All the countries abutting on the Red Sea and on the Gulf of Aden as well as the East African coast will gain in economic, political, and strategic importance as soon as the Suez Canal is reopened to shipping. The present article discusses the situation in an important subregion of this area,...

In den Assoziierungsabkommen mit der CSFR, Polen und Ungarn bietet die Europäische Gemeinschaft weit mehr Marktöffnung, technische Kooperation und ordnungspolitische Orientierungshilfe an als bisher in allen bilateralen Handels- und Kooperationsabkommen mit Drittländern. Die Abkommen können...

The debate on the privatization of enterprises in Eastern Europe often presumes that enterprises are still controlled by an identifiable entity called "the state". This, however, is no longer the case. Since the demise of tight central planning, the nominally state-owned enterprises are de facto...

In this article, I deal with the apparent conflict between certain provisions of the Second Company Law Directive, in particular its Article 25 regulating increases of the share capital of European joint-stock companies, and basic logic of non-liquidation insolvency proceedings, usually referred...