The European legislator and the Private Internacional Law of companies in the EU

Rafael Arenas García
Catedrático Derecho internacional privado, Universitat Autónoma de Barcelona (Professor Private International Law, University Autónoma of Barcelona).

Luxemburg Court’s case law has shown that the freedom of establishment granted by the EU law affects not only the substantive company law of the Member States, but also the conflict of laws rules in matters relating to companies.

In the absence of secondary legislation relating to the law governing companies in the EU, and in order to improve legal certainty it would be desirable that the European legislator draw up rules aimed to determine which will be the lex societatis governing companies incorporated in EU countries. This regulation should also concretize the matters ruled by this lex societatis and the change of the lex societatis as a result of the transfer of the registered office of the company. Among the subjects covered by this regulation it should

necessarily be included the company’s legal capacity and the directors’ liability. It would be also necessary to delimitate the scope of the specific corporate regulation and that relating with insolvency proceedings.

1. INTRODUCCIÓN.—2. DERECHO ORIGINARIO Y DIPR DE SOCIEDADES.— 2.1. Condicionamientos sustanciales.—2.2. Condicionamientos conflictuales.—3. LA ACTUACIÓN DEL LEGISLADOR EUROPEO.—3.1. Regulación existente.—3.2. Algunas propuestas.— 4. CONCLUSIÓN

capacity of legal persons; company law; cross-border transfer of companies; directors’ liability; EU; freedom of establishment;

REDI Vol. 69 1 2017




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