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Biblioteca

MARC Lista (tabellare)
Corporate control alert
Corporate control alert
Pubbl/distr/stampa [New York, N.Y.], : [Am-Law Pub. Corp.], [©1984]-
Descrizione fisica 1 online resource
Disciplina 346.73/06626
347.3066626
Soggetto topico Tender offers (Securities) - Law and legislation - United States
Consolidation and merger of corporations - Law and legislation - United States
Consolidation and merger of corporations - Law and legislation
Tender offers (Securities) - Law and legislation
Soggetto genere / forma Periodicals.
Formato Materiale a stampa
Livello bibliografico Periodico
Lingua di pubblicazione eng
Record Nr. UNISA-996417371503316
[New York, N.Y.], : [Am-Law Pub. Corp.], [©1984]-
Materiale a stampa
Lo trovi qui: Univ. di Salerno
Opac: Controlla la disponibilità qui
Corporate control alert
Corporate control alert
Pubbl/distr/stampa [New York, N.Y.], : [Am-Law Pub. Corp.], [©1984]-
Descrizione fisica 1 online resource
Disciplina 346.73/06626
347.3066626
Soggetto topico Tender offers (Securities) - Law and legislation - United States
Consolidation and merger of corporations - Law and legislation - United States
Consolidation and merger of corporations - Law and legislation
Tender offers (Securities) - Law and legislation
Soggetto genere / forma Periodicals.
Formato Materiale a stampa
Livello bibliografico Periodico
Lingua di pubblicazione eng
Record Nr. UNINA-9910389171403321
[New York, N.Y.], : [Am-Law Pub. Corp.], [©1984]-
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Corporate governance and regulatory impact on mergers and acquisitions [[electronic resource] ] : research and analysis on activity worldwide since 1990 / / edited by Greg N. Gregoriou, and Luc Renneboog
Corporate governance and regulatory impact on mergers and acquisitions [[electronic resource] ] : research and analysis on activity worldwide since 1990 / / edited by Greg N. Gregoriou, and Luc Renneboog
Edizione [1st edition]
Pubbl/distr/stampa Amsterdam ; ; Boston, : Academic Press, c2007
Descrizione fisica 1 online resource (304 p.)
Disciplina 338.8/3
Altri autori (Persone) GregoriouGreg N. <1956->
RenneboogLuc
Collana Quantitative finance series
Soggetto topico Consolidation and merger of corporations
Corporate governance
Consolidation and merger of corporations - Law and legislation
Corporate governance - Law and legislation
Soggetto genere / forma Electronic books.
ISBN 1-281-02883-5
9786611028831
0-08-054932-2
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Corporate Governance and Regulatory Impact on Mergers and Acquisitions; Copyright Page; Contents; Acknowledgments; About the Editors; List of Contributors; Chapter 1: Understanding Mergers and Acquisitions: Corporate Governance and Regulatory Issues; 1.1 Corporate Governance and Takeovers; 1.2 Key Aspects of Takeover Regulation; 1.3 Overview of the Research Presented in this Volume; References; Chapter 2: The Effect of Merger Laws on Merger Activity: International Evidence; 2.1 Introduction; 2.2 Related Literature; 2.3 Merger Laws; 2.4 Merger Data
2.5 Domestic and Cross-Border Mergers, and Merger Laws2.6 Conclusion; References; Chapter 3: The Governance Motive in Cross-Border Mergers and Acquisitions; 3.1 Introduction; 3.2 A Simple Model of Cross-Border Merger and Acquisition Activity; 3.3 Empirical Analysis; 3.4 Conclusion; Chapter 3 Appendix; References; Chapter 4: Corporate Governance Convergence Through Cross-Border Mergers: The Case of Aventis; 4.1 Introduction; 4.2 Aventis: Characteristics and Main Results; 4.3 The Merging Parties; 4.4 The Merger: The Formation of Aventis
4.5 Corporate Governance: Rhocircne-Poulenc, Hoechst, and the French and German Corporate Codes4.6 Corporate Governance of Aventis; 4.7 Conclusion; References; Acknowledgments; Chapter 5: Whither Hostility?; 5.1 Introduction; 5.2 Discipline as a Motivation for Mergers; 5.3 The Decline of the Hostile Takeover; 5.4 The Reappearance of Hostility; 5.5 Conclusion; References; Chapter 6: Corporate Governance and acquisitions: Acquirer Wealth Effects in the Netherlands; 6.1 Introduction; 6.2 Literature Review; 6.3 Research Design; 6.4 Results; 6.5 Conclusion; References
Chapter 7: European Union Takeover Regulation and the One-Share One-Vote Controversy7.1 Introduction; 7.2 Shareholder Democracy; 7.3 Economics of Ownership and Corporate Voting: A Brief Overview; 7.4 Is One-Share One-Vote Optimal?; 7.5 Conclusion and Policy Implications; References; Chapter 8: Opportunities in the Merger and Acquisition Aftermarket: Squeezing Out and Selling Out; 8.1 Introduction; 8.2 Rationale for the Squeeze-Out Right and the Sellout Right; 8.3 Squeeze-Out Right and the Protection of Private Property
8.4 The Squeeze-Out Right and the Sellout Right in a Comparative Legal Perspective8.5 Conclusion; References; Chapter 9: Valuation Methods and German Merger Practice; 9.1 Introduction; 9.2 The Background of Merger Processes in Germany; 9.3 Basic Valuation Principles in Germany; 9.4 The German Tax CAPM-a Tax CAPM with German Income Tax; 9.5 A Valuation Example: Merger Valuation of Deutsche Telekom; 9.6 Consequences for German Takeover Practice; 9.7 Conclusion; References; Chapter 10: Share Buybacks, Institutional Investors, and Corporate Control; 10.1 Introduction; 10.2 Buyback Mechanisms
10.3 Myth and Reality of Buybacks
Record Nr. UNINA-9910458105103321
Amsterdam ; ; Boston, : Academic Press, c2007
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Corporate governance and regulatory impact on mergers and acquisitions [[electronic resource] ] : research and analysis on activity worldwide since 1990 / / edited by Greg N. Gregoriou, and Luc Renneboog
Corporate governance and regulatory impact on mergers and acquisitions [[electronic resource] ] : research and analysis on activity worldwide since 1990 / / edited by Greg N. Gregoriou, and Luc Renneboog
Edizione [1st edition]
Pubbl/distr/stampa Amsterdam ; ; Boston, : Academic Press, c2007
Descrizione fisica 1 online resource (304 p.)
