Abstract

First and foremost, in the name of the German-American Lawyers' Association (DAJV) I wish to congratulate the German Law Journal on its 10th anniversary! The German Law Journal has contributed extensively to the reversion of the “one-way traffic” of the transfer of law, at least on some points, which typically flowed from the U.S.A. to Europe. I can still remember quite well that, at the time Germany gradually arose from the shadowy existence of an “emerging market” in the area of capital markets, time and again it was emphasized that German law was indeed compatible with a world market—if only it was available in the English language. The German Law Journal recognized this deficiency and has contributed significantly to the spread of awareness and understanding of German law abroad.

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