{"title":"Las Problemáticas对Transformación商业协会章程的修改(公司改制附加的有问题的章程修正案)","authors":"A. Sanchez-Graells","doi":"10.2139/SSRN.1787923","DOIUrl":null,"url":null,"abstract":"Spanish Companies regulation (in particular, Act 3/2009 on the structural modifications of corporations) allows for a simplified procedure of charter amendment in the case of transformation of corporations. In some cases, the simplification might imply a reduction in shareholders' and creditors' rights. This article critically appraises the Spanish rules and proposes a functional interpretation that preserves shareholders' and creditors' legitimate rights when corporations decide to transform.","PeriodicalId":162203,"journal":{"name":"ERN: Decision Rights (Topic)","volume":"214 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2010-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Las Problemáticas Modificaciones Adicionales a la Transformación de Sociedades Mercantiles (The Problematic Charter Amendments Additional to the Transformation of Corporations)\",\"authors\":\"A. Sanchez-Graells\",\"doi\":\"10.2139/SSRN.1787923\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Spanish Companies regulation (in particular, Act 3/2009 on the structural modifications of corporations) allows for a simplified procedure of charter amendment in the case of transformation of corporations. In some cases, the simplification might imply a reduction in shareholders' and creditors' rights. This article critically appraises the Spanish rules and proposes a functional interpretation that preserves shareholders' and creditors' legitimate rights when corporations decide to transform.\",\"PeriodicalId\":162203,\"journal\":{\"name\":\"ERN: Decision Rights (Topic)\",\"volume\":\"214 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2010-12-15\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"ERN: Decision Rights (Topic)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/SSRN.1787923\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"ERN: Decision Rights (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/SSRN.1787923","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Las Problemáticas Modificaciones Adicionales a la Transformación de Sociedades Mercantiles (The Problematic Charter Amendments Additional to the Transformation of Corporations)
Spanish Companies regulation (in particular, Act 3/2009 on the structural modifications of corporations) allows for a simplified procedure of charter amendment in the case of transformation of corporations. In some cases, the simplification might imply a reduction in shareholders' and creditors' rights. This article critically appraises the Spanish rules and proposes a functional interpretation that preserves shareholders' and creditors' legitimate rights when corporations decide to transform.