Disciplina 338.8/3
Altri autori (Persone) GregoriouGreg N. <1956->
RenneboogLuc
Collana Quantitative finance series
Soggetto topico Consolidation and merger of corporations
Corporate governance
Consolidation and merger of corporations - Law and legislation
Corporate governance - Law and legislation
ISBN 1-281-02883-5
9786611028831
0-08-054932-2
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Corporate Governance and Regulatory Impact on Mergers and Acquisitions; Copyright Page; Contents; Acknowledgments; About the Editors; List of Contributors; Chapter 1: Understanding Mergers and Acquisitions: Corporate Governance and Regulatory Issues; 1.1 Corporate Governance and Takeovers; 1.2 Key Aspects of Takeover Regulation; 1.3 Overview of the Research Presented in this Volume; References; Chapter 2: The Effect of Merger Laws on Merger Activity: International Evidence; 2.1 Introduction; 2.2 Related Literature; 2.3 Merger Laws; 2.4 Merger Data
2.5 Domestic and Cross-Border Mergers, and Merger Laws2.6 Conclusion; References; Chapter 3: The Governance Motive in Cross-Border Mergers and Acquisitions; 3.1 Introduction; 3.2 A Simple Model of Cross-Border Merger and Acquisition Activity; 3.3 Empirical Analysis; 3.4 Conclusion; Chapter 3 Appendix; References; Chapter 4: Corporate Governance Convergence Through Cross-Border Mergers: The Case of Aventis; 4.1 Introduction; 4.2 Aventis: Characteristics and Main Results; 4.3 The Merging Parties; 4.4 The Merger: The Formation of Aventis
4.5 Corporate Governance: Rhocircne-Poulenc, Hoechst, and the French and German Corporate Codes4.6 Corporate Governance of Aventis; 4.7 Conclusion; References; Acknowledgments; Chapter 5: Whither Hostility?; 5.1 Introduction; 5.2 Discipline as a Motivation for Mergers; 5.3 The Decline of the Hostile Takeover; 5.4 The Reappearance of Hostility; 5.5 Conclusion; References; Chapter 6: Corporate Governance and acquisitions: Acquirer Wealth Effects in the Netherlands; 6.1 Introduction; 6.2 Literature Review; 6.3 Research Design; 6.4 Results; 6.5 Conclusion; References
Chapter 7: European Union Takeover Regulation and the One-Share One-Vote Controversy7.1 Introduction; 7.2 Shareholder Democracy; 7.3 Economics of Ownership and Corporate Voting: A Brief Overview; 7.4 Is One-Share One-Vote Optimal?; 7.5 Conclusion and Policy Implications; References; Chapter 8: Opportunities in the Merger and Acquisition Aftermarket: Squeezing Out and Selling Out; 8.1 Introduction; 8.2 Rationale for the Squeeze-Out Right and the Sellout Right; 8.3 Squeeze-Out Right and the Protection of Private Property
8.4 The Squeeze-Out Right and the Sellout Right in a Comparative Legal Perspective8.5 Conclusion; References; Chapter 9: Valuation Methods and German Merger Practice; 9.1 Introduction; 9.2 The Background of Merger Processes in Germany; 9.3 Basic Valuation Principles in Germany; 9.4 The German Tax CAPM-a Tax CAPM with German Income Tax; 9.5 A Valuation Example: Merger Valuation of Deutsche Telekom; 9.6 Consequences for German Takeover Practice; 9.7 Conclusion; References; Chapter 10: Share Buybacks, Institutional Investors, and Corporate Control; 10.1 Introduction; 10.2 Buyback Mechanisms
10.3 Myth and Reality of Buybacks
Record Nr. UNINA-9910784568403321
Amsterdam ; ; Boston, : Academic Press, c2007
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Depositaries in European Investment Law : towards Harmonization in Europe / / Sebastiaan Hooghiemstra
Depositaries in European Investment Law : towards Harmonization in Europe / / Sebastiaan Hooghiemstra
Autore Hooghiemstra Sebastiaan Niels <1987->
Edizione [1st ed.]
