Update: German Takeover Rules – Damages and the Failure to Make Mandatory Offer

Last week, I reported on the Federal Supreme Court’s judgment that denied claims of individual investors if a controlling shareholder fails to make a mandatory offer. Ulrich Wackerbarth, a corporate law professor and blogger* at the Corporate BLawG, has published a fundamental critique of the judgment: No rights of private action – basta!  Continue reading

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