European Company and Financial Law Review



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European Company and Financial Law Review Published by Pierre-Henri Conac Paul Davies Yves De Cordt José M. Embid Irujo Luis Fernández de la Gándara Holger Fleischer Guido Ferrarini Heribert Hirte Peter Hommelhoff Klaus J. Hopt Susanne Kalss Maarten Kroeze Hanno Merkt Peter Nobel Jonathan Rickford Isabelle Urbain-Parleani Invitation to the 7 th ECFR Symposium in Luxemburg Prof. Dr. Heribert Hirte, LL.M. Managing Editor Universität Hamburg Fakultät für Rechtswissenschaft Rothenbaumchaussee 33 D-20148 Hamburg phone: +49 (0)40-42838-3020 fax: +49 (0)40-42838-7037 e-mail: Heribert.Hirte@jura.uni-hamburg.de Hamburg and Luxemburg, May 28, 2012 Dear Colleagues, On behalf of the editors of the European Company and Financial Law Review (ECFR), the editors of the Revue des sociétés (Dalloz), and the University of Luxemburg, I would kindly like to invite you to the Seventh ECFR Symposium, which will take place in Luxemburg, Luxemburg, on Friday, September 28, 2012 (9.00 ca. 18.00) on 1) Corporate Governance: Duties and Liabilities of Board Members and 2) The Transfer of Seat (afternoon session). The ECFR Conference will be held in the Luxemburg Chamber of Commerce, 7, rue Alcide de Gasperi, Luxembourg-Kirchberg, L-2981 Luxembourg. The Conference will be held in English. On the basis of talks by both academics and practitioners, our conference schedule will visit the following topics: Verlag: De Gruyter Rechtswissenschaften Verlags-GmbH Postfach 303421, 10728 Berlin phone +49 (0)30 260 05-0 fax +49 (0)30 260 05-329

2 Opening remarks Pierre Gramegna (Director, Chamber of Commerce, Luxemburg) Heribert Hirte (Professor, University of Hamburg, Germany) Pierre-Henri Conac (Professor, University of Luxemburg, Luxemburg) Morning Session I: Duties and Liabilities of Board Members in Investment Funds President: Heribert Hirte The Legal Situation in Luxemburg and in Europe (Isabelle Riassetto, Professor, University of Luxemburg, Luxemburg) The View of the Industry (Claude Kremer, President of the European Fund and Asset Management Association - EFAMA, Brussels, Partner at Arendt & Medernach, Luxemburg) The View of the Luxemburg Regulator (Simone Delcourt, Member of the Executive Board of the Commission de Surveillance du Secteur Financier, CSSF, Luxemburg) Morning break Morning Session II: Duties and Liabilities of Board Members in Listed Companies President: Niamh Moloney, Professor, London School of Economics, London) Mapping Directors' Duties: Current Trends and Developments in the EU (Carsten Gerner-Beuerle, Senior Lecturer, London School of Economics and Edmund Schuster, Lecturer, London School of Economics) A Case Based Study on Duties and Liabilities of Board Members (Theis Klauberg, bnt attorneys-at-law, Riga, Latvia)

3 Risk Management, Procedures and Company Law (Dirk Zetzsche, Professor, University of Liechtenstein) Duties and Liabilities of Independent Board Members (Erich Vermeulen, Professor of Law and Management [Faculty of Law, Tilburg University], Professor of Financial Market Regulation [Tilburg Law and Economics Center] and Vice President Philips Corporate Legal Department [Corporate and Financial Law Group], Philips N.V., Eindhoven, Netherlands) Lunch break (Walking Lunch in the Chamber of Commerce) Afternoon Session I: Related Parties Transactions President: Isabelle Urbain-Parleani (Professor, Université Paris Descartes, Paris, France) Conflict of Interest, Secrecy and Insider Information (Klaus Hopt, Emeritus Professor, Max-Planck Institut für Ausländisches und Internationales Privatrecht, Hamburg, Germany) The OECD Report on Related Party Transactions and Minority Shareholder Rights (Belgium, France, Italy, Israel and India) (Daniel Blume and Grant Kirkpatrick, OECD, Paris) Director s Duties in Groups of Companies Legalizing the Interest of the Group at the European Level (Pierre-Henri Conac, Professor, University of Luxemburg, Luxemburg) Afternoon break Afternoon Session II: The Transfer of Seat President: Marco Ventoruzzo (Director, Max Planck Institute for International, European, Regulatory and Procedural Law, Luxembourg, Professor, Bocconi University, Milan, Italy, and Penn State Dickinson School of Law, U.S.A.)

