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Views and News in Private International Law
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Schünemann on Company Names in Cross-Border Transactions

ven, 03/18/2016 - 11:02

Julia Alma Schünemann has authored a book entitled “Die Firma im internationalen Rechtsverkehr. Zum Kollisionsrecht der Firma unter besonderer Berücksichtigung des Rechts der Europäischen Union” (Company Names in Cross-Border Transactions. The Applicable Law to the Name of a Company in the European Union). The Volume has been published in German by Mohr Siebeck.

The official abstract reads as follows:

Does an English Limited need to adapt its company name in order to operate in Germany? Julia Alma Schünemann designs an overall concept for dealing with this rarely discussed interface between private and public international and EU law.

More information is available on the publisher’s website.

ASIL Private International Law Prize

jeu, 03/17/2016 - 13:48

The Private International Law Interest Group of the American Society of International Law invites submissions for this year’s ASIL Private International Law prize. The prize is given for the best text on private international law written by a young scholar. Essays, articles, and books are welcome, and can address any topic of private international law, can be of any length, and may be published or unpublished, but not published prior to 2015. Submitted essays should be in the English language. Competitors may be citizens of any nation but must be 35 years old or younger on December 31, 2014. They need not be members of ASIL. This year, the prize will consist of a $400 stipend to participate in the 2016 ASIL Annual Conference, and one year’s membership to ASIL. The prize will be awarded by the Private International Law Interest Group based upon the recommendation of a Prize Committee. Decisions of the Prize Committee on the winning essay and on any conditions relating to this prize are final. Submissions to the Prize Committee must be received by June 1, 2016. Entries should be submitted by email in Word or pdf format. They should contain two different documents: a) the essay itself, without any identifying information other than the title; and b) a second document containing the title of the entry and the author’s name, affiliation, and contact details. Submissions and any queries should be addressed by email to Private International Law Interest Group Co-Chair Cristian Gimenez Corte (cristiangimenezcorte@gmail.com). All submissions will be acknowledged by e-mail.

Fourth “journées Mohamed Charfi de droit international privé” colloquium in Tunis

jeu, 03/17/2016 - 13:15

The following announcement has been kindly provided by Béligh Elbalti, Assistant Professor, Graduate School of Law, Kyoto University.

Since 2008, the Research Unit on International Private Relations, Commerce, Arbitration and Migrations of the Faculty of Legal, Political and Social Sciences of Tunis (Carthage University) has been organizing the “journées Mohamed Charfi de droit international privé” colloquium which address various Private International Law issues. These colloquiums are organized on the memory of the late Dr. Mohamed Charfi, an eminent and leading Tunisian scholar specialized in the field of family law, human rights and private international law.

On April 2016, the Research Unit will organize its fourth journées Mohamed Charfi de droit international privé under the theme of international contracts and private international law. The colloquium will be held at the Faculty of Legal, Political and Social Sciences of Tunis on the 13 and 14 April 2016. Eminent and distinguished professors, as well as leading Tunisian law professors and private international law specialists will take part in this event.

The program will be as follow:

First Day : 13 avril 2016 (Wednesday) :
Les tendances générales dans le droit du contrat international

Morning Sesseion

8h30 – 9h15: Welcome Speech

9h15 – 9h30: Ali MEZGHANI (Professeur, Faculté de Droit des sciences juridiques, politiques et sociales de Tunis)
Présentation générale du colloque : « À propos du contrat international »

9h30 – 10h : Pierre MAYER (Professeur émérite, École de Droit de la Sorbonne)
Rapport introductif : « L’internationalité du contrat »

10h -10h30 : Jean-Michel JACQUET (Professeur, Institut des Hautes études internationales et du développement de Genève)
« Sanctions économiques internationales et contrats internationaux »

10h30-11h : Coffee Break

11h – 11h30 : Souhayma BEN ACHOUR (Professeur, Faculté de Droit et des sciences politiques de Tunis)
« L’essor de l’autonomie de la volonté en Droit international privé tunisien »

11h30 – 12h : Salma TRIKI (Maitre-assistante, Institut supérieur des études juridiques et politiques de Kairouan)
« La hiérarchie des normes dans le droit du commerce international »

12h – 12h30 : Debate

Afternoon Session

15h – 15h30 : Imed BÉJAOUI (Maitre-assistant, École supérieure de commerce de Sfax)
« La pérennité du contrat international entre pacta sunt servanda et rebus sic stantibus : réflexions au regard du pouvoir interprétatif de l’arbitre»

