Walter Doralt | University of Graz (original) (raw)

Contract Law and European Contract Law by Walter Doralt

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Research paper thumbnail of Langzeitverträge

This book deals with problems of long-term contracts – a main field of research for economists bu... more This book deals with problems of long-term contracts – a main field of research for economists but, surprisingly, less so for lawyers. Building on the insights developed by economists, it focuses on five problems of paramount importance for long-term contracts: good faith and fiduciary duties, change of circumstances and force majeure (including contract design, risk distribution and renegotiation), termination for cause and, finally, penalty clauses.
The book is comparative (primarily focusing on German, French and English law, additionally drawing on international restatements and principles (UNIDROIT PICC, PECL, DCFR).
One section the book is devoted to the questions regarding legislating Long term contracts.
Aspects of drafting and the interplay with Default rules and drafting are addressed throughout the book,

Research paper thumbnail of Verbrauchervertragsrecht und Rechtswahl

Archiv fuer die civilistische Praxis, 2015

Research paper thumbnail of Rote Karte oder grünes Licht für den Blue Button? Zur Frage eines optionalen europäischen Vertragsrechts

Archiv fuer die civilistische Praxis, 2011

ABSTRACT The European Commission (EC) has made clear its intention to further harmonise private l... more ABSTRACT The European Commission (EC) has made clear its intention to further harmonise private law in Europe. The state of contract law in Europe is fragmentary. Different levels of consumer protection exist from one Member State to another as relevant European directives only establish a minimum level. As a consequence, businesses serving customers in more than one Member State incur higher costs because of various and different rules that must be complied with. Empirical data suggests that businesses frequently avoid cross-border trade for this reason. The EC is proposing as a solution an optional European contract law regime that could be elected by parties. It would embody a high level of consumer protection and its rules would take precedence over all national rules, including mandatory rules.This paper argues that such a choice would not be exercised by consumers, but rather by businesses, which will opt for it in their standard contract terms – if at all. A lack of court decisions and little academic literature make success far from certain. Nevertheless, the optional regime could be attractive for businesses, depending on the content of the rules (which are currently being drafted). It will also depend on the scope of the instrument and more specifically on whether a business can apply it to most or all contracts if it so wishes. Therefore, the scope should not be limited to cross-border trade or to e-commerce or to B2B or B2C contracts.Finally, this paper argues that the potential for simplification and, hence, cost reduction through a single uniform contract law regime may be greater in regular trade than in e-commerce for businesses such as large retailers operating through stores as they could streamline their general terms and their contractual duties according to a single set of rules for all contracts concluded in any Member State of the EU.

Research paper thumbnail of Change of Circumstances – Old and New Elements of the French théorie de l'imprévision

Rabels Zeitschrift fuer auslaendisches und internationales Privatrecht, 2012

Research paper thumbnail of Vorausleistung und Rücktritt beim Zahlungsverzug (Historical and Comparative Remarks on Right to Rescind or Terminate a Contract in the Event of Payment Default by the Other Party)

SSRN Electronic Journal, 2000

Research paper thumbnail of Policy Options for Progress Towards a European Contract Law Comments on the issues raised in the Green Paper from the Commission of 1 July 2010, COM(2010) 348 final

Rabels Zeitschrift fuer auslaendisches und internationales Privatrecht, 2011

... also the Interinstitutional Agreement of 22 December 1998 on common guidelines for the qualit... more ... also the Interinstitutional Agreement of 22 December 1998 on common guidelines for the quality of drafting of Community legislation, OJ 1999 C 73/1. 14 Paul Craig/Gráinne de Búrca, EU Law, Text, Cases, and Materials4 (2008) 86; EUV/AEUV5 (-Rudolf ...

