European Union: Directive (EU) 2017/1132 To Repeal And Codify Certain Existing Company Law Directives Has Been Published In The Official Journal

On 30 June 2017, Directive (EU) 2017/1132 of the European Parliament and of the Council of 14 June 2017, relating to certain aspects of company law, was published in the Official Journal of the European Union. The directive repeals and codifies the following directives:

• Sixth Company Law Directive;
• Eleventh Company Law Directive;
• The Cross Border Mergers Directive;
• Directive 2009/101/EC regarding coordination of safeguards;
• Third Company Law Directive regarding mergers of public limited liability companies; and
• Second Company Law Directive regarding the formation of public limited companies and the alteration and maintenance of their capital.

This Directive entered into force on 20 July 2017, and a copy can be found at:

• http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32017L1132&from=EN

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.