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Freedom of Establishment and Private International Law for Corporations (Hardcover)
Loot Price: R6,752
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Freedom of Establishment and Private International Law for Corporations (Hardcover)
Series: Oxford Private International Law Series
Expected to ship within 12 - 17 working days
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Freedom of establishment is one of the four fundamental freedoms of
the European Union. The principle is that natural persons who are
European Union Citizens, and legal entities formed in accordance
with the law of a Member State and having its registered office,
central administration or principal place of business within the
EU, may take up economic activity in any Member State in a stable
and continuous form regardless of nationality or mode of
incorporation. This book examines the way in which EU law has
influenced how national courts in Europe assert jurisdiction in
cross-border corporate disputes and insolvencies, and the mechanism
which allows them to decide which national law should apply to the
substance of the dispute. The book also considers the potential for
EU Member States to compete for devising national corporate and
insolvency legislation that will attract incorporations or
insolvencies.
Central to the book is the concept of national choice of law. In
considering the impact of freedom of establishment on private
international law for corporations, the book uniquely analyses both
corporate and insolvency law together, presenting the topic in the
broadest possible sense.
Importantly, the doctrine of abuse in corporate and insolvency law
is covered, raising the question of 'forum shopping' and regulatory
competition which underpins the intersection between freedom of
establishment and private international law. Through examination of
the most recent and leading judgments of the European Court of
Justice in Centros and Cadbury Schweppes, the book derives certain
conclusions as to the operation of the doctrine of abuse and the
limits thereof in the context of freedom of establishment.
Being the first in the field to examine the leading ECJ cases of
Inspire Art, Sevic and Cartesio regarding the real seat doctrine,
the book makes the judgment that there is no incompatibility as
such between the doctrine and the freedom of establishment.
Ultimately, the book analyses to what extent diversity in the
corporate and insolvency laws of the Member States should be
preserved, so as to encourage competition between jurisdictions in
Europe.
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