Gregor Bachmann

The EU Market Abuse Directive came into effect on 2 July 2014. In addition to the ban on market abuse that gives the directive its name, it includes a ban on insider trading in European capital markets. In critical respects, key provisions of earlier ECJ rulings were adopted when formulating the Directive, and thus represent a major element of the new European insider trading law.

The renowned authors of this ECFR special volume systematically develop legal standards and regulatory frameworks for closed corporations in Europe (including of course the Societas Privata Europaea), putting a strong focus on the economic practice and efficiency. The profound, in-depth analysis of the objectives and strategies comes to groundbreaking insights and also offers specific solutions for a multitude of practical aspects.

The closed corporation is the most important economic form of business organization worldwide; however, it is often neglected in international academic legal discussions. The new special edition of the ZGR (Zeitschrift f r Unternehmens- und Gesellschaftsrecht) attempts to fill this gap in research. The examination systematically addresses the typical areas of conflict with regard to a closed corporation. In do so, legally-based comparative experience and findings from business economics are applied, while the European private company is consistently taken into account.