Diese Festschrift ist dem GAttinger Ordinarius fA1/4r Zivil-, Handels- und Prozessrecht gewidmet.

Das Buch setzt sich mit der Verbriefung von Darlehensforderungen in Gestalt forderungsbesicherter Wertpapiere auseinander und legt den Schwerpunkt auf die damit einhergehenden Risiken des Anlegers. Der Verbriefungsvorgang wird allgemein dargestellt und anhand einer Beispielstransaktion nach deutschem Recht eingeordnet. Moegliche Risiken werden untergliedert in allgemeine, objekt-, struktur-, personen-, umfeld- und bewertungsbedingte Risiken sowie nach Durchsetzungsrisiken und unter Berucksichtigung von Wechselwirkungen eingehend beleuchtet. Zur Klarung etwaiger Schadensersatzanspruche werden die Risiken im Rahmen vorvertraglicher Aufklarungspflichten, der Vermoegensverwaltung, Vermoegensbetreuung, Anlageberatung und Anlagevermittlung sowie der Prospekthaftung differenziert auf ihre Aufklarungspflichtigkeit hin untersucht. Weitergehend werden in Betracht kommende Kundigungsrechte des Anlegers bei Risikorealisierung untersucht, wobei sich die Arbeit intensiv mit der Anwendbarkeit der 313, 314 und 490 Abs. 1 BGB auf Inhaberschuldverschreibungen beschaftigt.

Written by practitioners for practitioners, this definitive handbook covers all of the main aspects of costs and funding issues encountered in the Scottish Civil Courts. It covers the routes to funding, when expenses may be sought, the court's powers in awarding expenses and provides detail on issues including Success Fee Agreements, Qualified One Way Cost Shifting, Pre-Action Protocols, Pursuers' Offers and Tenders, party Litigants, Amendment, Abandonment, Caution and Simple Procedure. It brings together all of the key legislation, court rules and judgments to provide a user-friendly and quick-reference guide to expenses law and practice.

This collection features essays by leading experts in European public law on the most significant single initiative in European integration of the past decade. After introductory essays on the legal and economic foundations and political context of the Euro,the book concentrates on the articulation of Monetary Union with other aspects of the legal and political order of the EU. The constitutional status of the institutions of Monetary Union is assessed, as is the relationship between Monetary Union and the broader administrative structure and social objectives of the EU. A final essay considers the implications of the Euro for the cohesiveness of the European legal order in the early years of the next century. This highly topical book is the first of its kind, seeking to address in a comprehensive manner the relationship between the single currency and the European legal order. Contributors: Paul Beaumont, Neil Walker (eds), Alistair Darling, John Usher, Andrew Scott, Ian Harden, Paul Craig, Joanne Scott (Stephen Vousden - co-author), Michelle Everson.

Innovative initiatives for online arbitration are needed to aid in resolving cross-border commercial and consumer disputes in the EU, UK, US and China. This book provides a comparative study of online dispute resolution (ODR) systems and a model of best practices, taking into consideration the features and characteristics of various practical experiences/examples of ODR services and technological development for ODR systems and platforms. The book begins with a theoretical approach, looking into the challenges in the use of online arbitration in commercial transactions and analysing the potential adoption of technology-assisted arbitration (e.g. Basic ODR systems and Intelligent/Advanced ODR systems) in resolving certain types of international commercial and consumer disputes. It then investigates the legal obstacles to adopting ODR by examining the compatibility of technology with current legislation and regulatory development. Finally, it suggests appropriate legal and technological measures to promote the recognition of ODR, in particular online arbitration, for cross-border commercial and consumer disputes. By exploring both the theoretical framework and the practical considerations of online arbitration, this book will be a vital reference for lawyers, policy-makers, government officials, industry professionals and academics who are involved with online arbitration.

Diese Festschrift wA1/4rdigt die hervorragenden Verdienste des Jubilars um das deutsche Recht und die deutsche ProzeArechtswissenschaft. Die Festschrift erscheint in Deutschland; neben deutschen haben sich auch japanische, Asterreichische, griechische, ungarische und Schweizer Wissenschaftler beteiligt.

Freedom of contract is a great strength of English law: indeed it is a key reason why English law is often the law of choice. But the terms of commercial contracts often restrict freedom of action. This book considers such terms. Leading commentators take stock of recent developments such as increased reliance on good faith/discretion and the rise of smart contracts. Insodoing, they make original contributions to ongoing debates concerning the limits to parties' freedom of contract. This important subject will interest drafters of commercial contracts keen to ensure that contracts are clear and enforceable; litigators disputing the meaning, scope and validity of terms; and academics interested in the purpose and nature of the exercises involved.

How we understand what procedure is due as a fundamental or constitutional right can have a critical impact on designing a civil procedure. Drawing on comparative law and empirically oriented methodologies, in this book the author provides a thorough analysis of how procedural due process is understood both in national jurisdictions and in the field of international human rights law. The book offers a suitable due process theory for civil matters in general, assessing the different roles that this basic international human right plays in comparison with criminal justice. In this regard, it argues that the civil justice conception of due process has grown under the shadow of criminal justice for too long. Moreover, the theory answers the question of what the basic requirements are concerning the right to a fair trial on civil matters, i.e., the question of what we can and cannot sacrifice when designing a civil procedure that correctly distributes the risk of moral harm while remaining accessible to people with complex and simple legal needs, in order to reconcile the requirements of procedural fairness with social demands for justice. This book makes a valuable contribution to the field of civil justice, legal design, and access to justice by providing an empirically based normative theory regarding the right to a fair trial. As such, it will be of interest to a broad audience: policymakers, practitioners and judges, but also researchers and scholars interested in theoretical questions in jurisprudence, and those familiar with empirical legal studies, comparative law, and other socio-legal studies.