{"id":5837,"date":"2023-11-03T11:29:31","date_gmt":"2023-11-03T10:29:31","guid":{"rendered":"https:\/\/sccl.se\/scgi-signs-joint-statement-of-nordic-company-law-scholars\/"},"modified":"2023-11-17T12:22:18","modified_gmt":"2023-11-17T11:22:18","slug":"scgi-signs-joint-statement-of-nordic-company-law-scholars","status":"publish","type":"post","link":"https:\/\/sccl.se\/en\/scgi-signs-joint-statement-of-nordic-company-law-scholars\/","title":{"rendered":"SCGI signs Joint Statement of Nordic Company Law Scholars"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1216.8px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:10px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:10px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p><strong>SCGI signs Joint Statement of Nordic Company Law Scholars on the European-Parliament\u2019s Proposed Amendments to the Proposal for a Directive on MVR Shares<\/strong><\/p>\n<p>On 7 December 2022, the European Commission presented a package of legislative proposals, one of which was a proposal for a directive on multiple-vote share structures in companies that seek admission to trading of their shares on an SME growth market.<\/p>\n<p>On 24 October 2023, the European Parliament adopted a set of proposed amendments to the proposal that will now proceed into the trilogue negotiations. It has come to our attention that there is some uncertainty regarding the question of whether shareholder resolutions are binding on the company and that this uncertainty may reflect on one of the amendments suggested.<\/p>\n<p>This joint statement is made to explain that at least in respect of our native jurisdictions, Nordic company law, it is absolutely clear that any resolution adopted at the General Meeting of a company is binding on that company, including its members and directors, irrespectively of who tabled the motion, and consequently shareholder resolutions are binding as well.<\/p>\n<p><em>Any questions can be addressed to Erik Lidman, Director at the Swedish Corporate Governance Institute.<\/em><\/p>\n<\/div><div ><a class=\"fusion-button button-flat fusion-button-default-size button-default fusion-button-default button-1 fusion-button-default-span fusion-button-default-type\" target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/sccl.se\/wp-content\/uploads\/2023\/11\/joint-nordic-statement.pdf\"><span class=\"fusion-button-text awb-button__text awb-button__text--default\">Read the entire speech in pdf<\/span><\/a><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":5840,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":["post-5837","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-scgi-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - 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