Research paper thumbnail of The Optional European Contract Law and Why Success or Failure May Depend on Scope Rather than Substance

In October 2011, the European Commission will present a draft regulation for an optional European... more In October 2011, the European Commission will present a draft regulation for an optional European contract law. When parties opt to apply it (opt-in), it will set aside all national rules, including mandatory rules of the Member States. The level of consumer protection of the optional instrument will be very high. A choice will only be possible for the entire instrument, preventing parties from cherry picking. The result should allow businesses to overcome the current legal fragmentation in Europe, providing them with the possibility to contract with one single set of rules throughout Europe. In other words, the objective is to eliminate one of the obstacles the internal market currently faces.This Paper will show that the choice for the optional instrument, unlike what is sometimes discussed, will be exercised by businesses, not consumers. It will be argued that a broad scope is essential to secure the possibility of cost savings and efficiency gains. A limited scope will make the ...

Research paper thumbnail of Der Wegfall der Geschäftsgrundlage – Altes und Neues zur théorie de l'imprévision in Frankreich (Change of Circumstances – Old and New Elements of the French théorie de l'imprévision)

This paper deals with the French théorie de l'imprévision and the context of hardship due to ... more This paper deals with the French théorie de l'imprévision and the context of hardship due to changed circumstances. The famous canal de Craponne case, decided by the Cour de cassation in 1876, continues to define court practice, with significant consequences for contract practice and subsequent court decisions. The position adopted by the Cour de cassation in its landmark decision has had repercussions not only and directly as regards imprévision, but also in the context of bonne foi and cause. The unfortunate results are a lack of both legal certainty and fairness. There is a broad perception that the status quo is unsatisfactory and all three of the competing drafts for the pending modernisation of the French law of obligations propose the adoption of a rule in the Code civil. However, these concepts vary considerably. A comparison of the respective strengths and weaknesses of these drafts concludes with a suggestion to follow the approach advanced by the Chancellerie project....

Research paper thumbnail of Policy Options for Progress Towards a European Contract Law: Comments on the issues raised in the Green Paper from the Commission of 1 July 2010, COM (2010) 348 final

... Commission of 1 July 2010, COM(2010) 348 final Jürgen Basedow, Gregor Christandl, Walter Dora... more ... Commission of 1 July 2010, COM(2010) 348 final Jürgen Basedow, Gregor Christandl, Walter Doralt, Matteo Fornasier, Martin Illmer, Jens Kleinschmidt, Sebastian AE Martens, Hannes Rösler, Jan Peter Schmidt, Reinhard Zimmermann ...

Auditing by Walter Doralt

Research paper thumbnail of Max Planck Institute Working Group on Auditor Independence - Comments on the European Commission Green Paper: Audit Policy – Lessons from the Crisis

Research paper thumbnail of Die Haftung des gesetzlichen Abschlussprüfers – Mitverschulden, Ansprüche Dritter und Wege der Haftungsbegrenzung

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Research paper thumbnail of AUDITORS' LIABILITY AND ITS IMPACT ON THE EUROPEAN FINANCIAL MARKETS

The Cambridge Law Journal, 2008

Research paper thumbnail of Auditor Independence at the Crossroads – Regulation and Incentives

In November 2011 the European Commission has published legislative drafts proposing radical refor... more In November 2011 the European Commission has published legislative drafts proposing radical reforms for statutory audits in Europe, fuelling heated political and academic debates. This paper presents cornerstones for a new regulatory framework of auditing and thereby contributes to the ongoing debate on the role of auditors and their independence.

Research paper thumbnail of Abschlussprüferhaftung in Österreich

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Research paper thumbnail of Haftung der Abschlussprüfer : gegenüber der geprüften Gesellschaft, gegenüber verbundenen Unternehmen, gegenüber Dritten, Amtshaftung für den Bankprüfer, Haftpflichtversicherung /

Thesis (doctoral) - Universität, Wien. Bibliographical references p. 279-300.

Eur Private Law/Private Law general/Comparat. Law by Walter Doralt

Research paper thumbnail of Graz 15 May 2020 Responsabilité civile & Helmut Koziol

Conference poster, 2020

Conference on the French reform project on the responsabilité civile (tort law).

