Oficialaus pasiūlymo teisinio reglamentavimo problemos.
In the article the author analyzes a problem related to the bid. The word “bid” can be understood as a person’s official offer to obtain (buy, exchange) securities of a certain company; this offer can be made both voluntarily and in pursuance of settled obligations. Attributes, types and principles of a bid are marked out in the article. The rule of the mandatory bid is mentioned as one of the essential parts in the process of company takeovers. The legal regulation of a bid in the USA is disputed in the article by employing a comparative and historical method. In legislating federal laws that regulate bids the principle was established that only company shareholders can govern results of the offer. The Federal regulation refers to the spirit of free market in attaining minimum regulation for bid related questions. Meanwhile, at the state level, the opinion dominated that persons who render a bid are seeking speculative purpose, but not financial stability of the company. The states began to legislate against takeover specific laws whereby the company board has final influence on the bid results. The laws of the states mainly determine the system for legal regulation of bids in the USA.
- Straipsniai / Articles