Groups of companies in Austria and in the European Union - the interest of the group

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Authors

  • Magdalena Gruber

Keywords:

groups of companies, interest of the group, European Union, Austria, group law, company groups, harmonisation

Abstract

Whereas groups of companies are a very common phenomenon in Austria as well as in the entire European Union, legal grounds for them are largely inexistent. Even if some aspects were regulated in the past years, one of the most important questions, namely whether the parent company can adversely make use of its subsidiaries, remains unaffected so far. This paper addresses how Austria and other European Member States deal with groups of companies and the relationship between parent and subsidiary companies from a legal perspective, with special regard to cross-border transactions.

References

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2020-05-28

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