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The European Private Company: The Current Situation

Published online by Cambridge University Press:  06 March 2019

Rolandino Guidotti

Extract

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The goal of the European Union is not only to harmonize the different national legislations but also to create new company models. These new company models are not intended to replace the national models, but instead to offer a new and free choice to business operators in addition to the national models. It is predictable that among these models will be the European Private Company (Societas Privata Europaea or SPE) regulated by the Proposal for a Council Regulation (presented by the Commission) of 25 June 2008. The other preceding European legal forms have been the European Economic Interest Grouping (EEIG) of 1985, the European Company (SE) of 2001 and the European Cooperative Society (SCE) of 2003.

Type
Developments
Information
German Law Journal , Volume 13 , Issue 3 , March 2012 , pp. 331 - 344
Copyright
Copyright © 2012 by German Law Journal GbR 

References

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62 In Italian law, under no circumstances can the limited liability company give or accept its own quotas in guaranty, or can grant loans or issue guaranties for their acquisition or their subscription. See Art. 2472 Codice civile [C.c.] (It.).Google Scholar

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67 Id. Google Scholar

68 Id. Google Scholar

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72 Id. at 25.Google Scholar

73 Id. at 29.Google Scholar

74 Id. at 28.Google Scholar

75 Id. Google Scholar

76 Id. Google Scholar

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86 See id. Google Scholar

87 See id. Google Scholar

88 Proposal for a Council Regulation on a European Private Company - Political Agreement No. 16115/09 of 27 Nov. 2009, supra note 21.Google Scholar