Pubbl/distr/stampa The Hague, The Netherlands : , : Eleven International Publishing, , [2018]
Descrizione fisica 1 online resource (416 pages)
Disciplina 349.497
Collana Masterreeks
Soggetto topico Consolidation and merger of corporations - Law and legislation
Consolidation and merger of corporations - Law and legislation - European Union countries
Investments, Foreign - Law and legislation - European Union countries
ISBN 94-6274-877-2
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Intro -- Table of Contents -- List of Abbreviations -- 1 Introduction -- 1.1 Background -- 1.2 The Case for the Introduction of a Cross-Sectoral European Passport for Depositaries -- 1.2.1 Depositaries versus Custodians -- 1.2.2 Overcoming the 'European Depositary Passport Paradox' -- 1.2.3 The AIFMD/UCITSD V Depositary Passport 'Investor Protection Concerns' -- 1.2.3.1 The Concerns Raised upon Introduction of the 'Management Passport' under UCITSD IV -- 1.2.3.2 The Investor Protection Concerns upon Introducing an AIF/UCITS Depositary Passport -- 1.3 Research Questions -- 1.4 Methodology -- 1.5 Limitations -- 1.6 Scientific and Societal Relevance -- 1.6.1 Scientific Relevance -- 1.6.2 Societal Relevance: The Growing Importance of Depositaries -- 1.6.2.1 The Rise of European AuM -- 1.6.2.2 Possible Cost Reduction of a Depositary Passport -- 1.7 Study Outline -- Part I The European Depositary Passport Paradox -- 2 Locational Depositary Restrictions under the European Investment Laws -- 2.1 The European Depositary/Custodian Passport under European Investment Laws -- 2.1.1 The European Passport for 'Custodians' under MiFID II/CRD IV -- 2.1.2 The Location of the Depositary under the AIFMD and UCITSD V -- 2.1.2.1 The Location of the Depositary for UCITS -- 2.1.2.2 The Location of the Depositary for AIFs -- 2.1.2.3 Conclusion -- 2.1.3 The Depositary Mutual Recognition Approach under IORPD II -- 2.1.3.1 'Established in another Member State' -- 2.1.3.2 Mutual Recognition under IORPD II - Applying to Depositaries and or Custodians? -- 2.1.3.3 Cooperation between Supervisory Authorities -- 2.1.3.4 Conclusion -- 2.1.4 Conclusion -- 2.2 The European Depositary Passport Debate -- 2.2.1 UCITSD I-VI -- 2.2.1.1 UCITSD I -- 2.2.1.2 UCITSD II -- 2.2.1.3 UCITSD III/IV -- 2.2.1.4 UCITSD V/VI -- 2.2.2 The AIFMD -- 2.2.3 ISD-MiFID I/II/Second Banking Directive- CRD IV.
2.2.4 IORPD I/II -- 2.2.5 Conclusion -- 2.3 Conclusion -- Part II The EEA's Approach towards the Cross-Border Provision of Financial Services 3 EEA Cross-Border Regulation for Financial Intermediaries -- 3.1 The Internal Dimension of the Cross-Border Provision of Financial Services -- 3.1.1 A Law and Economics Theory of the Internal Market for Financial Services -- 3.1.1.1 Market Efficiency and Economies of Scale and Scope -- 3.1.1.2 Risk Asymmetry and the Concept of 'Production' and 'Distribution' Member States -- 3.1.1.3 EEA Law as a Substitute for Risk Asymmetry -- 3.1.2 The Internal Dimension - The Four Freedoms -- 3.1.2.1 The Freedom of Capital -- 3.1.2.2 The Freedom of Establishment -- 3.1.2.3 The Freedom to Provide Services -- 3.1.2.4 Overlapping Fundamental Freedoms -- 3.2 The Joint Principles of the European Passport of EEA Financial Intermediaries -- 3.2.1 An Internal Market for Financial Intermediaries -- 3.2.2 The General Concept of the 'European Passport' -- 3.2.3 Positive Integration and EU Legal Instruments -- 3.2.3.1 The Choice of EU Policy Instruments -- 3.2.3.2 The Principles of Subsidiarity and Proportionality -- 3.2.3.3 The Lamfalussy Process -- 3.2.3.4 The Trend towards Maximum Harmonization -- 3.2.4 The Cornerstones of the European Passport for Financial Intermediaries: the 'Single Rulebook', 'Home Country Control' and the ESFS -- 3.2.4.1 The European Passport Substantive Legal Framework: 'The single rulebook' -- 3.2.4.2 The EEA Financial Supervisory Framework: Home Country Control and the ESFS -- 3.2.5 Conclusion -- 3.3 The External Dimension of the Cross-Border Provision of Financial Services -- 3.3.1 The External Dimension - A Law and Economics Theory -- 3.3.1.1 TC Financial Services and the EEA's External Dimension -- 3.3.1.2 Risk Asymmetry, TC Financial Centres and the Concept of 'Production' and 'Distribution' States.
