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Commission group consults on company law reform:

This article was originally published in Clinica

Executive Summary

Company law reform is on the European agenda, with a European Commission-sponsored report due later this year. A high level group of company law experts, set up by the Commission, has drafted a reform paper on which comments are invited until the deadline of June 21 2002. The proposed reforms cover general themes and seven specific issues: corporate governance; shareholder information, communication and decision-making; alternatives to capital formation and maintenance rules; the functioning of groups of companies; corporate restructuring and mobility; a European Private Company; and co-operatives and other forms of enterprise.

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