Horst Eidenmüller – författare

Since the financial crisis, the field of banking regulation has seen an unprecedented wave of regulatory reform throughout the world. In Europe, the focus is on the creation of a Eurozone Banking Union which consists of three major components: a single bank supervisory mechanism, a common bank crisis management and resolution system, and a uniform system of deposit insurance.Those efforts have been supported by rules on the corporate governance of banks, especially on executive compensation, by a structural reform of the financial derivatives market and through other regulatory acts. This regulatory tsunami raises a number of questions: Why do banks need special regulation besides their obvious systematic importance for the financial system? How effective will the European single bank supervisory mechanism be? Does the common bank crisis management and resolution system successfully tackle the moral hazard problem of running a bank that is 'too big to fall'? Do the new rules on executive compensation mitigate this problem? How much safer will deposits be after the reformed system of financial deposits, and what are the costs?

The closed corporation is the most important economic form of business organization worldwide; however, it is often neglected in international academic legal discussions. The new special edition of the ZGR (Zeitschrift für Unternehmens- und Gesellschaftsrecht) attempts to fill this gap in research. The examination systematically addresses the typical areas of conflict with regard to a closed corporation. In do so, legally-based comparative experience and findings from business economics are applied, while the European private company is consistently taken into account.

The renowned authors of this ECFR special volume systematically develop legal standards and regulatory frameworks for closed corporations in Europe (including of course the Societas Privata Europaea), putting a strong focus on the economic practice and efficiency. The profound, in-depth analysis of the objectives and strategies comes to groundbreaking insights and also offers specific solutions for a multitude of practical aspects.

The renowned authors of this ECFR special volume systematically develop legal standards and regulatory frameworks for closed corporations in Europe (including of course the Societas Privata Europaea), putting a strong focus on the economic practice and efficiency. The profound, in-depth analysis of the objectives and strategies comes to groundbreaking insights and also offers specific solutions for a multitude of practical aspects.

Die gehaltenen Vorträge und Diskussionen behandeln Themen der Bankpraxis bei Kreditzinsanpassung und der Umsetzung von Basel II gegenüber dem Kunden. Weiterhin enthalten sind Beiträge zur Rechtsprechung des Bundesgerichtshofes zu Bürgschaften und Garantien, zur anfänglichen und nachträglichen Übersicherung bei Kreditsicherheiten und zu den internationalen Entwicklungen im Recht der Kreditsicherheiten.

This volume contains the reports and discussions presented at the conference "The Future of Secured Credit in Europe" in Munich from July 12th to July 14th, 2007. It aims at taking the debate to a new stage by exploring the need and possible avenues for creating a European law of security interests. The first part examines – from an economic and a community law perspective – the case for European lawmaking on secured credit and the legislative approach to be taken. The intention in the second and third part is to look in more detail at the choices European lawmakers will have to make in devising a European law of secured credit. The second part focuses on secured transactions involving corporeal movables (tangibles), whereas the third part considers categories of collateral that may require special rules.

Ziel des Vortrages ist es, den Stellenwert des deutschen Insolvenzrechts als Instrument zur Bewältigung der Finanz- und Wirtschaftskrise kritisch zu evaluieren und ggf. sinnvolle Reformvorschläge zu entwickeln. Nach einer Darstellung der ökonomischen und juristischen Ausgangslage, vor deren Hintergrund die bereits getroffenen oder geplanten Maßnahmen zur Bewältigung der Krise gesehen und bewertet werden müssen, schließen sich Überlegungen zu den Zielen und Mitteln einer Reformpolitik an. Im Zentrum des Vortrages stehen sodann außergerichtliche (vorinsolvenzrechtliche) Sanierungen, die Insolvenzordnung als Sanierungsinstrument sowie schließlich die Frage, ob es ein Sondergesetz zur Sanierung systemrelevanter Finanzinstitutionen geben sollte. Abschließend werden die wichtigsten Ergebnisse zusammengefasst.

["Current developments in the law on lending securities - on an international and national level. Internal and external rating"]The covered lectures and discussions treat issues of the practices of banks upon the adaptation of lending rates and the implementation of the "Basel II" rating method concerning the customer. In addition, it includes articles on the jurisdiction of the Federal tribunal on securities and guarantees, on initial and subsequent excessive safety of lending securities and on the international developments of the law on lending securities.