3.3.1.3 Equivalency as a Substitute for Risk Asymmetry -- 3.3.2 EEA Financial Intermediaries with an External Dimension -- 3.3.2.1 'Qualifying Holding' and 'Close Links' Requirements for Non-EEA Shareholders -- 3.3.2.2 Delegation -- 3.3.2.3 Consolidated Supervision and Conglomerates -- 3.3.3 Financial Intermediaries within the EEA -- 3.3.3.1 'Stand-alone' Authorizations -- 3.3.3.2 European Passports for TC Financial Intermediaries -- 3.3.3.3 The (Mutual) Agreements Solution -- 3.3.4 EEA Financial Intermediary TC Market Access -- 3.3.4.1 The EU Commission Negotiation Mandate -- 3.3.4.2 The (Mutual) Agreements Solution under the Commission Negotiation Mandate -- 3.4 The Joint Principles of EEA TC Financial Intermediary Regulation -- 3.4.1 Third Countries and EEA Secondary Law -- 3.4.1.1 The Internal Dimension - The Four Freedoms -- 3.4.1.2 The External Dimension: International Law Commitments and EEA Secondary Law -- 3.4.2 Equivalency in EEA Secondary Law -- 3.4.2.1 Equivalency of TC Regulatory and Supervision Regimes -- 3.4.2.2 Cooperation Agreements -- 3.4.2.3 Information Exchange -- 3.4.2.4 'Legal Representation' in the EEA -- 3.4.3 The EEA's Centralized Rulemaking and Supervision -- 3.4.3.1 The Role of the European Commission in Centralized Rulemaking -- 3.4.3.2 The Role of ESAs in TC Regimes -- 3.4.4 Judicial Control -- 3.5 Conclusion -- Part III Depositaries vs. Custodians -- 4 The AIFMD and UCITSD V Depositary Regulation -- 4.1 Introduction -- 4.2 The Scope of the AIFMD and UCITSD V with regard to Depositaries -- 4.2.1 The Obligation to Appoint a Depositary under the AIFMD -- 4.2.1.1 General Rule -- 4.2.1.2 The Retail-AIF Depositary -- 4.2.1.3 Exemptions from the Depositary Obligation -- 4.2.1.4 Depositary-Lite Regime -- 4.2.2 The Obligation to Appoint a Depositary under the UCITSD V.
4.3 Entities Eligible as a Depositary and Its Organizational Requirements -- 4.3.1 Entities Eligible as a Depositary under the AIFMD -- 4.3.1.1 Credit Institution -- 4.3.1.2 Investment Firm -- 4.3.1.3 Other Eligible Institutions -- 4.3.1.4 Prime Broker -- 4.3.1.5 Eligible Non-EEA Entities -- 4.3.1.6 Option for Private Equity Funds, Venture Capital Funds and Real Estate AIFs -- 4.3.2 Entities Eligible as a Depositary under UCITSD V -- 4.3.2.1 National Central Bank -- 4.3.2.2 Credit Institutions -- 4.3.2.3 Another Legal Entity -- 4.4 EEA-AIF and UCITS Depositaries - General Requirements -- 4.4.1 Duty of Loyalty -- 4.4.2 Conflicts of Interest -- 4.4.3 The Third Party Depositary Requirement -- 4.4.4 Independence Requirements under UCITSD V -- 4.4.4.1 Common Management/Supervision -- 4.4.4.2 Cross-Shareholdings/Group Inclusion -- 4.5 AIFMD Third-Country Depositaries -- 4.5.1 Additional Requirements for TC Depositaries -- 4.5.2 The Third-Country Depositary and 'Effective Prudential Regulation' -- 4.5.2.1 Effectively Enforced Prudential Regulation -- 4.5.2.2 'Supervision under Equivalent' to That Applicable under EEA Law -- 4.6 The Depositary and Its Functions -- 4.6.1 The Particulars of the Written Contract -- 4.6.1.1 Eligible Assets -- 4.6.1.2 Flow of Information -- 4.6.1.3 Escalation Procedure -- 4.6.1.4 Third Parties -- 4.6.1.5 Termination of the Contract -- 4.6.2 Safekeeping -- 4.6.2.1 Financial Instruments That Should Be Held in Custody -- 4.6.2.2 Safekeeping Duties with regard to Assets Held in Custody -- 4.6.2.3 'Other Assets' -- 4.6.2.4 Safekeeping Duties regarding Ownership Verification and Record-keeping -- 4.6.3 Control -- 4.6.3.1 Oversight Duties - General Requirements -- 4.6.3.2 Subscriptions/Redemptions -- 4.6.3.3 Valuation of Shares/Units -- 4.6.3.4 AIFM's/UCITS ManCo Instructions -- 4.6.3.5 The Timely Settlement of Transactions.
