Management buy-outs (MBOs) are one segment of business that could make a great movie. The reason being that in many occasions they consist of the drama of tough and tense negotiations as well as the stress of trying to raise a great deal of money. As if this was not enough, there is a...

Examines the European Commission's practice with regard to the failing firm defence as an element of its counterfactual assessment under Regulation 139/2004 (Merger Regulation), and considers whether the three stage test for the defence should be interpreted more flexibly in times of economic...

Examines the uncertainties over how the Treaty on the Functioning of the European Union art.101 applies to information exchange between competitors, despite the publication of European Commission guidelines on the issue. Discusses the principles of the European Court of Justice ruling in...

This paper closely scrutinizes the Markets in Financial Instruments Directive (MiFID) paying particular attention to important parts of the preamble, investor protection instruments, whether or not a fiduciary relationship exists between an investor and a firm and the role that it plays as well...

This article attempts to demonstrate the significance of an investment firm in Cyprus for investors as well as any other individual involved in the financial services arena. The implementation of the provisions of the MiFID Directive into the domestic law contributes in Cyprus having a reliable...

If one ignores the rights of the minority and dissenting shareholders, he is running counter to equality. On the contrary, if the minority shareholders are granted unlimited powers it will lead to minority oppression. The courts ensure us that a fair balance is achieved between these two...