4 The Proposal of the Directive on the Transfer of Seat and the Vale Case (Jesper Lau Hansen, Professor, University of Copenhagen, Denmark) Corporate Mobility in the EU - a Flash in the Pan? (Georg Ringe, Professor, Copenhagen Business School, Copenhagen, Denmark) Closing remarks (Marcus Lutter, Prof. Dr. Dr. h.c. mult., University of Bonn, Germany) Please let us know whether you would like to attend the conference by returning the attached form by, at the latest, August 20th. As soon as we receive your confirmation, we will arrange a room in Luxemburg, Luxemburg, for you according to your specification. The cost of accommodation will be billed to you separately by the hotel. The cost of participation in the conference is 100 Euros (exemption from the registration fee for academics and young scholars upon request). Additional 50 Euros per person will be charged for participating in the conference dinner, which will be held on 27 September 2012 at 8 p.m. in the Restaurant Oro e Argento, Sofitel Luxembourg Europe, 4, Rue du Fort Niedergrunewald, Quartier Européen Nord, Plateau de Kirchberg, 2015 Luxembourg, Luxembourg (phone (+352)437761 - (+352)425091). If you have further questions, please feel free to contact Dr. Sebastian Mock (sebastian.mock@jura.uni-hamburg.de) at the University of Hamburg. Kind regards Yours Heribert Hirte

5 Sender Name: Address: E-Mail-Address: Signature: Professor Heribert Hirte University of Hamburg Rothenbaumchaussee 33 20148 Hamburg GERMANY Fax: + 49/40/42838-7037 I hereby register by August 20th, 2012, at the latest (registering later may cause problems regarding the reservation of rooms), for the 7th ECFR Symposium on Corporate Governance: Duties and Liabilities of Board Members and The Transfer of Seat on Friday, September 28th, 2012 in the Luxemburg Chamber of Commerce. (7, rue Alcide de Gasperi, Luxembourg-Kirchberg, L-2981 Luxembourg, www.cc.lu). You may also register by mail, returning the completed form to Dr. Sebastian Mock (sebastian.mock@jura.uni-hamburg.de) at the University of Hamburg. Participation fee: I sent a cheque of 100 (plus costs for the conference dinner) to the above mentioned address. I transferred the amount of 100 (plus costs for the conference dinner) to the account number 3631355 00 of the Legal Research Center Ltd. that administers the funds on behalf of ECFR at Deutsche Bank Hamburg (BLZ 20070024) (for international money transfers the IBAN is DE97200700240363135500 and the BIC/SWIFT-Code is DEUTDEDBHAM) (Please state your name as the reason of transfer).

6 I will participate in the conference dinner at the price of 50 p.p. which will be held on Thursday, September 27th at 8 p.m. in the Restaurant Oro e Argento, Sofitel Luxembourg Europe, 4, Rue du Fort Niedergrunewald, Quartier Européen Nord, Plateau de Kirchberg, 2015 Luxembourg, Luxembourg. yes no Please indicate the number of persons attending Please make arrangements for accommodation at between 150 and 200 per single room and night in one of the nearby hotels from Thursday, September 27 th to Friday, September 28 th from Friday, September 28 th to Saturday, September 29 th from Saturday, September 29 th to Sunday, September 30 th Please reserve a single room double room I prefer a higher category lower category Cancellations have to be made three days prior to the beginning of the conference.