Law

Climate change litigation presents courts with the challenge of assessing states' human rights obligations for future generations. Alena Diepold examines whether European human rights law is a suitable tool for answering questions of sustainability and whether member states are prepared to do so.

Carve-out transactions structured as spin-offs under the German Transformation Act are gaining strategic importance but are subject to a complex liability regime that may significantly constrain their practical use. Melina Maren Grauschopf examines the extent to which this framework affects the suitability of spin-offs as structuring tools, explores ways to mitigate the resulting burdens, and proposes reforms aimed at balancing creditor protection with the interests of carve-out participants and the need for transactional flexibility.

How can the Common Foreign and Security Policy of the EU be reformed in the face of member state sovereignty? Jan Christoph Beutler answers this question by first analysing the chequered term of sovereignty and placing it in the context of integration.

The monetary and economic reform of June 1948 is considered the birth of the social market economy in Germany. Melvin John examines the history of ideas that led to the liberalisation of consumer goods prices at that time, probing in particular the theoretical works of Ludwig Erhard.