»Delisting Below Value – de lege lata et ferenda. With Special Consideration of the Case of Rocket Internet SE«: The thesis examines the legal implications of a delisting below value. Even in the event of significant (e.g. pandemic-related) price distortions, the offer provisions in section 39 paragraph 3 of the German Stock Exchange Act (BörsG) are exhaustive – although the legislator intended full financial compensation. There are no other remedies for effective investor protection. Taking into account national and international models, better regulatory options can be found.
David Sam
Kapitalmarktrecht Unternehmensbewertung COVID-19 Corona Österreich Börsenkurs Gesellschaftsrechtliche Strukturmaßnahmen