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Directive (EU) 2017/1132 of the European Parliament and of the Council of 14 June 2017 relating to certain aspects of company law (codification) (Text with EEA relevance. ) article 86r CELEX: 02017L1132-20220812 Consequences of a cross-border conversion
A cross-border conversion shall, from the date referred to in Article 86q, have the following consequences: (a) all the assets and liabilities of the company, including all contracts, credits, rights and obligations, shall be those of the converted company; (b) the members of the company shall continue to be members of the converted company, unless they have disposed of their shares as referred to in Article 86i(1); (c) the rights and obligations of the company arising from contracts of employment or from employment relationships and existing at the date on which the cross-border conversion takes effect shall be those of the converted company. |