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- W4248594089 abstract "entities in EU member states.Many EU Member States use two criteria for determining the personal law of a legal entity: the settlement criterion and the incorporationcriterion. However, the application of the theory of settlement in determining the personal law (statute) of a legal entity actuallyimpedes the implementation of the principle of freedom of establishment contained in the TFEU, as the relocation of control centers ofthe legal entity to the state where the theory of settlement is applied. loss of legal personality of a legal entity. This position is based onthe case law of the Court of Justice.
 In addition, the application of the theory of settlement and incorporation significantly complicates the process of regulating theactivities of legal entities and slows down the development of the single market in the EU.The experience of European countries in drafting an international treaty containing norms on unified legal regulation of the statusof legal entities has not proved effective. The EU has chosen other mechanisms for resolving conflicting issues of legal status of legalentities, namely: harmonization of national laws of EU member states on certain issues of legal status and activities of legal entities, aswell as the creation of new organizational and legal forms of legal entities. This partially overcomes certain issues of conflict-of-lawregulation of the status of legal entities, for example, the issue of cross-border movement of European companies, European cooperatives;in accordance with EU Directive 2019/2121, the rules of the laws of the Member States on cross-border transformation, mergersand divisions of limited liability companies should be harmonized." @default.
- W4248594089 created "2022-05-12" @default.
- W4248594089 creator A5005566225 @default.
- W4248594089 date "2020-11-10" @default.
- W4248594089 modified "2023-10-16" @default.
- W4248594089 title "Ways to resolve conflicting issues of the status of legal entities in EU law and in the legislation of some of its member states" @default.
- W4248594089 doi "https://doi.org/10.36695/2219-5521.3.2020.26" @default.
- W4248594089 hasPublicationYear "2020" @default.
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