The reception of US American corporate law in Germany

A research project at the Max Planck Institute for Comparative and International Private Law analyzed why and how US American corporate law is received in Germany. In a historical perspective the researcher pointed out the functional interdependence between those points in which German lawmakers decided to follow a different course than that prevailing in the US, i.e. stock exchange regulation, antitrust, supervision of capital markets, labour codetermination and conflict of corporate laws. Finally, he delved into the specific problems of interpreting and applying corporate law that has been transplanted from a US American context.