15h30 – 16h : Donia ALLANI (Assistante, Faculté des sciences juridiques, politiques et sociales de Tunis)
« La loi applicable au contrat d’après l’article 62 du Code tunisien de droit international privé »

16h-16h30 : Coffee Break

16h30h-17h: Thouraya AHMADI (Assistante, Faculté des sciences juridiques, politiques et sociales de Tunis)
« Les lois de police étrangères et le contrat international »

17h-17h30 : Debate

Second Day : 14 avril 2016 (Thursday) :
De quelques solutions particulières dans le droit du contrat international

Morning Session

9h – 9h30 : Lotfi CHEDLY (Professeur, Doyen de la Faculté de Droit des sciences juridiques, politiques et sociales de Tunis)
« La protection du consommateur en Droit international privé tunisien »

9h30 – 10h : Fatma BOURAOUI (Maitre assistante, Faculté de Droit des sciences juridiques, politiques et sociales de Tunis)
« Les contrats de transmission des créances en droit international privé »

10h – 10h30 : Rym BEN KHELIFA (Maitre-assistante, Faculté de Droit et des sciences politiques de Tunis)
« L’impact des traités relatifs à la protection des investissements sur les contrats conclus entre États-hôtes et investisseurs étrangers »

10h30 – 11h : Coffee Break

11h – 11h30: Jallel BACCAR (Maitre-assistant, École supérieure de commerce de Sfax)
« Le crédit documentaire international »

11h30 – 12h : Inès YOUSSEF (Maitre-assistante, Faculté des sciences juridiques, économiques et de gestion de Jendouba)
« Le payement d’un contrat international par crédit documentaire »

12h – 12h30: Debate

12h30 : End of the Colloquium

All presentations are in French. Participation to this event is free of charge and no prior reservation is required.

Fintech – What You Need to Know

mer, 03/16/2016 - 13:10

Financial technology (Fintech) describes the way in which technological innovations transform financial services. Examples are bitcoin, PayPal or crowdfunding. These new phenomena not only raise important regulatory concerns, but also difficult conflict-of-laws questions. They will be addressed at a conference hosted by the British Institute of International and Comparative Law (BIICL) and organized by Eva Lein. It will take place today, 16 March 2016, from 5 to 7 PM, at Charles Clore House, Russell Square (London). The line-up of speakers includes Daniel Awrey (Oxford University), Tetsuo Morishita (Sophia University, Tokyo), and Matthias Lehmann (University of Bonn). Registration information and further details are available here.

Klöpfer on Abuse of Procedure in European Civil Procedural Law

mar, 03/15/2016 - 10:58

Matthias Klöpfer has authored a book entitled “Missbrauch im Europäischen Zivilverfahrensrecht” (Abuse of Procedure in European Civil Procedural Law). The book has been published in German by the German publishing house Mohr Siebeck.

The official abstract reads as follows:

There are times when European civil procedural law seems to actually encourage abuse of law and circumvention strategies. Matthias Klöpfer examines if and how Europe’s so-called prohibition of abuse of law principle can serve as a union-wide approach to regulate abuse of procedure.

More information is available on the publisher’s website.

CELCOS Conference in Maribor (Slovenia): Strengthening the Rule of Law in the EU (31 March – 2 April 2016)

lun, 03/14/2016 - 12:28

The University of Maribor (Slovenia) is organizing the Central European Law Conference for Students (CELCOS). It will take place in Maribor from 31 March to 2 April 2016. CELCOS will be the first large international student event in Central and Southeastern Europe to reflect current issues of EU law.
The main concept of this Jean Monnet project is to gather over 50 law doctoral students from universities across Europe for a three-day conference at the University of Maribor (Slovenia), where the doctoral students will be the main actors and about 30 experts, i.e. professors of EU law, judges, prosecutors and policy-makers at the national and EU level will give impulses to the discussion about selected areas of EU law by commenting on the students’ contributions.
The aim of this conference is to analyze current topics of EU law, especially in light of the importance that EU law has for establishing the rule of law in Central and Southeastern Europe. Moreover, it aims at promoting fresh ideas and proposals for the future development of the EU legal system in general.

The conference will be divided into nine sessions dealing with the following topics:

Session 1: Triangle of cooperation between courts – ECtHR, CJEU and national courts.

Session 2: Managing migration in Europe – between economic feasibility and protection of human rights.

Session 3: Market integration through law: reforming legal foundations for a stable EU market.

