‘VALE: Determining the Need for Amended Regulation Regarding Free Movement of Companies within The EU

In its recent VALE-case the ECJ made it clear that Member States allowing national company conversions may not prohibit cross-border conversions. Thus, VALE complements the Cartesio-judgment by providing the right to move into a Member State. Recent Danish practice evidences the need for amended legislation among Member States until EU legislation will most likely be harmonised.

• Primary Source