4.6.3.6 AIF's Income Distribution -- 4.6.3.7 Monitoring of the AIF's/UCITS' Cash Flows -- 4.6.3.8 UCITS Mergers and Master-Feeder Structures -- 4.7 Delegation in the Depositary Chain -- 4.7.1 Avoiding Requirements -- 4.7.2 Objective Reason -- 4.7.3 Due Diligence -- 4.7.3.1 Due Diligence upon Appointment of the Subcustodian -- 4.7.3.2 Ongoing Monitoring Diligence Sub-custodian -- 4.7.3.3 Insolvency Protection of UCITS Assets -- 4.7.4 Lex Specialis - The Prime Broker as a Sub-custodian under the AIFMD -- 4.8 The Depositary's Liability Regime under the AIFMD and UCITSD V -- 4.8.1 The Depositary's Liability under the AIFMD and UCITSD V -- 4.8.1.1 Loss of Financial Instruments That Can Be Held in Custody -- 4.8.1.2 The AIFMD and UCITSD V Liability Discharge -- 4.8.1.3 The AIFMD Contractual Discharge of Liability -- 4.8.2 The Impact of the AIFMD/UCITSD V Liability Regime for Depositaries -- 4.8.3 Rights of the AIFM/UCITS ManCo and Investors against the Depositary -- 4.8.3.1 AIFMD -- 4.8.3.2 UCITSD V -- 4.8.4 Conclusion -- 4.9 The Depositary under the 'AIFMD/UCITSD V Product Regulations' -- 4.9.1 The ELTIFR Depositary Regime -- 4.9.2 The MMFR Depositary Regime -- 4.9.3 The EuVECAR/EuSEFR 'Depositary Regime' -- 4.9.4 The AIFMD Product Regulation Depositary Regimes versus the AIFMD/UCITSD V -- 4.10 Conclusion -- 5 The IORPD II Depositary Regime -- 5.1 Introduction -- 5.2 The Appointment of Depositaries under IORPD II -- 5.2.1 The Appointment for Full DC and Other Types of IORPs -- 5.2.1.1 Full DC IORPs -- 5.2.1.2 Other Types of IORPs -- 5.2.2 Investment Risks - Full DC, Hybrid and/or Full DB IORPs? -- 5.2.3 The Definition of a 'Depositary' under IORPD II -- 5.2.4 The Appointment of a Single Depositary versus Multiple Depositaries -- 5.2.4.1 The Inconsistency of the 'Depositary' Terminology under IORPD II.
5.2.4.2 The Unclear 'Depositary' definition under IORPD II.
Record Nr. UNINA-9910793977903321
Hooghiemstra Sebastiaan Niels <1987->  
The Hague, The Netherlands : , : Eleven International Publishing, , [2018]
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Depositaries in European Investment Law : towards Harmonization in Europe / / Sebastiaan Hooghiemstra
Depositaries in European Investment Law : towards Harmonization in Europe / / Sebastiaan Hooghiemstra
Autore Hooghiemstra Sebastiaan Niels <1987->
Edizione [1st ed.]
Pubbl/distr/stampa The Hague, The Netherlands : , : Eleven International Publishing, , [2018]
Descrizione fisica 1 online resource (416 pages)
Disciplina 349.497
Collana Masterreeks
Soggetto topico Consolidation and merger of corporations - Law and legislation
Consolidation and merger of corporations - Law and legislation - European Union countries
Investments, Foreign - Law and legislation - European Union countries
ISBN 94-6274-877-2
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Intro -- Table of Contents -- List of Abbreviations -- 1 Introduction -- 1.1 Background -- 1.2 The Case for the Introduction of a Cross-Sectoral European Passport for Depositaries -- 1.2.1 Depositaries versus Custodians -- 1.2.2 Overcoming the 'European Depositary Passport Paradox' -- 1.2.3 The AIFMD/UCITSD V Depositary Passport 'Investor Protection Concerns' -- 1.2.3.1 The Concerns Raised upon Introduction of the 'Management Passport' under UCITSD IV -- 1.2.3.2 The Investor Protection Concerns upon Introducing an AIF/UCITS Depositary Passport -- 1.3 Research Questions -- 1.4 Methodology -- 1.5 Limitations -- 1.6 Scientific and Societal Relevance -- 1.6.1 Scientific Relevance -- 1.6.2 Societal Relevance: The Growing Importance of Depositaries -- 1.6.2.1 The Rise of European AuM -- 1.6.2.2 Possible Cost Reduction of a Depositary Passport -- 1.7 Study Outline -- Part I The European Depositary Passport Paradox -- 2 Locational Depositary Restrictions under the European Investment Laws -- 2.1 The European Depositary/Custodian Passport under European Investment Laws -- 2.1.1 The European Passport for 'Custodians' under MiFID II/CRD IV -- 2.1.2 The Location of the Depositary under the AIFMD and UCITSD V -- 2.1.2.1 The Location of the Depositary for UCITS -- 2.1.2.2 The Location of the Depositary for AIFs -- 2.1.2.3 Conclusion -- 2.1.3 The Depositary Mutual Recognition Approach under IORPD II -- 2.1.3.1 'Established in another Member State' -- 2.1.3.2 Mutual Recognition under IORPD II - Applying to Depositaries and or Custodians? -- 2.1.3.3 Cooperation between Supervisory Authorities -- 2.1.3.4 Conclusion -- 2.1.4 Conclusion -- 2.2 The European Depositary Passport Debate -- 2.2.1 UCITSD I-VI -- 2.2.1.1 UCITSD I -- 2.2.1.2 UCITSD II -- 2.2.1.3 UCITSD III/IV -- 2.2.1.4 UCITSD V/VI -- 2.2.2 The AIFMD -- 2.2.3 ISD-MiFID I/II/Second Banking Directive- CRD IV.
