Legal aspects of securities conversion in respect of redomiciliation
DOI:
https://doi.org/10.17308/law/1995-5502/2025/3/111-118Keywords:
automatic conversion, forced conversion, redomiciliation, international company, global depositary receipts, depositary, depositary program holder, registrar, segregation of securitiesAbstract
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.