Session 4: Effective enforcement of data protection law in Europe.

Session 5: EU Consumer protection – the current challenges.

Session 6: From transnational principles to European rules of civil procedure.

Session 7: Common EU standards on rights of suspects, the accused and victims in criminal proceedings.

Session 8: Integration of environmental protection into EU policies.

Session 9: Democracy and rule of law in Central and Southeastern Europe.

CELCOS is co-financed by the EU Commission – Erasmus programme – Jean Monnet Project. Further information is available at the Conference homepage. A detailed description of the sessions may be found here.

Domej on International Execution and the Implementation of Liability

ven, 03/11/2016 - 10:56

Our co-editor Tanja Domej from University of Zurich has authored a monograph entitled “Internationale Zwangsvollstreckung und Haftungsverwirklichung am Beispiel der Forderungspfändung” (International Execution and the Implementation of Liability). The volume has been published by Mohr Siebeck. It is written in German.

The official abstract reads as follows:

Tanja Domej retraces the debates over the relevancy and meaning of the principle of territoriality for the cross-border attachment of debts from a comparative perspective. On the basis of an interest analysis, she presents perspectives for an appropriate approach to dealing with issues of cross-border attachment of incorporeal assets.

More information is available on the publisher’s website.

 

French conference on the “UNCITRAL Contribution to International Trade Law”

mer, 03/09/2016 - 10:41

Written by Eloïse Glucksmann

The Center for Private International Law and International Trade Law (CRDI) of the University Panthéon-Assas is pleased to invite you to a conference on the “UNCITRAL Contribution to International Trade Law” that will take place in the faculty premises at 92, rue d’Assas 75005 Paris, conference room no 315, on April 12, 2016. Speeches will be in French.

Please register by contacting laurence.tacquard@u-paris2.fr. This conference is also accountable for the lawyers’ continuing training (formation continue des avocats) of the French National Council of the Bars (Conseil national des barreaux).

This event is organized with the collaboration of the Department for Private International Relations Studies (SERPI-IRJS) of the Sorbonne Law School and the Foundation for Continental Law

Program:

Morning

8:45 – Registration

9:00 – Opening remarks

Marie Goré, Professor at the University Panthéon-Assas Paris II, Director of the Center for Private International Law and International Trade Law (CRDI)

Géraud Sajust de Bergues d’Escalup, Deputy Director for Legal Affairs of Foreign Affairs

Renaud Sorieul, Director of the International Trade Law Division of the United Nations Office of Legal Affairs

Chairman: Sylvain Bollée, Professor at the Sorbonne Law School (University Paris 1), Co-director of the Department for Private International Relations Studies (SERPI-IRJS)

9:20 – The UNCITRAL methods
Vincent Heuzé, Professor at the Sorbonne Law School (University Paris 1)

The UNCITRAL model, its influence on OHADA law
Dorothé Cossi Sossa, permanent secretary

10:30 – International Sale of Goods: how to maintain or reinforce the UNCITRAL promotion of practices’ unification?
Claude Witz, Professor at the University of Saarland (Germany), Co-director of the Legal Center Franco-German

11:00 – Break

11:15 – International Commercial Arbitration
Daniel Cohen, Professor at the University Panthéon-Assas Paris II

11:45 – UNCITRAL and the aspiration to diffuse Security Interests model standards
Jean-François Riffard, Lawyer, Associate-Professor at the University of Auvergne (Clermont 1)

12:30 – Lunch break

Afternoon

Chairman: Pascal de Vareilles-Sommières, Professor at the Sorbonne Law School (University Paris 1)

2:00 – Insolvency of corporate groups
Reinhard Dammann, partner at Clifford Chance Europe LLP

2:30 – The sole ownership
Antoine Gaudemet, Professor at the University Panthéon-Assas Paris II

3:00 – The Rotterdam Rules: how to convince?
Philippe Delebecque, Professor at the Sorbonne Law School (University Paris 1)

3:30 – Break

3:45 – The UNCITRAL contribution to the development of public-private partnerships’ safeguarding
Stéphane Braconnier, Professor at the University Panthéon-Assas Paris II

4:15 – The UNCITRAL contribution to electronic trade development
Thibault Douville, Associate-Professor at the Caen Normandie

4:45 – Summary
Rafael Illescas Ortiz, Professor of Commercial Law, Universidad Carlos III of Madrid, former president of the UNCITRAL

The event will be followed by a cocktail.

