practical experiences by a german register in cross- border merger registration (richter am...

30

Upload: buck-henderson

Post on 31-Dec-2015

219 views

Category:

Documents


2 download

TRANSCRIPT

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS-

BORDER MERGER REGISTRATION

(Richter am Amtsgericht Dr. Ulrich Kühn Amtsgericht München)

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

I. Mergers in Germany

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

1. Statutory provisions(Umwandlungsgesetz)

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

1. Statutory provisions(Umwandlungsgesetz)

• all kinds of reorganizations (mergers, splittings, changes of form)

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

1. Statutory provisions(Umwandlungsgesetz)

• all kinds of reorganizations (mergers, splittings, changes of form)

• all kinds of companies or entities

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

2. Procedure of registration

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

2. Procedure of registration

I. increase of capital

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

2. Procedure of registration

I. increase of capitalII. merger of the disappearing entity

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

2. Procedure of registration

I. increase of capitalII. merger of the disappearing entityIII. merger of the surviving entity

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

2. Procedure of registration

I. increase of capitalII. merger of the disappearing entityIII. merger of the surviving entityIV. registration of effectiveness

(disappearing entity)

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

3. Examination by the register

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

3. Examination by the registera) proper application

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

3. Examination by the registera) proper application b) merger not challenged

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

3. Examination by the registera) proper application b) merger not challengedc) merger agreement complete and

in line with legal provisions

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

3. Examination by the registera) proper application b) merger not challengedc) merger agreement complete and

in line with legal provisionsd) proper increase of capital

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

3. Examination by the registera) proper application b) merger not challengedc) merger agreement complete and

in line with legal provisionsd) proper increase of capitale) valid resolutions

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

4. Effect of the registration

Article 20 Umwandlungsgesetz:curing of defects, no cancellation

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

II. Cross-border mergers

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

1. Numbers of Cross-Border Mergers

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

1. Numbers of Cross-Border Mergers

Munich: 10 – 15 per year

Berlin: 6 per 2 yearsSchleswig-Holstein: 3 per 2 years

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

2. Legal regulations

Articles 122 a to l Umwandlungsgesetz

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

3. Experiences

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

3. Experiencesa) reduced scope of examination

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

3. Experiencesa) reduced scope of examinationb) merging plan

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

3. Experiencesa) reduced scope of examinationb) merging planc) report

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

3. Experiencesa) reduced scope of examinationb) merging planc) reportd) notice of registration

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

3. Experiencesa) reduced scope of examinationb) merging planc) reportd) notice of registratione) translation

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

3. Experiencesa) reduced scope of examinationb) merging planc) reportd) notice of registratione) translationf) transfer of files

PRACTICAL EXPERIENCES BY A GERMAN REGISTER IN CROSS

BORDER MERGER REGISTRATION

THANK YOU