Restructuring of companies particularly merger and division both domestically or in a
cross-border situation has far-reaching consequences for all stakeholders. The contributions
focus on the question of how to protect the interests of shareholders creditors and employees
at a European and national level appropriately. The articles discuss how to promote freedom of
establishment in the growing competition between legal systems without encouraging a race to
the bottom in the company and labour law framework. The cross-border conversion of companies is
particularly delicate in this regard. From the workers' point of view it is decisive whether a
restructuring constitute a transfer of undertaking and which labour law consequences a transfer
has. Another particularly interesting aspect is the fate of the board-level employee
representation in case of corporate restructuring. The papers shed light on European
developments and some selected national manifestations of these issues.The authors are
distinguished Austrian German Italian Spanish Polish Serbian and Macedonian professors who
specialise in company and labour law.
