In the Spotlight

Legislation in the field of company law arrived on the scene only at a relatively late stage. For centuries, it was articles of incorporation and contracts which ensured that the rules essential to the existence of a company were set out in a binding manner. From accounting and non-competition clauses to the structuring of management and supervisory bodies, these instruments served as models for the later creation of statutory rules. more

Allowing all people to live in dignity while at the same time protecting our natural environment is one of the globe’s greatest challenges. This aim is expressed in the 17 Sustainable Development Goals set out in the United Nations’ 2030 Agenda. The law stands as an important vehicle for their implementation. In cooperation with Veronica Ruiz Abou-Nigm and Hans van Loon, Institute Director Ralf Michaels has launched a research project that examines the role of private international law in realizing the UN goals. more

Researchers from all over the world come to Hamburg to use the unique law library at the Max Planck Institute for Comparative and International Private Law. It has been a source of knowledge and inspiration for countless writings, among them many dissertations and professorship-qualifying monographs. As a reference library, it’s also a place for scholars to meet and discuss their work. more

A business philosophy in search of new legal solutions: Do modern firms need a fundamental purpose that extends beyond pure profit making? Today, many corporate boards in Germany and abroad are embracing the so-called corporate purpose concept. Advocated by leading management scholars, the approach serves to convey the raison d’être and inner drive of an enterprise. A fundamental reorientation of entrepreneurial activity appears to be emerging. more

Consciously or unconsciously, our modern world has been shaped against the backdrop of coloniality, with the result that coloniality serves as a dark flipside of modernity. Identifying and overcoming its implications has become a basic postulate in many academic disciplines. A long-term project of Institute Director Ralf Michaels looks to take similar steps in the field of comparative law. more

Public welfare obligations of companies, the effects of the digital revolution on private law, forest investments in Latin America: the research projects of female scholars at the Max Planck Institute for Comparative and International Private Law cover a wide range of topics. On the occasion of International Women's Day, eight researchers describe the projects that are particularly close to their hearts. more

COVID-19 affected all aspects of life in 2020. Legislation enacted as a result of the pandemic encroaches on the personal lives of all people and poses wholly new challenges to authorities, organizations and commercial enterprises. What does this mean for the legal relationships governed by private law? What answers can international comparative law provide? What role does foundational legal research play in devising new solutions? more

Globalisation, the European Single Market and migration unmistakeably shape the legal relations between individuals and businesses in today’s Europe. With the increasing international interdependence of private and professional matters, the number of cross-border legal disputes heard by German judges is also growing. The frequent application of foreign law by German judges is indeed an occurrence which those outside legal circles are often unaware of. Yet where do judges secure the necessary knowledge about the 200 different legal systems found around the world? more

In 2017, the Law to Combat Child Marriage came into force in Germany, preventing minors in Germany from entering into a marriage and rendering without effect marriages concluded by minors abroad. This law is now being subject to constitutional scrutiny. A team of academics led by Nadjma Yassari and Ralf Michaels has authored a comparative assessment for the Federal Constitutional Court (BVerfG) that examines the phenomenon of early marriage in the context of various legal systems and cultures. more

The coronavirus affects not only the human organism – it also radically impacts economic processes. The COVID-19 crisis, described as a “natural disaster in slow motion”, has affected all areas of economic life and therefore poses major challenges in a number of legal areas. In the realm of contract law, there is an ongoing and intense dispute as to whether commercial tenants are entitled to make reduced payments to their landlords as a result of foregone revenue. more