Commercial Law in Southeastern Europe
Commercial Law in Southeastern Europe

Author: Martin Löhnig

Publisher: Böhlau Wien

Published: 2022-04-11

Total Pages: 135

ISBN-13: 3205212924

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In late Ottoman South-Eastern Europe, traditional Ottoman law, court systems and court personnel on the one hand, and ultra-modern French and German/Austrian law on the other, clashed. Thus, more than ever before, this region lay on the "tectonic boundary" of several legal continental shelves. This location makes South Eastern Europe a laboratory in which elements from different legal cultures coexist, mutually influence each other and merge with each other: A legal space characterised by plurality and hybridity, which due to these characteristics ultimately appears more modern than the - at least supposedly - homogeneous legal areas on the individual legal continental shelves.

Reception of the 'Limited liability company (GmbH)'
Reception of the 'Limited liability company (GmbH)'

Author: Martin Löhnig

Publisher: Böhlau Wien

Published: 2023-12-04

Total Pages: 285

ISBN-13: 3205218876

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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.