The laws of the Member States shall at least lay down rules governing the civil liability, towards the shareholders of the company being acquired, of the members of the administrative or management bodies of that company in respect of misconduct on the part of members of those bodies in preparing and implementing the merger.
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Chapter I · Mergers of public limited liability companies › Section 2 · Merger by acquisition › Article 106
Civil liability of members of the administrative or management bodies of the company being acquired
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