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Austria – the Reform of Commercial Law
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Daphne Beig
Published/Copyright:
August 22, 2007
Abstract
The recent reform of Austrian commercial law redefined the scope of applicability of commercial law. Commercial law, which formerly had been restricted to merchants, now addresses all business enterprises. The Austrian “Commercial Code” (Handelsgesetzbuch, HGB) has thus been renamed the “Business Enterprise Code” (Unternehmensgesetzbuch, UGB). Moreover, the reform amended several provisions of contract law in order to harmonise commercial law, general civil law and consumer law. The following article reports on this development.
Published Online: 2007-08-22
Published in Print: 2007-06-19
© Walter de Gruyter
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Articles in the same Issue
- Regulating Breach of Contract – The Right to Reject Performance by the Party in Breach
- Mortgage credit contracts and the Green Paper on Mortgage Credit – Controls on Transparency and Fairness
- Case: ECJ – Manfredi v Lloyd Adriatico
- Case: ECJ – QDQ Media
- European Community Legislation and Actions
- No sense of purpose or direction? The modernisation of European Consumer Law
- Austria – the Reform of Commercial Law
- Books Received and Book Reviews
