englischClose-out netting is a key risk management technique for financial market players whose privileged status under insolvency law, the markets for over-the-counter derivatives and securities financing transactions would not be possible in their current form.

Over time, the European legislator [...]

englischEuropean takeover law is an ongoing controversy. Today, there are fundamental reasons to discuss a reform of the Takeover Directive adopted in 2004. These include new legal facts (shareholder composition, increasing importance of passive funds, activist shareholders and proxy advisors, [...]

englischRaising the question of Ad hoc disclosure according to Art. 17 MAR and Related Party Transactions according to the German Act Implementing the SRD 2017 (ARUG II), the thesis combines two regulatory regimes that minimize unjustified (information) advantages to the detriment of third parties. [...]

englischDue to the implementation of the 4th EU Money Laundering Directive, numerous companies and legal arrangements have to report their beneficial owners to the German transparency register. In this context, the book analyses the concept of beneficial ownership against the background of [...]

englischAntitrust leniency programmes expect applicants to not disclose the fact of cooperating with the authorities. This may cause problems for companies if, as issuers on the capital market, they are obliged to publish insider information as soon as possible (Art. 17 MAR). Ultimately offering a [...]

englischFor transnational mergers of listed corporations, the merger of equals procedure is chosen frequently.

This thesis comprehensively deals with the delimitation of the competences of the board of directors and the general meeting of a listed stock corporation in the case of the merger of [...]

englischThe thesis examines and explains the scope of the withdrawal rights of the OHG (general partnership) shareholders under Section 122 (1) HGB (Commercial Code) in the company's corporate crisis. In addition, the questions are dealt with in depth for the first time in a systematic context, [...]

englischIn German stock corporation law, non-binding resolutions of the general meeting as one of the participation instruments for shareholders have so far mainly been summarized or analyzed under the heading of management board remuneration. The purpose of this thesis is, however, to analyze these [...]

englischA problem that has so far remained unsolved in stock corporation law is the question of the legal nature of the founder´s liability under § 46 of the German Stock Corporation Act (AktG), with which the work deals. First of all, the views on the classification of the forunder´s liability as [...]

englischA sharp rise in the extraterritorial regulation of business activity is leading to a situation in which board members of stock corporations are increasingly exposed to international conflicts of norms. The question as to the rules according to which these conflicts should be resolved has [...]