The limited liability company (GmbH) was created by the German legislature in 1892 as a company form without any historical forerunners or suggestions from comparative law. It brought about a readjustment of the relationship between the chance of profit and the liability risk. However, criticism from the jurisprudence that had not been included in the quick legislative process was also heard from the start. As early as 1892, Levin Goldschmidt expressed concern that the GmbH would replace 'principally more solid forms of company'. However, this criticism did not prevent the company form of the GmbH from being adopted in numerous European countries, or at least seriously considering its reception.

Teaser The path of the GmbH to becoming Europe's most important corporate form...

This report brings into light an emerging framework, with a new territorial unit for local initiative in the Czech Republic: the micro-region. It investigates the issues at stake in the development of these voluntary entities, that can be ...

This liber amicorum celebrates the sixtieth birthday of Thomas Baumlr and Robert Karrer, who set up their international law practice more than 28 years ago. Contributions in the book are from outstanding practitioners and scholars in the field of international law, many of whom are experienced authors. The liber amicorum comprises sixteen articles on topics ranging from business law to arbitration and from a global perspective.

Divided into two sections, this survey examines the Merger Directive and the Parent-Subsidiary Directive. The implementation of the directives is covered country-by-country. Each situation is applied to each country and is then analysed in detail, giving a complete picture of all permutations. Each country chapter concludes with a summary of all aspects of national law which could be in conflict with the Directives. Includes the 12 "older" EU countries.