Research paper thumbnail of Graz 15 May 2020 Responsabilité civile & Helmut Koziol

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Research paper thumbnail of Graz 15 June 2021, International Commercial Contracts and Dispute Resolution

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Research paper thumbnail of Graz 15 May 2020 Responsabilité civile & Helmut Koziol

Responsabilité civile - Conference, 2020

Conference Poster

Research paper thumbnail of Langzeitverträge

This book deals with problems of long-term contracts – a main field of research for economists bu... more This book deals with problems of long-term contracts – a main field of research for economists but, surprisingly, less so for lawyers. Building on the insights developed by economists, it focuses on five problems of paramount importance for long-term contracts: good faith and fiduciary duties, change of circumstances and force majeure (including contract design, risk distribution and renegotiation), termination for cause and, finally, penalty clauses.
The book is comparative (primarily focusing on German, French and English law, additionally drawing on international restatements and principles (UNIDROIT PICC, PECL, DCFR).
One section the book is devoted to the questions regarding legislating Long term contracts.
Aspects of drafting and the interplay with Default rules and drafting are addressed throughout the book,

Research paper thumbnail of Verbrauchervertragsrecht und Rechtswahl

Archiv fuer die civilistische Praxis, 2015

Research paper thumbnail of Rote Karte oder grünes Licht für den Blue Button? Zur Frage eines optionalen europäischen Vertragsrechts

Archiv fuer die civilistische Praxis, 2011

ABSTRACT The European Commission (EC) has made clear its intention to further harmonise private l... more ABSTRACT The European Commission (EC) has made clear its intention to further harmonise private law in Europe. The state of contract law in Europe is fragmentary. Different levels of consumer protection exist from one Member State to another as relevant European directives only establish a minimum level. As a consequence, businesses serving customers in more than one Member State incur higher costs because of various and different rules that must be complied with. Empirical data suggests that businesses frequently avoid cross-border trade for this reason. The EC is proposing as a solution an optional European contract law regime that could be elected by parties. It would embody a high level of consumer protection and its rules would take precedence over all national rules, including mandatory rules.This paper argues that such a choice would not be exercised by consumers, but rather by businesses, which will opt for it in their standard contract terms – if at all. A lack of court decisions and little academic literature make success far from certain. Nevertheless, the optional regime could be attractive for businesses, depending on the content of the rules (which are currently being drafted). It will also depend on the scope of the instrument and more specifically on whether a business can apply it to most or all contracts if it so wishes. Therefore, the scope should not be limited to cross-border trade or to e-commerce or to B2B or B2C contracts.Finally, this paper argues that the potential for simplification and, hence, cost reduction through a single uniform contract law regime may be greater in regular trade than in e-commerce for businesses such as large retailers operating through stores as they could streamline their general terms and their contractual duties according to a single set of rules for all contracts concluded in any Member State of the EU.

Research paper thumbnail of Change of Circumstances – Old and New Elements of the French théorie de l'imprévision

Rabels Zeitschrift fuer auslaendisches und internationales Privatrecht, 2012

Research paper thumbnail of Vorausleistung und Rücktritt beim Zahlungsverzug (Historical and Comparative Remarks on Right to Rescind or Terminate a Contract in the Event of Payment Default by the Other Party)

SSRN Electronic Journal, 2000

Research paper thumbnail of Policy Options for Progress Towards a European Contract Law Comments on the issues raised in the Green Paper from the Commission of 1 July 2010, COM(2010) 348 final

Rabels Zeitschrift fuer auslaendisches und internationales Privatrecht, 2011

... also the Interinstitutional Agreement of 22 December 1998 on common guidelines for the qualit... more ... also the Interinstitutional Agreement of 22 December 1998 on common guidelines for the quality of drafting of Community legislation, OJ 1999 C 73/1. 14 Paul Craig/Gráinne de Búrca, EU Law, Text, Cases, and Materials4 (2008) 86; EUV/AEUV5 (-Rudolf ...