This volume contains the reports and discussions presented at the conference "The Future of Secured Credit in Europe" in Munich from July 12th to July 14th, 2007. It aims at taking the debate to a new stage by exploring the need and possible avenues for creating a European law of security interests. The first part examines – from an economic and a community law perspective – the case for European lawmaking on secured credit and the legislative approach to be taken. The intention in the second and third part is to look in more detail at the choices European lawmakers will have to make in devising a European law of secured credit. The second part focuses on secured transactions involving corporeal movables (tangibles), whereas the third part considers categories of collateral that may require special rules.

This book presents important contributions to the current debate on creditor protection in European company law.Reform of the European rules on creditor protection in company law is imminent. Academic work on both sides of the Atlantic shows a tendency that traditional mandatory rules should give way to individual solutions which are freely negotiated between creditors and corporate debtors. Recent judgments by the European Court of Justice have spurred regulatory competition between Member States and the incumbent system is being challenged by the Europe-wide introduction of the International Accounting Standards/International Financial Reporting Standards. Last but not least, the European Insolvency Regulation poses the question how company law and insolvency law shall be realigned in the future.Contributors to this book, which is based on the results of a symposium held in Munich in December 2005, include scholars who are currently working on reform projects in various Member States, leading experts in company law, insolvency law, accounting law, and economics. The manifold thoughts presented by these outstanding authors provide the reader with important insights and will not fail to inform and influence the current policy debate. As such, the book is an indispensable tool for all players in the field.Prof. Dr. Horst Eidenmüller is Professor of Private Law, German, European and International Company Law and Director of the Institute for International Law, Ludwig Maximilian University, Munich, Germany.Prof. Dr. Wolfgang Schön is Director of the Max Planck Institute for Intellectual Property, Competition and Tax Law, Department of Accounting and Taxation, in Munich and Honorary Professor at the Ludwig Maximilian University, Munich, Germany.

Als die Europäische Kommission den CFR-Prozess initiierte, zielte sie damit insbesondere auf eine Revision des acquis communautaire im Bereich des Verbrauchervertragsrechts. Eine solche Revision hat jedoch bis heute nicht stattgefunden, weder in den Acquis Principles und dem DCFR noch im Vorschlag einer Verbraucherrechte-Richtlinie. Die Autoren des vorliegenden Bandes bemühen sich darum, dieses Defizit durch eine Analyse der Kernfragen zu beheben, die sich in diesem Zusammenhang stellen: Reichweite und Wirkung von zwingendem Recht, Kontrolle von Allgemeinen Geschäftsbedingungen, Widerrufsrechte, Rückabwicklung nach Widerruf, Informationspflichten. Dabei ist ihr Anliegen ein genuin rechtswissenschaftliches. Es geht um nachvollziehbare Begründungen, funktionale Adäquanz und Wertungskohärenz und um die Frage, wie Regeln formuliert sein sollten, um bestimmte rechtspolitische Ziele zu erreichen.

Aus Rezensionen zu früheren Auflagen:"Es handelt sich um eine ganz außergewöhnlich sachkundige und gründliche Arbeit, die noch dazu so souverän und elegant geschrieben ist, daß es eine Freude macht, sie zu lesen. Selbst komplizierte Sachverhalte und Zusammenhänge werden einfach und unprätentiös dargestellt, ohne daß Gedankenklarheit und Präzision verlorengehen."Hein Kötz/Hans-Bernd Schäfer in Rechtstheorie 1 (1999) Band 30, S. 130-136"Dank seiner interdisziplinären Kenntnisse und seiner Einsichten in die US-amerikanische Rechtsprechung und Rechtswissenschaft […], gelingt Eidenmüller eine übersichtliche, gründlich belegte, anregend geschriebene Einführung in die Effizienz als Kriterium von Gesetzgebung und Rechtsprechung."Ulrich Karpen in Zeitschrift für Gesetzgebung 12./1 (1998), S. 99-100"Bei der Arbeit von Eidenmüller […] handelt es sich um eine außergewöhnliche Leistung. Die Arbeit besticht durch die Logik des Aufbaus, durch die Klarheit und die Gründlichkeit der Argumentation sowie die Ausgewogenheit des Urteils. […] Die Arbeit stellt ohne Zweifel einen wichtigen Beitrag zu den Grundlagen der ökonomischen Analyse des Rechts in Deutschland dar."Dieter Schmidtchen in Jahrbücher für Nationalökonomie und Statistik 1998, Band 217/2, S. 251-265