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Cornering cases are well documented in commodities and securities markets. The German and European Legislator is seeking to combat them through strict rules on market manipulation. However, cornering can also violate competition law, in particular the ban on abuse of dominant position. This...
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Legal comparativists know only too well how hard it is to break into a foreign jurisdiction. Much of what seems completely obvious to local jurists, remains shrouded in mystery for the external observer. This is particularly the case when dealing with circumstances not covered in a standard...
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The appraisal remedy provides an elegant and effective instrument for minority protection in situations of fundamental changes. Its effectiveness depends however on the “right to exit at a fair price”. Determining a fair price has given rise to legal questions of business valuation. This...
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