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European Company Law: Comments and Meta-comments on Centros

Published online by Cambridge University Press:  06 March 2019

Barbara Trefil

Extract

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Halbhuber's project started out as a treatise on the policies of European company law (3), but eventually became an analysis of the German academic discussion of European company law. Halbhuber puts the case that German lawyers, entangled in the structures of their national private law doctrine, widely misinterpreted the judgments of the ECJ in Segers (4), Daily Mail (5) and Centros, thus dissuading agents from using foreign (e.g. English or Irish) private limited companies for their business activities in Germany.

Type
Research Article
Information
German Law Journal , Volume 2 , Issue 18 , 2001 , E3
Copyright
Copyright © 2001 by German Law Journal GbR 

References

(1) Case C-212/97, Centros Ltd. v. Erhvervs-og Selskabsstyrelsen, [1999] ECR I-1459; available in full text on the Homepage of the ECJ at http://www.curia.eu.int Google Scholar

(2) Halbhuber, Harald, Limited Company statt GmbH? Europarechtlicher Rahmen und deutscher Widerstand – Ein Beitrag zur Auslegung von Art. 48 EG und zum Europäischen Gesellschaftsrecht (Baden-Baden: Nomos Verlagsgesellschaft 2001)Google Scholar

(3) Halbhuber, ibid., 7.Google Scholar

(4) Case 79/85, Segers, [1986] ECR 2375Google Scholar

(5) Case 81/87, The Queen v. H.M. Treasury and Commissioners of Inland Revenue, ex parte Daily Mail and General Trust plc., [1988] ECR 5483Google Scholar

(6) MünchKommBGB – Kindler, IntGesR, RdNr. 264 (p. 88 f.) with further referencesGoogle Scholar

(7) Among others, Halbhuber quotes Ebenroth/Eyles, DB 1989, 363 f. and 413 f.; Groβfeld/Luttermann, JZ 1989, 384 f.; Knobbe-Keuk, ZHR 154 (1990), 325 f.; Sandrock/Austmann, RIW 1989, 249 f.Google Scholar

(8) Wymeersch, Centros: A landmark decision in European Company Law, Festschrift für Otto Sandrock zum 70. Geburtstag (2000)Google Scholar

(9) Halbhuber, supra note 2, 61 comments on the following two decisions: OGH decisions of 15 July 1999, cases 6 Ob 123/99b and 6 Ob 124/99z. Another decision was rendered on 11 November 1999, case 6 Ob 122/99f. These decisions are available in full text at http://www.ris.bka.gv.at/jus.Google Scholar

(10) For references see Halbhuber, supra note 2, 61 and 62Google Scholar

(11) For references to the Court's case law regarding the Court's blindness towards national doctrine classifications see Halbhuber, ibid., 63 and 64Google Scholar

(12) Halbhuber, ibid, 69 f.Google Scholar

(13) Halbhuber, ibid, 65 f.Google Scholar

(14) Segers is quoted by the ECJ in Centros as a relevant prior decision.Google Scholar

(15) For references to Dutch literature see Halbhuber, supra note 2, 84Google Scholar

(16) Kieninger, ZGR 1999, 724 f.Google Scholar

(17) Among others, Halbhuber quotes Kieninger, ZGR 1999, 724 f.; Bachner/Winner, GesRZ 2000, 73 f.; Freitag, EuZW 1999, 267 f.; Korn/Thaler, WBl 1999, 247 f.Google Scholar

(18) For an excellent survey on this see Deakin, Regulatory Competition versus Harmonisation in European Company Law, ESRC Centre for Business Research, University of Cambridge Working Paper No. 163 (March 2000)Google Scholar

(19) Case 2/74, Reyners v. Belgium, [1974] ECR 631Google Scholar

(20) Armour, Share Capital and Creditor Protection: Efficient Rules for a Modern Company Law?, ESRC Centre for Business Research, University of Cambridge Working Paper No. 148 (December 1999)Google Scholar

(21) Hansen, From C 212 to L 212 – Centros Revisited, EBOR 2 (2001) 141 f.; Werlauff, The Main Seat Criterion in a New Disguise – An Acceptable Version of the Classic Main Seat Criterion?, EBLR 2001, 2 f.Google Scholar

(22) Halbhuber, supra note 2, 230Google Scholar

(23) Merkt, Das Europäische Gesellschaftsrecht und die Idee des “Wettbewerbs der Gesetzgeber”, RabelsZ 59 (1995), 545Google Scholar

(24) Carney, The Political Economy of Competition for Corporate Charters, 26 Journal of Legal Studies (1997), 303Google Scholar

(25) Halbhuber, supra note 2, 179 and 219. On p. 179 Halbhuber states that the influence of creditor banks on the management of German industrial undertakings is generally recognized.Google Scholar

(26) Ibid, 216Google Scholar

(27) Gadamer, Gesammelte Werke, Band 1: Hermeneutik I: Wahrheit und Methode, 6. Auflage (Tübingen 1990, 1999)Google Scholar

(28) Halbhuber, supra note 2, 227 quoting Caruso, The Missing View of the Cathedral: The Private Law Paradigm of European Legal Integration, (1997) 3 European Law Journal 3Google Scholar