Common Legal Framework for Takeover Bids in Europe

Dirk Van Gerven is a partner in the Brussels office of NautaDutilh (a leading Benelux law firm) and a member of the Brussels and New York Bars. He has extensive experience in all areas of corporate and financial law, including securities regulation. Dirk is in charge of continuing legal education for the Dutch-speaking Bar Association of Brussels and has published widely in the fields of corporate and financial law. Since 2003, he has also been a member of the supervisory board of Belgium's Banking, Finance and Insurance Commission.

Part I: 1. Rules of Community law applicable to takeover bids Dirk Van Gerven; 2. A US lawyer's perspective on the Takeover Directive Nikolaos Andronikos; Part II. Application in each Member State: National reports for the EU Member States: 3. Austria Florian Khol, Thomas Berghammer; 4. Belgium Marc Van Der Haegen, Dirk Van Gerven; 5. Czech Republic Petr Kasik and Vlastimil Pihera; 6. Estonia Sven Papp, Ahto Nirgi; 7. Germany Hildegard Ziemons, Jochen Schlotter and Karsten Hilmer; 8. Greece Vassiliki Lazarakou, Elena Papachristou; 9. Hungary Jacques De Servigny and Zsófia Fekete; 10. Ireland Michael Greene and Keavy Ryan; 11. Latvia Dace Silava-Tomsone, Martins Aljens; 12. Lithuania Irmantas Norkus and Eva Suduiko; 13. Luxembourg Josee Weydert and Carmen Rodriguez; 14: The Netherlands Christiaan De Brauw, Bart Jong, Harmen De Mol Van Otterloo and Paul Olden; 15. Portugal Martim Krupenski; 16. Slovak Republic Branislav Hazucha and Michaela Jurkova; 17. Spain Carlos Paredes Galego and Dámaso Riaño López; 18: United Kingdom Craig Jones; Annexes: Annex I Council Directive (EC) No 2004/25 of 21 April 2004 on takeover bids (the Takeover Directive); Annex II List of national laws implementing the Takeover Directive.