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E. Culinovic-Herc

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Author: E. Culinovic-HercYear: 2015Subject: Lawclear all
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ARE CROWDINVESTING PLATFORMS MANAGERS OF ALTERNATIVE INVESTMENT FUNDS?

(STEF92 Technology, 2015, E. Culinovic Herc, N. Grkovic)

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Crowdinvesting is a recently emerged business practice recognised as an alternative method of raising risk capital in the early stage financing of start-ups and small enterprises. It involves a collection of relatively small amounts of money contributions from a general public, via platform operator. In return, investors acquire equity or debt financial instruments issued either by project holder seeking finance (direct crowdinvesting) or a special purpose vehicle established by the platform operator or a third pa...

SOCIAL SCIENCES: Section Law2015
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NEW RULES FOR RESCUING AND RESTRUCTURING STATE AID - SHARING BURDEN OF PRESENT TO SHARE GAINS OF FUTURE

(STEF92 Technology, 2015, T. Obradovic Mazal, E. Culinovic Herc)

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State aid for rescue and restructuring of companies in difficulty causes a significant distortion of market competition. Financed by taxpayers'money and in a sensitive era of EU economy getting back at its feet, state aid to companies facing difficulties called for additional ex ante control and filters to be applied. Thus, the European Commission introduced new Guidelines looking into more strict assessments of cases where rescue or restructuring aid is awarded. In addition, the burden must be shared between the ...

SOCIAL SCIENCES: Section Law2015
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