Articles
| Open Access |
https://doi.org/10.37547/ijlc/Volume05Issue12-13
Issues Of Reorganization (Restructuring) Of Corporate Companies: Uzbekistan and Foreign Experience
Abstract
This article analyzes the theoretical and practical aspects of the institution of restructuring corporate entities. Within the framework of the legislation of the Republic of Uzbekistan, the forms and procedures of reorganization, issues of legal succession, and mechanisms for protecting the rights of creditors and shareholders were studied. The experience of the USA (Delaware), Germany, and other developed countries was also analyzed using the comparative legal method. The article presents the scientific views of domestic and foreign legal scholars and puts forward the author's proposals for improving the corporate legislation of Uzbekistan.
Keywords
Reorganization, restructuring, merger, acquisition
References
Civil Code of the Republic of Uzbekistan (1997). Retrieved: https://lex.uz/docs/111189
Law "On Joint-Stock Companies and Protection of Shareholders' Rights" (2014). Retrieved: https://lex.uz/docs/-2382409
Law "On Limited and Additional Liability Companies" (2001). Retrieved: https://lex.uz/docs/-22525
Law of the Republic of Uzbekistan dated February 7, 2025 No. ЗРУ-1025 "On Amendments and Additions to Certain Legislative Acts of the Republic of Uzbekistan in Connection with the Further Improvement of the Legal Framework of Corporate Relations." Retrieved: https://lex.uz/uz/docs/7367697
Delaware General Corporation Law, § 251, § 259, § 262. Received: https://delcode.delaware.gov/title8/c001/sc09/
Directive (EU) 2019/2121 (Cross-Border Conversions, Mergers and Divisions Directive).
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