All these keywords.

    JEL classification:

    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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