The European Model Company Law Act Project

On 27 and 28 September 2007, a commission formed on the initiative of the authors1held its first meeting in Aarhus, Denmark to deliberate on its goal of drafting a "EuropeanModel Company Law Act" (EMCLA). This project, outlined in the following pages, aimsneither to force a mandatory harmonization of national company law nor to create a further,European corporate form. The goal is rather to draft model rules for a corporation thatnational legislatures would be free to adopt in whole...