2.2.4 IORPD I/II -- 2.2.5 Conclusion -- 2.3 Conclusion -- Part II The EEA's Approach towards the Cross-Border Provision of Financial Services 3 EEA Cross-Border Regulation for Financial Intermediaries -- 3.1 The Internal Dimension of the Cross-Border Provision of Financial Services -- 3.1.1 A Law and Economics Theory of the Internal Market for Financial Services -- 3.1.1.1 Market Efficiency and Economies of Scale and Scope -- 3.1.1.2 Risk Asymmetry and the Concept of 'Production' and 'Distribution' Member States -- 3.1.1.3 EEA Law as a Substitute for Risk Asymmetry -- 3.1.2 The Internal Dimension - The Four Freedoms -- 3.1.2.1 The Freedom of Capital -- 3.1.2.2 The Freedom of Establishment -- 3.1.2.3 The Freedom to Provide Services -- 3.1.2.4 Overlapping Fundamental Freedoms -- 3.2 The Joint Principles of the European Passport of EEA Financial Intermediaries -- 3.2.1 An Internal Market for Financial Intermediaries -- 3.2.2 The General Concept of the 'European Passport' -- 3.2.3 Positive Integration and EU Legal Instruments -- 3.2.3.1 The Choice of EU Policy Instruments -- 3.2.3.2 The Principles of Subsidiarity and Proportionality -- 3.2.3.3 The Lamfalussy Process -- 3.2.3.4 The Trend towards Maximum Harmonization -- 3.2.4 The Cornerstones of the European Passport for Financial Intermediaries: the 'Single Rulebook', 'Home Country Control' and the ESFS -- 3.2.4.1 The European Passport Substantive Legal Framework: 'The single rulebook' -- 3.2.4.2 The EEA Financial Supervisory Framework: Home Country Control and the ESFS -- 3.2.5 Conclusion -- 3.3 The External Dimension of the Cross-Border Provision of Financial Services -- 3.3.1 The External Dimension - A Law and Economics Theory -- 3.3.1.1 TC Financial Services and the EEA's External Dimension -- 3.3.1.2 Risk Asymmetry, TC Financial Centres and the Concept of 'Production' and 'Distribution' States.
3.3.1.3 Equivalency as a Substitute for Risk Asymmetry -- 3.3.2 EEA Financial Intermediaries with an External Dimension -- 3.3.2.1 'Qualifying Holding' and 'Close Links' Requirements for Non-EEA Shareholders -- 3.3.2.2 Delegation -- 3.3.2.3 Consolidated Supervision and Conglomerates -- 3.3.3 Financial Intermediaries within the EEA -- 3.3.3.1 'Stand-alone' Authorizations -- 3.3.3.2 European Passports for TC Financial Intermediaries -- 3.3.3.3 The (Mutual) Agreements Solution -- 3.3.4 EEA Financial Intermediary TC Market Access -- 3.3.4.1 The EU Commission Negotiation Mandate -- 3.3.4.2 The (Mutual) Agreements Solution under the Commission Negotiation Mandate -- 3.4 The Joint Principles of EEA TC Financial Intermediary Regulation -- 3.4.1 Third Countries and EEA Secondary Law -- 3.4.1.1 The Internal Dimension - The Four Freedoms -- 3.4.1.2 The External Dimension: International Law Commitments and EEA Secondary Law -- 3.4.2 Equivalency in EEA Secondary Law -- 3.4.2.1 Equivalency of TC Regulatory and Supervision Regimes -- 3.4.2.2 Cooperation Agreements -- 3.4.2.3 Information Exchange -- 3.4.2.4 'Legal Representation' in the EEA -- 3.4.3 The EEA's Centralized Rulemaking and Supervision -- 3.4.3.1 The Role of the European Commission in Centralized Rulemaking -- 3.4.3.2 The Role of ESAs in TC Regimes -- 3.4.4 Judicial Control -- 3.5 Conclusion -- Part III Depositaries vs. Custodians -- 4 The AIFMD and UCITSD V Depositary Regulation -- 4.1 Introduction -- 4.2 The Scope of the AIFMD and UCITSD V with regard to Depositaries -- 4.2.1 The Obligation to Appoint a Depositary under the AIFMD -- 4.2.1.1 General Rule -- 4.2.1.2 The Retail-AIF Depositary -- 4.2.1.3 Exemptions from the Depositary Obligation -- 4.2.1.4 Depositary-Lite Regime -- 4.2.2 The Obligation to Appoint a Depositary under the UCITSD V.