The law of contracts and the creation of a Digital Single Market in Europe – A series of seminars in Ferrara

mer, 03/09/2016 - 10:00

The Department of Law of the University of Ferrara hosts a series of seminars, organised by Alberto De Franceschi, under the title New Features of European Contract Law – Towards a Digital Single Market.

The seminars, in English, will run from 9 March to 25 May 2015 2016.

Speakers include Michael Lehmann (Ludwig Maximilian Univ. of Munich and Max Planck Institute for Innovation and Competition), Christian Twigg-Flesner (Univ. of Hull), Rodrigo Momberg Uribe (Univ. of Oxford), Herbert Zech (Univ. of Basel), Fryderyk Zoll (Univ. of Kraków and Univ. of Osnabrück), Geraint Howells (City Univ. of Hong Kong), Reiner Schulze (Univ. of Münster), Peter Kindler (Ludwig Maximilian Univ. of Munich), Martin Gebauer (Univ. of Tübingen) and Jorge Morais Carvalho (Univ. Nova of Lisbon).

Two seminars are specifically concerned with private international law issues: on 13 May 2016, Peter Kindler will talk about The law applicable to contracts in the Digital Single Market, while, on 18 May 2016, Martin Gebauer will speak of Contracts concluded by electronic means in cross-border transactions.

The complete programme may be downloaded here.

Attendance is free. For more information: alberto.defranceschi@unife.it.

Online Dispute Resolution Platform launched

mar, 03/08/2016 - 11:52
Readers of our blog will recall that the European legislature, in 2013, adopted the Regulation on Online Dispute Resolution (ODR-Regulation) in consumer matters (alongside the Directive on Alternative Dispute Resolution) (see our previous post).  We are therefore happy to report that the interactive website, the so-called ODR-platform, envisaged by the ODR-Regulation has finally been launched on 15 February 2016. The platform is accessible here in all EU languages. It serves as a single point of entry for consumers and professionals seeking to settle a dispute out of court. It is available for disputes that arise from online contracts between consumers and professionals living in the EU.

International Seminar on Private International Law 2016 (Program)

mar, 03/08/2016 - 04:00

The programme of the 2016 edition of the International Seminar on Private International Law organized by Prof. Fernández Rozas and Prof. de Miguel Asensio, to be held in Madrid on 14-15 April 2016, has been released and is available here.

Venue:

Salón de Grados de la Facultad de Derecho de la Universidad Complutense, Avda. Complutense, Ciudad Universitaria, Madrid.

Main speakers:

Jürgen Basedow (Max Planck Institute for Comparative and International Private Law, Hamburg) – Consistency in EU Private International Law

Cristina González Beilfuss (Universidad de Barcelona, Spain) – On the recent reforms of Spanish international civil procedure law.

Christian Heinze (Leibniz University Hanover, Germany) – Competition law damages claims and jurisdiction agreements.

Roberto Baratta (University of Macerata, Italy) – Fundamental Rights and Family Private International Law

Thalia Kruger (Antwerp University, Belgium) – The Hague, Strasbourg, Luxembourg and the Bosporus. The best interests of abducted children?

Pietro Franzina (University of Ferrara, Italy) – Do we need a EU legislative measure on the international protection of adults?

Mauro Rubino-Sammartano (Corte Europea de Arbitraje) – Arbitration and Public Policy.

Sebastien Manciaux (Université de Bourgogne, France)- La oferta de arbitraje en arbitraje de inversión: especificidades y dificultades planteadas por esta modalidad de arbitraje.

Emmanuel Guinchard (University of Northumbria, UK) – La transposition en Europe de la directive 2013/11/UE relative au règlement extrajudiciaire des litiges de consommation. L’exemple de la France et du Royaume-Uni.

Bertrand Ancel (Université Paris II)

Additional information on the seminar is available here.

Márton on Violations of Personality Rights through the Internet

lun, 03/07/2016 - 11:32

Edina Márton has authored a book on “Violations of Personality Rights through the Internet: Jurisdictional Issues under European Law”. The book has been published by Nomos in cooperation with Hart Publishing.

The official abstract reads as follows:

This book considers jurisdictional issues on violations of personality rights through the Internet under the so-called ‘Brussels-Lugano Regime’ and centres on the special rule of jurisdiction in matters relating to tort, delict, or quasi-delict. It notes the governing objectives and underlying principles of this special rule; analyses its interpretation through the judgments of the ECJ, especially Bier, Shevill, and eDate and Martinez; and explores views expressed in legal theory and national judicial practice regarding its application for localising online violations of personality rights.

