{"product_id":"related-party-transactions-and-corporate-ivan-romashchenko-9789403517018","title":"Related Party Transactions and Corporate Groups: When Eastern Europe Meets the West","description":"\u003cp\u003eIn a market environment where economic actors conduct themselves as diligent and conscientious managers, the regulation of related party transactions (RPTs) would be largely irrelevant. Unfortunately, the corporate reality is far from an ideal world that is innocent of market abuse and corporate fraud. It remains necessary to protect minority shareholders from the wrongdoings of majority shareholders and to protect all shareholders from opportunistic managerial behaviour. This timely book - the first on the subject since implementation of the European Union's (EU's) revised Shareholders' Rights Directive - provides in-depth analysis of how and to what extent RPTs are covered by existing legal requirements on capital protection and corporate group regulation, highlighting experiences and strategies adopted in Germany, Poland, and the Netherlands as examples for Eastern European countries and in particular Ukraine.\u003c\/p\u003e \u003cp\u003eBeyond his comparative analysis of the current status, the author offers recommendations for more effective handling of RPTs, investigating such aspects as the following: \u003c\/p\u003e \u003cul\u003e \u003cli\u003ewhat constitutes a corporate group and how group issues are regulated in the various legal systems;\u003c\/li\u003e \u003cli\u003ewhat constitutes a conflict of interest originating in ownership and control and what types of such conflicts occur;\u003c\/li\u003e \u003cli\u003ewhether RPTs within corporate groups should receive special treatment relative to transactions outside groups;\u003c\/li\u003e \u003cli\u003ecombatting corporate raiding, most often carried out through illegal seizure of corporate assets;\u003c\/li\u003e \u003cli\u003eapproval and disclosure requirements for RPTs; and\u003c\/li\u003e \u003cli\u003ehow information about RPTs is disclosed publicly.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eDrawing on resources including legislation, case law, scholarship, and intensive discussions with practicing lawyers from several jurisdictions, the author underscores the imperative of establishing limitations and requirements that oblige a company's officers, shareholders, and other potential related parties to follow certain rules whenever they wish to enter into an RPT.\u003c\/p\u003e \u003cp\u003eAs a contribution to the debate about the convergence between EU corporate law and that of major eastern European states, the book has no peers. Practitioners in both East and West who advise on compliance with regulations for RPTs or represent stakeholders' interests against abusive RPTs will ensure appropriate remedies and protection mechanisms for their clients.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Ivan Romashchenko\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 9403517018\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9789403517018\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Kluwer Law International\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 03\/06\/2020\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 376\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.55lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.80h x 6.20w x 1.00d","brand":"Ivan Romashchenko","offers":[{"title":"Hardcover","offer_id":43942590677247,"sku":"9789403517018","price":142.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_809aac9d-2a67-49b7-a367-ce2c06abc1da.jpg?v=1681493235","url":"https:\/\/www.whiterainbookhouse.com\/products\/related-party-transactions-and-corporate-ivan-romashchenko-9789403517018","provider":"WR Book House","version":"1.0","type":"link"}