EMCA activities

Some members of the Business Law group are involved in the European Model Company Act (EMCA).

The EMCA is inspired by the american Model Business Corporation Act (MBCA). It is a free-standing general corporation statute that can be enacted by Member States either in its entirety or in selected provisions of the Model Law.

The EMCA offers Member States a model company law where each Member State can decide whether or not it will offer its businesses the advantages given by harmonisation. The major benefit offered by an integrated company law framework is that it establishes similar conditions for company shareholders and third parties all over the European Union. These in turn facilitate cross-border investment and trading by ensuring shareholder rights and rebuilds investor confidence.