The book aims to examine how the eDate and Martinez-approaches advance administrability, predictability, and litigational justice and to assess whether they are suitable jurisdictional bases in Europe, where common legal norms, interests, and values increasingly integrate and connect persons. It concludes that they are not and recommends their possible reform.

Further information is available on the publisher’s website.

Article: Marriage for All and International Public Policy

dim, 03/06/2016 - 23:06

Professor Victoria Camarero Suarez published an article on marriage for all and international public policy in the Spanish Journal on the Law of Church and State.

Here is the English abstract:

In this work, in the first place, some general considerations are carried out, in relation with same-sex marriages and their roots in comparative systems as far as the legal practice is concerned. After this brief outline, we offer a presentation of the Decision of the French Cour de Cassation dated 28 January 2015, following the development of its historical iter and the foundations on which it is based upon. Within the stage that we may define as a comment, our research makes a evaluation of such as those foundations and, above all, of the interplay between international public policy and Fundamental Rights. In the same way we make detailed comparisons with the Spanish legal practice within the terms specially defined by DGRN. We put an end to our study through suggestive reflections with a view to throwing some light on the issue concerning the performance criteria of the French High Court and the need to reach full Human Rights, avoiding to the extent possible the emergence of unnecessary conflicts with regard to the subject of coexistence among the different legal systems.

Commentary on Succession Regulation Bonomi and Wautelet

dim, 03/06/2016 - 22:51

A second edition of the commentary of the Succession Regulation written by Andrea Bonomi and Patrick Wautelet has just been published. As with the first edition, the book is conceived as a commentary, article by article, of the Regulation. Written in French it provides in more than 1.000 pages a comprehensive analysis of the Regulation taking into account the vast literature already published on the Regulation, as well as various measures adopted by Member States in order to facilitate the practical operation of the Regulation.

More information available here.

 

 

Committee on Legal Affairs II: Possible legislative basis for instrument on public documents

sam, 03/05/2016 - 12:02

Written by Edina Márton

On 1 February 2016, the Committee on Legal Affairs of the European Parliament delivered an “Opinion on the legal basis of the proposal for a Regulation of the European Parliament and of the Council on promoting the free movement of citizens and businesses by simplifying the acceptance of certain public documents in the European Union and amending Regulation (EU) No 1024/2012 (COM(2013)0228 – C7-0111/2013 – 2013/0119(COD))”. As is clear from the opinion, the initial proposal was based on “dual legal basis” [i.e., Articles 114(1) and 21(2) TFEU]. After the removal of the former provision, the need for the assessment of the latter provision arose. Thus, the Chair, Mr Pavel Svoboda, assesses whether “the new single legal basis” of the proposal is valid and appropriate.

The opinion is available here.

Committee on Legal Affairs I: Possible legal basis for instrument on minimum standards in civil procedure

sam, 03/05/2016 - 11:58
 Written by Edina Márton On 21 December 2015, the Committee on Legal Affairs of the European Parliament issued a Working Document on establishing common minimum standards for civil procedure in the European Union – the legal basis (PE572.853v01-00). The Rapporteur, Emil Radev, outlines the scope of the legislative competence of the EU regarding civil procedure law and discusses provisions of the EU Treaties as possible legal basis for harmonising national civil procedure laws in the EU. The Working Document is available here.

Cour de cassation refers preliminary question regarding Art. 5(3) Brussels I to the ECJ

ven, 03/04/2016 - 11:30

It has not been mentioned on this blog that the French Cour de cassation has submitted a request for a preliminary ruling to the ECJ regarding Article 5(3) Brussels I Regulation (Concurrence Sàrl v Samsung Electronics France SAS, Amazon Services Europe Sàrl – Case C-618/15) on 23 November 2015. The question relates to the interpretation of the phrase »the place where the harmful event occurred or may occur« and reads as follows:

»Is Article 5(3) of Council Regulation (EC) No 44/2001 of 22 December 2000 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters to be interpreted as meaning that, in the event of an alleged breach of a prohibition on resale outside a selective distribution network and via a marketplace by means of online offers for sale on a number of websites operated in various Member States, an authorised distributor which considers that it has been adversely affected has the right to bring an action seeking an injunction prohibiting the resulting unlawful interference in the courts of the territory in which the online content is or was accessible, or must some other clear connecting factor be present?« (OJ 2016 C 38/38, footnote omitted.)

