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Home > Law > Laws of specific jurisdictions > Financial law: general > Capital markets and securities law and regulation > Die Angebotslosung Des Delistings in 39 Abs. 2 Und 3 Borsg: Auslegungsfragen Und Reformpotenziale Fur Ein Interessenwahrendes Gegenleistungssystem
Die Angebotslosung Des Delistings in 39 Abs. 2 Und 3 Borsg: Auslegungsfragen Und Reformpotenziale Fur Ein Interessenwahrendes Gegenleistungssystem

Die Angebotslosung Des Delistings in 39 Abs. 2 Und 3 Borsg: Auslegungsfragen Und Reformpotenziale Fur Ein Interessenwahrendes Gegenleistungssystem


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About the Book

English summary: The Delisting Offer Solution Pursuant to Section 39 (2) and (3) BorsG. Issues of Interpretation and Potential for Reform of an Interest-Based Compensation System Recent factual and legislative developments have added yet another chapter to the contentious saga of delisting regulation. Against this backdrop, this thesis examines the existing gaps in investor legal protection in relation to delisting offers and proposes a reform to the valuation of listed shares capable of universal application. The proposal strengthens the legal protection of investors going forward and ensures a balance of interests between the parties involved. German description: Entscheidet ein Emittent sich, ein Delisting zu initiieren, kollidieren die Interessen der verschiedenen Beteiligten. Eine der Lehren aus der Corona-Pandemie ist, dass die gesetzgeberische Antwort auf diesen Interessenkonflikt - die Angebotslosung in 39 Abs. 2 und 3 BorsG - nicht ausnahmslos geeignet ist, einen interessenwahrenden Kompromiss zu gewahrleisten. Der Autor untersucht in einem ersten Schritt die Auslegungs- und Analogiefahigkeit der Preisberechnungsvorschriften des 39 Abs. 3 Satz 3 und 4 BorsG, bevor er anschliessend die Moglichkeit sekundarer Rechtsschutzinstrumente beleuchtet. Auf der Grundlage aufgezeigter Rechtsschutzlucken entwickelt die Arbeit in einem zweiten Schritt einen Reformvorschlag fur ein interessenwahrendes Gegenleistungssystem. Ein Schwerpunkt liegt darauf, unter Berucksichtigung der hochstrichterlichen Rechtsprechung ein Kompensationssystem zu entwickeln, das bewertungsanlassubergreifend eine fur alle Beteiligten und in jedem Einzelfall angemessene Gegenleistung garantiert.


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Product Details
  • ISBN-13: 9783428195169
  • Publisher: Duncker & Humblot
  • Publisher Imprint: Duncker & Humblot
  • Language: German
  • Returnable: N
  • Weight: 580 gr
  • ISBN-10: 3428195167
  • Publisher Date: 30 Apr 2025
  • Binding: Paperback
  • No of Pages: 390
  • Sub Title: Auslegungsfragen Und Reformpotenziale Fur Ein Interessenwahrendes Gegenleistungssystem


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Die Angebotslosung Des Delistings in 39 Abs. 2 Und 3 Borsg: Auslegungsfragen Und Reformpotenziale Fur Ein Interessenwahrendes Gegenleistungssystem
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