The European Private Company -- Societas Privata Europaea (SPE)

Bibliographic Information

The European Private Company -- Societas Privata Europaea (SPE)

edited by Heribert Hirte and Christoph Teichmann

(European company and financial law review, special volume ; 3)

De Gruyter, c2013

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Includes bibliographical references and index

Description and Table of Contents

Description

The planned European legal form Societas Privata Europaea (SPE) is a limited liability company of a closed group of shareholders, and thus is comparable to the German GmbH. At the European-level, the SPE serves as a supplement to the European Limited Liability Company (SE), which proved to be too difficult for small and medium-sized companies for various reasons. The SPE will be introduced on the basis of a European regulation, the content of which has been largely agreed to by the member states.

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