The limited liability company (GmbH) was created by the German legislature in 1892 as a company form without any historical forerunners or suggestions from comparative law. It brought about a readjustment of the relationship between the chance of profit and the liability risk. However, criticism from the jurisprudence that had not been included in the quick legislative process was also heard from the start. As early as 1892, Levin Goldschmidt expressed concern that the GmbH would replace 'principally more solid forms of company'. However, this criticism did not prevent the company form of the GmbH from being adopted in numerous European countries, or at least seriously considering its reception.
Kom i gang med denne bog i dag for 0 kr.
- Få fuld adgang til alle bøger i appen i prøveperioden
- Ingen forpligtelser, opsiges når som helst
Serie:
Bind 6 i Legal Area StudiesSprog:
engelsk
Format:
Commercial Law in Southeastern Europe : Legislation and Jurisdiction from Tanzimat Times until the Eve of the Great War
Pandemic Poland : Impacts of Covid-19 on Polish Law
Fair taxes or budget revenues at any price? : Polish tax law in the post-BEPS era
History of Law in Albania : Bibliography of Legal Research