Capital and Capital Protection 2015 in Europe - A Critical Review

Presentation by Professor Jan Andersson, Stockholm University

The issue if company legislation should contain any rules on minimum share capital has been debated in many countries in the last 10-15 years, including the Nordic countries. Two arguments against the minimum share capital is a) it do not provide any substantial protection for creditors and is b) a barrier against entreprenuers starting a firm with limited liability. Whatever the merits is of the discussion concerning the minimum share capital, it should not disguise the fact that once the company is a going concern the structure of the legislation, its complexity as well as technical details in relation to creditor rules - for instance the capital maintenance rule - is of more importance to a entrepreneur. But is the current creditors rules in most European countries today all legal mumbo jumbo worth nothing for anyone except lawyers and auditors?

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Coffee, tea and fresh fruit will be served.

You may bring your lunch packet!

Published Feb. 16, 2015 8:56 AM - Last modified Feb. 17, 2015 4:09 PM