The Contribution of European Law to National Legislation Governing Business Law
Abstract
The article discusses the impact of European Law on the national legislation that governs the business law. It reports that the Court of Justice of the European Communities on December 12, 2008 releases a decision that the statute in a member state of the European Union (EU) required to prohibit an incorporated company from transferring to another member state. It notes that the Treaties' legal foundation enable the (EU) institution to promote harmony in corporate law.