Thanks to Edina Márton for the tip-off!

Towards an ‘enhanced cooperation’ among 17 Member States in the area of property regimes of international couples

jeu, 03/03/2016 - 13:00

This post has been written by Ilaria Aquironi.

On 2 March 2016 the European Commission adopted  a proposal for a Council decision authorising enhanced cooperation in the area of jurisdiction, applicable law and the recognition and enforcement of decisions on the property regimes of international couples, covering both matters of matrimonial property regimes and the property consequences of registered partnerships (COM(2016) 108 final).

This stance comes close after the failure, in December 2015, to reach a political agreement among all Member States on the proposals relating to matrimonial property regimes and registered partnerships adopted in 2011.

Over the last few weeks, seventeen Member States – namely Belgium, Bulgaria, the Czech Republic, Germany, Greece, Spain, France, Croatia, Italy, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Finland and Sweden – addressed a request to the Commission to propose a decision authorising the establishment of enhanced cooperation between themselves in this field.

As a response, the Commission adopted the aforementioned proposal for a Council decision authorising enhanced cooperation, as well as a proposal for a Council Regulation on jurisdiction, applicable law and the recognition and enforcement of decisions in matters of matrimonial property regimes (COM(2016) 106 final) and a proposal for a Council Regulation on jurisdiction, applicable law and the recognition and enforcement of decisions in matters of the property consequences of registered partnerships (COM(2016) 107 final).

The adoption of the decision authorising enhanced cooperation requires a qualified majority of Member States within the Council and the consent of the European Parliament. The adoption of the two regulations implementing the enhanced cooperation requires unanimity by the participating Member States and the consultation of the European Parliament.

The non-participating Member States will continue to apply their national private international law rules to cross-border situations dealing with matrimonial property regimes and the property consequences of registered partnerships, and will remain free to join the enhanced cooperation at any time.

Slovenia: conference “Corporate Entities at the Market”

jeu, 03/03/2016 - 12:33

It is a tradition of the University of Maribor to organise conferences “Corporate Entities at the Market“. This year the conference will include issues related to cross-border debt collection. The conference is supported and partly financed by the European Commission, in the framework of EU Project BIARE. The programme of the conference is divided into five sessions:

1st Session: Corporate Law – Current Issues Related to ZGD-1 and Amendments
2nd Session: Commercial Legal Transactions
3rd Session: Cross-border Disputes in Civil and Commercial Matters (International session, English-Slovene interpretation) – 1. part
4th Session: Cross-border Disputes in Civil and Commercial Matters (International session, English-Slovene interpretation) – 2. part
Poster Session: National System of Enforcement from Perspective of Bruxelles Ia (Slovenia, Croatia, Austria, Germany, Italy, Czech Republic, Portugal, Netherlands, France, Lithuania, Estonia, Belgium, Sweden, UK, Greece).

The conference will take place on 19–21 May 2016 in Portoroz, Slovenia. The registration form can be accessed here.

Lehmann on Jurisdiction and Applicable law in Prospectus Liability Cases

mar, 03/01/2016 - 11:47

Against the backdrop of the CJEU’s judgment in Kolassa (Case C-375/13, see here and here for previous posts), Matthias Lehmann has written an article that is forthcoming in the August issue of the Journal of Private International Law. The article can be downloaded here.

The abstract reads as follows:

In its Kolassa judgment, the CJEU has for the first time decided which national court in the EU has jurisdiction for claims against an issuer of securities based on an allegedly false prospectus. This contribution analyses this fundamental and at the same time ambiguous ruling.

The ruling’s most important part concerns tort jurisdiction, in particular the identification of the place where loss is suffered by the investor. The court’s mixture between the domicile of the investor and the location of the bank that manages his account is unsatisfying and leads to problems, which will be analysed. With regard to the place of conduct, the decision will be criticized for hesitating between four different connecting factors, the relation of which among each other remains unclear. Moreover, this contribution argues that prospectus liability never falls under the consumer provisions or the contractual head of jurisdiction in the Brussels I(a) Regulation because such liability is delictual in nature. Contrary to the CJEU’s assumption, the particularities of the securities holding system do not play any role in the determination of the competent court.

Finally, it will be shown that the judgment is not limited to the determination of the competent court, but also affects the governing law for prospectus cases. It will be argued that the consequences of the Kolassa judgment under the Rome II Regulation are so drastic that a legislative reform of this Regulation has become necessary.

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