The importance of M&A, legal and procedural issues in different types of M&A transactions under Armenian legislation

Abstract

The purpose of this paper is to discuss the legal instruments and regulations available in the international market, the way they work and what possible development can be seen if implemented in the Armenian realities. The intention is to discuss the main gaps in the Armenian legislation concerning different types of M&A, the possibility of its future development by implementation of M&A standards and its potential influence on the growth of the Armenian companies (including the possibilities of cross-border M&As). The paper will provide a clear and broad review on the currently available mechanisms and regulations in the Armenian legislation and its functionality in the practice. It will try to present answers on questions like “Which are the main regulatory & legislative mechanism of different types of M&As in Republic of Armenia?”, “Whether the existing mechanisms satisfy the needs of the Armenian and international business markets?” and “What possible internationally used mechanisms can be implemented in the RA legislation that can foster the growth of the M&A field”. The reasons behind the inquiries are the issues of the existing mechanism and legislation in the light of the changing economic and political realities of RA and the rapidly developing business market of the 21st century.