VALE: Determining the Need for Amended Regulation Regarding Free Movement of Companies within The EU - European Business Law Review View VALE: Determining the Need for Amended Regulation Regarding Free Movement of Companies within The EU by Mathias Krarup - European Business Law Review VALE: Determining the Need for Amended Regulation Regarding Free Movement of Companies within The EU Mathias Krarup 24 5

In its recent VALE-case the ECJ made it clear that Member States allowing national company conversions may not prohibit cross-border conversions. Thus, VALE complements the Cartesio-judgment by providing the right to move into a Member State. Recent Danish practice evidences the need for amended legislation among Member States until EU legislation will most likely be harmonised.

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