Legal aspects of securities conversion in respect of redomiciliation

Authors

DOI:

https://doi.org/10.17308/law/1995-5502/2025/3/111-118

Keywords:

automatic conversion, forced conversion, redomiciliation, international company, global depositary receipts, depositary, depositary program holder, registrar, segregation of securities

Abstract

The article analytically describes the stages of conversion of global and American depositary receipts certifying rights in respect of shares of an international company. Legal peculiarities and practical details of realization of conversion stages are considered. Problems of legal regulation of conversion within the framework of redomiciliation are revealed, variants of their resolution are offered, and relevant judicial practice is analyzed.

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Author Biography

  • I. V. Chistiakova, St Petersburg University

    Master of Law, Applicant of the Department of Commercial Law, Lawyer of the JSC «TBank»

References

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Published

2025-12-04

Issue

Section

Civil Law and Process