The European Private Company (SPE): An Attractive New Legal Form of Doing Business?
Mathias M. Siems
Durham University - Durham Law School; University of Cambridge - Centre for Business Research
CMS Hasche Sigle
February 27, 2009
Butterworths Journal of International Banking and Financial Law, pp. 247-250, 2009
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.
Number of Pages in PDF File: 12
Keywords: European Private Company, Societas Privata Europaea, European Public Company, Societas Europaea, European company law
JEL Classification: K00, K22
Date posted: February 27, 2009 ; Last revised: July 5, 2009