Optionales europäisches Privatrecht (»28. Modell«) (The Optional Instrument in European Private Law (“28th Regime”))

Rabel Journal of Comparative and International Private Law (RabelsZ), Vol. 76, No. 2, pp. 235-252, April 2012

DOI: 10.1628/003372512800133453

Max Planck Private Law Research Paper No. 12/5

19 Pages Posted: 17 Feb 2012 Last revised: 11 Apr 2013

See all articles by Holger Fleischer

Holger Fleischer

Max Planck Institute for Comparative and International Private Law

Date Written: January 1, 2012

Abstract

This paper explores the “optional instrument” as a regulatory tool in European private law. The term “optional instrument” or “28th Regime” refers to supranational corporate forms, legal titles or legal instruments which provide an alternative model for doing business throughout the European Union while leaving national laws untouched. After distinguishing different modes of optional law, the paper provides an overview of optional instruments that already exist or are proposed in European company law, intellectual property law, insurance contract law and sales law. It then identifies common features and problems of the 28th Regime, from its appropriate legal basis and the need for an optional instrument to its scope of application, its interface with national law and its relationship to private international law. Finally, the paper addresses the under-researched question of vertical regulatory competition triggered by optional instruments in European private law.

This article is published in this Research Paper Series with the permission of the rights owner, Mohr Siebeck. Full-text Rabel Journal articles are available via pay-per-view or subscription at IngentaConnect, a provider of digital journals on the Internet.

Note: Downloadable document is in German.

Keywords: European Private Law, Optional Instrument, 28th Regime, optional law, European Company Law, European Intellectual Property Law, European Insurance Contract Law

Suggested Citation

Fleischer, Holger, Optionales europäisches Privatrecht (»28. Modell«) (The Optional Instrument in European Private Law (“28th Regime”)) (January 1, 2012). Rabel Journal of Comparative and International Private Law (RabelsZ), Vol. 76, No. 2, pp. 235-252, April 2012; DOI: 10.1628/003372512800133453; Max Planck Private Law Research Paper No. 12/5. Available at SSRN: https://ssrn.com/abstract=2000110

Holger Fleischer (Contact Author)

Max Planck Institute for Comparative and International Private Law ( email )

Mittelweg 187
Hamburg, 20148
Germany

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