Gesellschaftsrechtliche Aspekte Des Regulaeren Delistings
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Gesellschaftsrechtliche Aspekte Des Regulaeren Delistings

Gesellschaftsrechtliche Aspekte Des Regulaeren Delistings


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About the Book

Die Makrotron-Entscheidung des BGH hat zahlreiche gesellschaftsrechtliche Fragen im Zusammenhang mit dem regulären Delisting für die Praxis geklärt. Insbesondere hat der BGH entschieden, daß die Hauptversammlung für die Entscheidung über das reguläre Delisting zuständig ist. Unklar bleibt jedoch, wie sich eine derartige Hauptversammlungskompetenz dogmatisch begründen läßt. Während die Literatur bislang davon ausging, daß das reguläre Delisting eine zustimmungspflichtige «Strukturmaßnahme» im Sinne der «Holzmüller-Doktrin» sei, wählte der BGH einen vollkommen neuen, verfassungsrechtlichen Ansatz zur Begründung der Hauptversammlungskompetenz. Diese Arbeit hinterfragt beide Begründungsansätze kritisch. Dabei zeigt sich, daß die Zulassung zum Börsenhandel als öffentlich-rechtliche Genehmigung keine durch Art. 14 GG geschützte Rechtsposition ist. Die genaue Analyse der «Holzmüller-Doktrin» ergibt, daß es sich bei dem zentralen Begriff der «Strukturmaßnahme» um einen gänzlich unbestimmten und auch unbestimmbaren Rechtsbegriff handelt, der es zwar ermöglicht, eigene Wertungen pseudo-argumentativ zu untermauern, der jedoch für die dogmatische-stringente Rechtsanwendung nicht brauchbar erscheint. Ausgehend von der wirtschaftlichen Bedeutung der Börsennotiz für die Gesellschaft entwickelt der Verfasser einen neuen Ansatz, der als Anknüpfungspunkt für eine Hauptversammlungskompetenz die Vorschriften über die Eigenkapitalausstattung der AG wählt. Aus der Verortung der Entscheidung über das reguläre Delisting als Annexkompetenz zu Entscheidungen über Eigenkapitalmaßnahmen können sodann sämtliche gesellschaftsrechtlichen Folgeprobleme gelöst werden.
About the Author: Der Autor: Gunter Reiff, geboren 1971 in Baden-Baden, studierte nach einer Ausbildung zum Bankkaufmann von 1994 bis 1999 an den Universitäten Mannheim und München Rechtswissenschaften. Während seines Referendariats gründete er die Bayerische und die Kölner Juristen-Messe, Recruiting-Veranstaltungen für Nachwuchsjuristen. Nach dem Abschluß des 2. Staatsexamens 2002 und der Promotion 2003 arbeitet er als Rechtsanwalt im Bereich des Steuer- und Gesellschaftsrecht in München.


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Product Details
  • ISBN-13: 9783631524121
  • Publisher: Peter Lang Gmbh, Internationaler Verlag Der W
  • Binding: Paperback
  • Height: 210 mm
  • No of Pages: 188
  • Series Title: Schriftenreihe Zum Gesellschafts- Und Kapitalmarktrecht
  • Weight: 2745 gr
  • ISBN-10: 3631524129
  • Publisher Date: 04 Jun 2004
  • Edition: New edition
  • Language: German
  • Returnable: N
  • Spine Width: 0 mm
  • Width: 148 mm


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Gesellschaftsrechtliche Aspekte Des Regulaeren Delistings
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