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Dennis Campbell, David A. Garbus, Mergers and acquisitions: Meeting Challenges in Europe and North America after 1992, Kluwer (1991) 181p.

The papers published in this book are based on reports made in the 1990 conference at Salzburg. They express the view of practicing lawyers on the recent developments in the mergers and acquisitions (M&A) area both in Europe and in the US.

The reporters analyze the EEC legislations on merger control, joint venture and financing of acquisition and the probable future of the M&A activities in the Single Market perspective. They also point out the recent developments in US law concerning foreign investment and the benefits to be drawn from the Free Trade Agreement between the US and Canada. In addition to these international trade questions, the authors address some corporate issues like cross-border movements of executives (in Belgium, Switzerland), parent liability for subsidiary obligations (in the US), successor liability problems in the United Kingdom, disputes within corporations (in the Netherlands) and the Finnish M&A legislations.

The emphasis on the 'practical' makes these articles of particular interest for lawyers who are seeking to update their documentation on EEC and US merger law. However, practitioners should be aware that since the publication of this book, the case-law on EEC merger control has substantially expanded. The EEC policy towards merger and joint-venture has been, accordingly, refined.

Bruno Dupre', Paris

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