COMPANY LAW : NEW CONSULTATION ON EUROPEAN FOUNDATION STATUTE.

The idea of a European foundation statute has been around since 2003. The European Commission has not taken a decision yet on the need to legislate on this matter and is consequently launching a new consultation to gather additional input. A questionnaire, published on 16 February, is meant to determine whether it is necessary and desirable to create a new legal form and the content of a possible European foundation statute. The consultation will run until 15 May.

Last June, Alain Coheur, president of Social Economic Europe (which represents the social economy at European level) called for such a European statute for...

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