Research paper thumbnail of The Optional European Contract Law and Why Success or Failure May Depend on Scope Rather than Substance

In October 2011, the European Commission will present a draft regulation for an optional European... more In October 2011, the European Commission will present a draft regulation for an optional European contract law. When parties opt to apply it (opt-in), it will set aside all national rules, including mandatory rules of the Member States. The level of consumer protection of the optional instrument will be very high. A choice will only be possible for the entire instrument, preventing parties from cherry picking. The result should allow businesses to overcome the current legal fragmentation in Europe, providing them with the possibility to contract with one single set of rules throughout Europe. In other words, the objective is to eliminate one of the obstacles the internal market currently faces.This Paper will show that the choice for the optional instrument, unlike what is sometimes discussed, will be exercised by businesses, not consumers. It will be argued that a broad scope is essential to secure the possibility of cost savings and efficiency gains. A limited scope will make the ...

Research paper thumbnail of Der Wegfall der Geschäftsgrundlage – Altes und Neues zur théorie de l'imprévision in Frankreich (Change of Circumstances – Old and New Elements of the French théorie de l'imprévision)

This paper deals with the French théorie de l'imprévision and the context of hardship due to ... more This paper deals with the French théorie de l'imprévision and the context of hardship due to changed circumstances. The famous canal de Craponne case, decided by the Cour de cassation in 1876, continues to define court practice, with significant consequences for contract practice and subsequent court decisions. The position adopted by the Cour de cassation in its landmark decision has had repercussions not only and directly as regards imprévision, but also in the context of bonne foi and cause. The unfortunate results are a lack of both legal certainty and fairness. There is a broad perception that the status quo is unsatisfactory and all three of the competing drafts for the pending modernisation of the French law of obligations propose the adoption of a rule in the Code civil. However, these concepts vary considerably. A comparison of the respective strengths and weaknesses of these drafts concludes with a suggestion to follow the approach advanced by the Chancellerie project....

Research paper thumbnail of Policy Options for Progress Towards a European Contract Law: Comments on the issues raised in the Green Paper from the Commission of 1 July 2010, COM (2010) 348 final

... Commission of 1 July 2010, COM(2010) 348 final Jürgen Basedow, Gregor Christandl, Walter Dora... more ... Commission of 1 July 2010, COM(2010) 348 final Jürgen Basedow, Gregor Christandl, Walter Doralt, Matteo Fornasier, Martin Illmer, Jens Kleinschmidt, Sebastian AE Martens, Hannes Rösler, Jan Peter Schmidt, Reinhard Zimmermann ...

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Zeitschrift für Unternehmens- und Gesellschaftsrecht, 2015

Research paper thumbnail of AUDITORS' LIABILITY AND ITS IMPACT ON THE EUROPEAN FINANCIAL MARKETS

The Cambridge Law Journal, 2008

Research paper thumbnail of Auditor Independence at the Crossroads – Regulation and Incentives

In November 2011 the European Commission has published legislative drafts proposing radical refor... more In November 2011 the European Commission has published legislative drafts proposing radical reforms for statutory audits in Europe, fuelling heated political and academic debates. This paper presents cornerstones for a new regulatory framework of auditing and thereby contributes to the ongoing debate on the role of auditors and their independence.

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Research paper thumbnail of Haftung der Abschlussprüfer : gegenüber der geprüften Gesellschaft, gegenüber verbundenen Unternehmen, gegenüber Dritten, Amtshaftung für den Bankprüfer, Haftpflichtversicherung /

Thesis (doctoral) - Universität, Wien. Bibliographical references p. 279-300.

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... oder: Vollharmonisierung durch den „Blue Button“?: GPR 2010 215 - 218; Walter Doralt, RoteKar... more ... oder: Vollharmonisierung durch den „Blue Button“?: GPR 2010 215 - 218; Walter Doralt, RoteKarte oder grünes Licht für den Blue ... www.europeanlawinstitute.eu); s. dort insbesondere das Hamburg Memorandum vom 15.7.2010 zu möglichen Aufgaben und Struktur des ELI. ...

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