The European Private Company (SPE): An Attractive New Legal Form of Doing Business?

Butterworths Journal of International Banking and Financial Law, pp. 247-250, 2009

12 Pages Posted: 27 Feb 2009 Last revised: 5 Jul 2009

See all articles by Mathias Siems

Mathias Siems

European University Institute (EUI); Durham University; European Corporate Governance Institute (ECGI)

Leif Herzog

CMS Hasche Sigle

Erik Rosenhäger

Linklaters

Date Written: February 27, 2009

Abstract

The Draft Regulation on a European Private Company (Societas Privata Europaea, SPE), which was proposed by the EU Commission in June 2008, will soon be adopted by the Council of the European Union. The SPE will be an interesting new legal form for small and medium-sized enterprises, as well as for groups of companies. The proposed SPE law is not without problems; however, generally, it provides a sufficient level of flexibility for private companies.

Keywords: European Private Company, Societas Privata Europaea, European Public Company, Societas Europaea, European company law

JEL Classification: K00, K22

Suggested Citation

Siems, Mathias and Herzog, Leif and Rosenhäger, Erik, The European Private Company (SPE): An Attractive New Legal Form of Doing Business? (February 27, 2009). Butterworths Journal of International Banking and Financial Law, pp. 247-250, 2009, Available at SSRN: https://ssrn.com/abstract=1350465

Mathias Siems (Contact Author)

European University Institute (EUI) ( email )

Via Bolognese 156 (Villa Salviati)
Firenze, 50139
Italy

HOME PAGE: http://www.eui.eu/siems

Durham University ( email )

Stockton Road
Durham, County Durham DH1 3LE
United Kingdom

HOME PAGE: http://www.dur.ac.uk/mathias.siems

European Corporate Governance Institute (ECGI) ( email )

c/o the Royal Academies of Belgium
Rue Ducale 1 Hertogsstraat
1000 Brussels
Belgium

Leif Herzog

CMS Hasche Sigle ( email )

Germany

Erik Rosenhäger

Linklaters ( email )

United States

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