以色列法院对两地上市公司的处理方式产生了意想不到的影响

Q1 Social Sciences

Theoretical Inquiries in Law Pub Date : 2022-02-01 DOI:10.1515/til-2022-0003

A. Klement

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引用次数: 0

摘要

摘要本文研究了以色列法院在针对两地上市公司的证券集体诉讼中的法律选择方法及其对以色列股东产生的意想不到的不利影响。以色列法院将美国法律适用于双重上市公司，以诱使公司在特拉维夫证券交易所上市交易。然而，这一选择的结果之一是使美国律师能够将以色列交易的股票纳入美国证券集体诉讼。文章称，这一结果可能会损害以色列股东的权利，降低他们的预期薪酬。

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The unexpected effects of israeli courts’ approach to dual-listed companies

Abstract This Article studies the Israeli courts’ approach to choice of law in securities class actions against dual-listed companies, and its unexpected adverse effects on Israeli shareholders. Israeli courts apply American law to dual-listed companies, as an inducement for companies to list their shares for trade on the Tel Aviv stock exchange. However, one of the outcomes of this choice was to enable American attorneys to include Israeli-traded shares in American securities class actions. The Article claims that this outcome might undermine Israeli shareholders’ rights and reduce their expected compensation.

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来源期刊

Theoretical Inquiries in Law Social Sciences-Law

CiteScore

1.50

自引率

0.00%

发文量

期刊介绍： Theoretical Inquiries in Law is devoted to the application to legal thought of insights developed by diverse disciplines such as philosophy, sociology, economics, history and psychology. The range of legal issues dealt with by the journal is virtually unlimited, subject only to the journal''s commitment to cross-disciplinary fertilization of ideas. We strive to provide a forum for all those interested in looking at law from more than a single theoretical perspective and who share our view that only a multi-disciplinary analysis can provide a comprehensive account of the complex interrelationships between law, society and individuals