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from Part VI - Application in the EEA Member States
Published online by Cambridge University Press: 07 October 2011
Introduction
The Cross-border Merger Directive has been implemented in Liechtenstein by (i) the Act on the Amendment of the Persons and Companies Act and (ii) the Act on Employee Participation in Case of a Cross-border Merger of Limited Liability Companies (‘FMG’).
The Act on the Amendment of the Persons and Companies Act introduced a new subsection on cross-border mergers into the section on (national) mergers of corporations as provided for in the Persons and Companies Act (‘PGR’). This new sub-section on cross-border mergers consists of ten articles (Art. 352a to Art. 352k PGR) and is based on the general principle that the provisions on national mergers also apply with regard to cross-border mergers, if not stipulated otherwise in the new subsection on cross-border mergers (Art. 352b PGR).
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