he article analyses a number of characteristic cases of target company''s directors and shareholders conflicts of interest in leveraged buy-outs, noting that such cases have not been extensively studied by European researchers and addressed by the judiciary of the European countries. There is reason to believe that, on the basis of an interpretation applying general legal principles, the possibility that the directors and shareholders of the target will use the operation to achieve extra company interests is potentially high. As a consequence, the article proposes a different, more rigorous interpretation of the laws on conflict of interest of directors and shareholders.
|Titolo:||Conflicts of interests of target company's directors and shareholders in leveraged buy-outs|
|Autori interni:||VICARI, ANDREA (Primo)|
|Settore Scientifico Disciplinare:||Settore IUS/04 - Diritto Commerciale|
|Data di pubblicazione:||ott-2007|
|Appare nelle tipologie:||01 - Articolo su periodico|