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Description - Property in Securities by Eva Micheler

Micheler analyses the German, Austrian and English law of securities, addressing the rules governing transfers of securities, including unauthorised transfers, equities arising out of defective issues, and the holding of securities through intermediaries. The book presents an account of the current English, German and Austrian regimes. It has been written with a view to explaining the German and Austrian regime to readers with a common law background and to explaining the English regime to readers with a civil law background. Micheler also aims to determine whether globalisation will cause the two different approaches to converge. It concludes that the respective rules in all three jurisdictions have historically evolved consistently with incumbent legal doctrine. This pattern of change is likely to continue. Convergence will occur on a functional rather than doctrinal level. Moreover, recent reform initiatives advanced by the UNIDROIT and the EU will lead to functional rather than doctrinal convergence.

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Book Details

ISBN: 9780521832656
ISBN-10: 0521832659
Format: Hardback
(228mm x 152mm x 25mm)
Pages: 284
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 28-Jun-2007
Country of Publication: United Kingdom

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Author Biography - Eva Micheler

Senior Lecturer at the London School of Economics and a Universitatsprofessor at the University of Economics in Vienna.

Books By Eva Micheler

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