German capital market law has been developing rapidly in response to the grievances that have arisen from the recent stock market boom. Both the German and the European legislator have been very active in response the new challenges. This paper seeks to provide an overview of the status of...

This paper is the national report for Germany prepared for the to the 20th General Congress of the International Academy of Comparative Law 2018 and gives an overview of the regulation of crowdfunding in Germany and the typical design of crowdfunding campaigns under this legal framework. After a...

Cryptocurrencies such as Bitcoin and Ether are perhaps the most dazzling phenomena of current capital market activity. The boom at the end of 2017 was followed by a spectacular crash soon after. Nonetheless, the total capitalization of cryptocurrencies is more than $ 200 billion. Regulators...

Corporate Governance has developed immensely in the last decades mainly due to the negative effects on shareholders's of management decisions leading to a continuous conflict to be solved by the policymakers and academics. After the publication of the Cadbury Report, we noticed an increase...

This article deals with the latest developments in the regulation of cross-border tender offers in the U.S., in Germany, and in the European Union. In the U.S. the SEC issued a new release concerning Cross-Border Tender and Exchange Offers, Business Combinations and Rights Offerings. The new...