The Council of the Notariats of the European Union (CNUE) in April has published Notarial guidelines on M&A and other company law transactions. Introduction:

These guidelines, drawn up by the CNUE Company Law Working Group, are intended to provide guidance on certain practical questions, concerning cross-border conversions, mergers, and divisions, that mainly arise in connection with the transposition and application of Directive (EU) 2019/2121 of the European Parliament and of the Council of 27 November 2019 amending Directive (EU) 2017/1132 as regards cross-border conversions, mergers and divisions.

They have been drafted for the benefit of any practitioner who may be confronted with the specific situations addressed in order to offer practical solutions to a number of questions that are not directly resolved by the Directive itself.

Thus, they provide an interpretation based on the in-depth analysis of the Directive and the experience in the field of cross-border transactions of the members of the working group, with no binding character for the readers.