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The New Danish Companies Act of 2009

Published online by Cambridge University Press:  20 April 2010

Jesper Lau Hansen
Jesper Lau Hansen
Affiliation:
Professor of Financial Market Law (Dr. Jur. & LL.M.) and head of the FOCOFIMA research centre at the University of Copenhagen Law Faculty, Denmark.
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Abstract

In EBOR 10(1) (2009, pp. 73–95), the Green Paper on a new Danish Companies Act was described in some detail. The Act has now been passed mostly as proposed in the Green Paper, except for some issues in respect of capital maintenance and the transfer of the registered seat of a company. Against this background, the main features of the new Act are explored and the minor differences from the original proposal are explained. It is concluded that although the new Act is now at the forefront of European company law and is especially well-suited to the needs of foreign enterprises and investors, reform is still necessary on a European level.

Keywords

company lawcorporate governanceEU law

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Type
Articles
Information
European Business Organization Law Review (EBOR) , Volume 11 , Issue 1 , March 2010 , pp. 87 - 94
Copyright
Copyright © T.M.C. Asser Press and the Authors 2010

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