4.3 Entities Eligible as a Depositary and Its Organizational Requirements -- 4.3.1 Entities Eligible as a Depositary under the AIFMD -- 4.3.1.1 Credit Institution -- 4.3.1.2 Investment Firm -- 4.3.1.3 Other Eligible Institutions -- 4.3.1.4 Prime Broker -- 4.3.1.5 Eligible Non-EEA Entities -- 4.3.1.6 Option for Private Equity Funds, Venture Capital Funds and Real Estate AIFs -- 4.3.2 Entities Eligible as a Depositary under UCITSD V -- 4.3.2.1 National Central Bank -- 4.3.2.2 Credit Institutions -- 4.3.2.3 Another Legal Entity -- 4.4 EEA-AIF and UCITS Depositaries - General Requirements -- 4.4.1 Duty of Loyalty -- 4.4.2 Conflicts of Interest -- 4.4.3 The Third Party Depositary Requirement -- 4.4.4 Independence Requirements under UCITSD V -- 4.4.4.1 Common Management/Supervision -- 4.4.4.2 Cross-Shareholdings/Group Inclusion -- 4.5 AIFMD Third-Country Depositaries -- 4.5.1 Additional Requirements for TC Depositaries -- 4.5.2 The Third-Country Depositary and 'Effective Prudential Regulation' -- 4.5.2.1 Effectively Enforced Prudential Regulation -- 4.5.2.2 'Supervision under Equivalent' to That Applicable under EEA Law -- 4.6 The Depositary and Its Functions -- 4.6.1 The Particulars of the Written Contract -- 4.6.1.1 Eligible Assets -- 4.6.1.2 Flow of Information -- 4.6.1.3 Escalation Procedure -- 4.6.1.4 Third Parties -- 4.6.1.5 Termination of the Contract -- 4.6.2 Safekeeping -- 4.6.2.1 Financial Instruments That Should Be Held in Custody -- 4.6.2.2 Safekeeping Duties with regard to Assets Held in Custody -- 4.6.2.3 'Other Assets' -- 4.6.2.4 Safekeeping Duties regarding Ownership Verification and Record-keeping -- 4.6.3 Control -- 4.6.3.1 Oversight Duties - General Requirements -- 4.6.3.2 Subscriptions/Redemptions -- 4.6.3.3 Valuation of Shares/Units -- 4.6.3.4 AIFM's/UCITS ManCo Instructions -- 4.6.3.5 The Timely Settlement of Transactions.
4.6.3.6 AIF's Income Distribution -- 4.6.3.7 Monitoring of the AIF's/UCITS' Cash Flows -- 4.6.3.8 UCITS Mergers and Master-Feeder Structures -- 4.7 Delegation in the Depositary Chain -- 4.7.1 Avoiding Requirements -- 4.7.2 Objective Reason -- 4.7.3 Due Diligence -- 4.7.3.1 Due Diligence upon Appointment of the Subcustodian -- 4.7.3.2 Ongoing Monitoring Diligence Sub-custodian -- 4.7.3.3 Insolvency Protection of UCITS Assets -- 4.7.4 Lex Specialis - The Prime Broker as a Sub-custodian under the AIFMD -- 4.8 The Depositary's Liability Regime under the AIFMD and UCITSD V -- 4.8.1 The Depositary's Liability under the AIFMD and UCITSD V -- 4.8.1.1 Loss of Financial Instruments That Can Be Held in Custody -- 4.8.1.2 The AIFMD and UCITSD V Liability Discharge -- 4.8.1.3 The AIFMD Contractual Discharge of Liability -- 4.8.2 The Impact of the AIFMD/UCITSD V Liability Regime for Depositaries -- 4.8.3 Rights of the AIFM/UCITS ManCo and Investors against the Depositary -- 4.8.3.1 AIFMD -- 4.8.3.2 UCITSD V -- 4.8.4 Conclusion -- 4.9 The Depositary under the 'AIFMD/UCITSD V Product Regulations' -- 4.9.1 The ELTIFR Depositary Regime -- 4.9.2 The MMFR Depositary Regime -- 4.9.3 The EuVECAR/EuSEFR 'Depositary Regime' -- 4.9.4 The AIFMD Product Regulation Depositary Regimes versus the AIFMD/UCITSD V -- 4.10 Conclusion -- 5 The IORPD II Depositary Regime -- 5.1 Introduction -- 5.2 The Appointment of Depositaries under IORPD II -- 5.2.1 The Appointment for Full DC and Other Types of IORPs -- 5.2.1.1 Full DC IORPs -- 5.2.1.2 Other Types of IORPs -- 5.2.2 Investment Risks - Full DC, Hybrid and/or Full DB IORPs? -- 5.2.3 The Definition of a 'Depositary' under IORPD II -- 5.2.4 The Appointment of a Single Depositary versus Multiple Depositaries -- 5.2.4.1 The Inconsistency of the 'Depositary' Terminology under IORPD II.
5.2.4.2 The Unclear 'Depositary' definition under IORPD II.
Record Nr. UNINA-9910812904103321
Hooghiemstra Sebastiaan Niels <1987->  
The Hague, The Netherlands : , : Eleven International Publishing, , [2018]
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Drafting purchase price adjustment clauses in M&A [[electronic resource] ] : guarantees, retrospective and future oriented purchase price adjustment tools / / Alexander W. Nürk
Drafting purchase price adjustment clauses in M&A [[electronic resource] ] : guarantees, retrospective and future oriented purchase price adjustment tools / / Alexander W. Nürk
Autore Nürk Alexander W
Pubbl/distr/stampa Hamburg, : Diplomica Verlag, 2009
Descrizione fisica 1 online resource (146 p.)
Disciplina 338.8/3
Soggetto topico Consolidation and merger of corporations - Law and legislation
Sale of business enterprises - Law and legislation
Soggetto genere / forma Electronic books.
