Virtual worlds have seized the imaginations of millions of people who now live, work, and play together in these new environments. But all is not well. These online communities are ruled nearly exclusively by contract law, through end-user license agreements, terms of service, and codes of...

Die vorliegende Arbeit behandelt Unternehmensübernahmen in Deutschland und die Ende 2001 verabschiedete gesetzliche Neuregelung von Übernahmen von börsennotierten Aktiengesellschaften.

The paper describes the legal and economic environment of mergers and acquisitions in Germany and explores barriers to obtaining and executing corporate control. Various cases are used to demonstrate that resistance by different stakeholders including minority shareholders, organized labour and...