Denmark: Meeting in cyberspace
The Danish Parliament's amendments to the Public Limited Companies Act have led to an increased use of IT facilities, raising the number of potential legal problems, says Kasper Blangsted Dichow
The Danish Parliament has adopted a number of amendments to the Public Limited Companies Act coming into force from 1 October, 2003. The amendments are predicted to lead to an improvement in the communication facilities between companies and shareholders and to bring the practical company and securities regulation into line with technological development. The Danish Government has high expectations for these progressive amendments and hopes they will result in a boost in foreign venture capital and private equity investments in Denmark.
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