ISBN 3-8366-2011-1
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Drafting Purchase Price Adjustment Clauses in M&A; A TABLE OF CONTENT; B TABLE OF FIGURES; C LIST OF TABLES; D LIST OF ABBREVIATIONS; 1 INTRODUCTION; 2 BASICS OF MERGERS & ACQUISITIONS; 3 PURCHASE PRICE ASSESSMENT: METHODS FOR VALUATION OF A COMPANY; 4 GUARANTEES; 5 PURCHASE PRICE ADJUSTMENT TOOLS; 6 DISPUTE RESOLUTION; 7 COORDINATION OF CONTRACTUAL CLAUSES; 8 CONCLUSION; E APPENDIX: STATUTORY PROVISIONS; F BIBLIOGRAPHY
Record Nr. UNINA-9910459497003321
Nürk Alexander W  
Hamburg, : Diplomica Verlag, 2009
Materiale a stampa
Lo trovi qui: Univ. Federico II
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Drafting purchase price adjustment clauses in M&A [[electronic resource] ] : guarantees, retrospective and future oriented purchase price adjustment tools / / Alexander W. Nürk
Drafting purchase price adjustment clauses in M&A [[electronic resource] ] : guarantees, retrospective and future oriented purchase price adjustment tools / / Alexander W. Nürk
Autore Nürk Alexander W
Pubbl/distr/stampa Hamburg, : Diplomica Verlag, 2009
Descrizione fisica 1 online resource (146 p.)
Disciplina 338.8/3
Soggetto topico Consolidation and merger of corporations - Law and legislation
Sale of business enterprises - Law and legislation
ISBN 3-8366-2011-1
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Drafting Purchase Price Adjustment Clauses in M&A; A TABLE OF CONTENT; B TABLE OF FIGURES; C LIST OF TABLES; D LIST OF ABBREVIATIONS; 1 INTRODUCTION; 2 BASICS OF MERGERS & ACQUISITIONS; 3 PURCHASE PRICE ASSESSMENT: METHODS FOR VALUATION OF A COMPANY; 4 GUARANTEES; 5 PURCHASE PRICE ADJUSTMENT TOOLS; 6 DISPUTE RESOLUTION; 7 COORDINATION OF CONTRACTUAL CLAUSES; 8 CONCLUSION; E APPENDIX: STATUTORY PROVISIONS; F BIBLIOGRAPHY
Record Nr. UNINA-9910785381503321
Nürk Alexander W  
Hamburg, : Diplomica Verlag, 2009
Materiale a stampa
Lo trovi qui: Univ. Federico II
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Drafting purchase price adjustment clauses in M&A : guarantees, retrospective and future oriented purchase price adjustment tools / / Alexander W. Nürk
Drafting purchase price adjustment clauses in M&A : guarantees, retrospective and future oriented purchase price adjustment tools / / Alexander W. Nürk
Autore Nürk Alexander W
Edizione [1st ed.]
Pubbl/distr/stampa Hamburg, : Diplomica Verlag, 2009
Descrizione fisica 1 online resource (146 p.)
Disciplina 338.8/3
Soggetto topico Consolidation and merger of corporations - Law and legislation
Sale of business enterprises - Law and legislation
ISBN 9783836620116
3836620111
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Drafting Purchase Price Adjustment Clauses in M&A; A TABLE OF CONTENT; B TABLE OF FIGURES; C LIST OF TABLES; D LIST OF ABBREVIATIONS; 1 INTRODUCTION; 2 BASICS OF MERGERS & ACQUISITIONS; 3 PURCHASE PRICE ASSESSMENT: METHODS FOR VALUATION OF A COMPANY; 4 GUARANTEES; 5 PURCHASE PRICE ADJUSTMENT TOOLS; 6 DISPUTE RESOLUTION; 7 COORDINATION OF CONTRACTUAL CLAUSES; 8 CONCLUSION; E APPENDIX: STATUTORY PROVISIONS; F BIBLIOGRAPHY
Record Nr. UNINA-9910956616303321
Nürk Alexander W  
Hamburg, : Diplomica Verlag, 2009
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European competition law annual . 2012 Competition, regulation and public policies / / edited by Philip Lowe, UK Competition and Markets Authority and Mel Marquis, European University Institiute
European competition law annual . 2012 Competition, regulation and public policies / / edited by Philip Lowe, UK Competition and Markets Authority and Mel Marquis, European University Institiute
Pubbl/distr/stampa Oxford ; ; Portland, Ore : , : Hart Pub, , 2014
Descrizione fisica 1 online resource (554 p.)
Disciplina 341.753094
Collana European Competition Law Annual
Soggetto topico Antitrust law - Europe
Consolidation and merger of corporations - Law and legislation
Restraint of trade
ISBN 1-4742-0180-6
1-78225-481-1
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto panel I. Economic context, market malfunction and public action -- panel II. Between competition, regulation and other public policies -- panel III. Unilateral conduct in post-liberalization markets -- panel IV. Technology ands standard-essential patents -- panel V. The role of courts reconciling competition, non-competition and constitutional imperatives.
Record Nr. UNINA-9910511707303321
Oxford ; ; Portland, Ore : , : Hart Pub, , 2014
Materiale a stampa
Lo trovi qui: Univ. Federico II
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