The Law of Corporate Finance: General Principles and EU Law: Volume III: Funding, Exit, Takeovers

172 5 Equity and Shareholders’ Capital Duties of disclosure. Because of unlimited liability, a partner typically has full access ...

5.6 Legal Aspects of Equity Provided by Shareholders 173 Co. KG is a limited partnership with, typically, a limited-liability co ...

174 5 Equity and Shareholders’ Capital credit enhancements for the debts of the firm. Usually, the owner of a small busi- ness t ...

5.6 Legal Aspects of Equity Provided by Shareholders 175 tives^176 and the Directive on statutory audits.^177 Those standards ar ...

176 5 Equity and Shareholders’ Capital company is founded.^181 Because of constraints on the use of the discretion at a later po ...

5.6 Legal Aspects of Equity Provided by Shareholders 177 normally suffice. Where the statutes of the company require a larger ma ...

178 5 Equity and Shareholders’ Capital enforcement rights are (1) compliance with legal rules and (2) management of the size and ...

5.6 Legal Aspects of Equity Provided by Shareholders 179 Depending on the governing law, the articles of association may provid ...

180 5 Equity and Shareholders’ Capital ised to issue shares or share options, purchase own shares (share buybacks), and dispose ...

5.7 Private Placements 181 strained by the articles of association of the company or the terms of the invest- ment contract. Mem ...

182 5 Equity and Shareholders’ Capital cluding information disclosed in the context of meetings relating to offers of secu- riti ...

5.8 Shares Admitted to Trading on a Regulated Market 183 by an unauthorised person is generally restricted.^210 For example, sen ...

184 5 Equity and Shareholders’ Capital shares (section 10.3). For example, a listed company may float shares in a subsidiary on ...

5.9 Listing and the Information Management Regime 185 shares may be changed within the limits of a minimum and maximum number wi ...

186 5 Equity and Shareholders’ Capital transaction costs and the costs for maintaining a listing.^223 One of the ways to re- duc ...

5.9 Listing and the Information Management Regime 187 Level 2 means that the Commission will take implementing measures in acco ...

188 5 Equity and Shareholders’ Capital the prohibition of market manipulation (the Directive on market abuse); the duty to disc ...

5.9 Listing and the Information Management Regime 189 Remaining differences. While the form and content of information that list ...

190 5 Equity and Shareholders’ Capital In Copenhagen, First North is an exchange-regulated market not regarded as a “regulated m ...

5.9 Listing and the Information Management Regime 191 reports). Share issuers who already publish quarterly financial reports ar ...