Peter Lang, a prestigious German academic publishing house, has just published a volume of collected works, edited by Prof. Maciej Mataczyński. The book is entitled The Takeover of Public Companies as a Mode of Exercising EU Treaty Freedoms and features papers by a number of scholars, including Prof. Mataczyński and Prof. Sójka.
This book provides a comprehensive review of major legal problems affecting the processes of takeover of publicly listed companies with particular emphasis on EU, Polish and German law. Acquisitions are seen through the lens of two relevant EU Treaty freedoms: free movement of capital and freedom of establishment and the 13th (Takeover) Directive. The Book contains an in-depth review of the relevant case law of the Court of Justice. The authors discuss the limits of inclusion into shareholders’ autonomy by transnational rules. They also look at breakthrough and neutrality rules stemming from the Takeover Directive. The extensive economic analysis serves as background to a legal-dogmatic research. The authors discuss the phenomenon of so-called “national champions” and its role in economies and societies of emerging markets.