Cross-border Enforcement of Listed Companies' Duties to Inform (IVOR nr. 87) 2012/12.4:12.4 Some recommendations

Cross-border Enforcement of Listed Companies' Duties to Inform (IVOR nr. 87) 2012/12.4

12.4 Some recommendations

Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.

Concludingly, I make the following recommendations:

—

Adopt a provision in the Rome II regulation that the law applicable to corporate misinformation cases is the law of the state where the issuer has its statutory seat or registered office;

—

Adopt a provision in the Brussels I regulation that the courts of the Member State where the defendant company's statutory seat is situated have exclusive jurisdiction over collective action proceedings on corporate misinformation cases against this defendant;

—

Adopt a provision in the Brussels I regulation that the courts of the Member State where the alleged tortfeasor's statutory seat is situated have exclusive jurisdiction over collective settlement proceedings in which the settlement between the alleged tortfeasor and a representative association with regard to corporate misinformation is declared binding for all (potential) victims of the alleged tort.

Deze functie is alleen te gebruiken als je bent ingelogd.