Company capital:Consequences of the (Danish) company law reform 2009/10

Artiklen analyserer de liberaliserede forskrifter om danske aktie- og anpartsselskabers kapitalforhold efter selskabsreformen 2009, herunder de reducerede krav til kapital ved stiftelsen og de øgede muligheder for ekstraordinært udbytte, selskabets køb af egne aktier eller anparter, selvfinansiering af køb af aktier eller anparter i selskabet samt lån og sikkerhed mv. fra selskabet til dets aktionærer, anpartshavere og ledelse. En række konsekvenser analyseres på selskabs-, aftale-, pante- og erstatningsretligt niveau.The article analyses the liberalised provisions on Danish public and private companies' capital after the Danish company law reform 2009/10, including the reduced demands for capital at the establishing of a company, and also the increased options for extraordinary dividends from the company, for the company's purchase of its own shares, for the financing - through the company's own means - of the acquisition of the company, and for the possibility of offering loans and guarantees for the benefit of the shareholders and the management. A number of consequences are analysed on the level of company, contract, mortgage, liability and torts law