The book “Economic Methods for Lawyers” (Edward Elgar Publishing Limited) has been published in November 2015. In this book, which was edited by Emanuel V. Towfigh and Niels Petersen, I composed the chapter about „Contract Theory and Economics of Contract Law“.
As to the purpose and aim concept of ...
In May 2014 my post-doctoral thesis („Habilitation“) entitled „The Limits of Self-Commitment in Private Law – Legal Paternalism and Behavioural Economics in Family Law, Corporate Law and Consumer Law“ has been published (in German).
In spite of its liberal stance, German private law has numerous re...
The question of whether and when expulsion and valuation clauses in partnership agreements or the articles of close corporations are valid has occupiedGermancourts as well as legal scholars formanydecades. While the courts nowaday stake a rather restrictive stance on the validity and enforceability ...
The European Commission has recently released a Proposal for a Regulation on market abuse, to increase investor confidence and market integrity in European capital markets law. One of its most innovative elements involves allowing Member States to provide finfancial incentives to whistleblowers who ...
The reform of the Transparency Directive is presently on the political agenda, with one of the key questions focussing on the level of harmonisation: Should the current minimum harmonisation be retained or is a move towards full harmonisation advisable? After confirming legal competence for the full...
In its Action Plan "Modernising Company Law and Enhancing Corporate Governance in the European Union - A Plan to Move Forward" of 2003, the European Commission proposed a mandatory disclosure of institutional investors' voting behaviour with regard to their portfolio companies as a medium-term measu...