kaal:claim:617681-015

Member States unwilling to incur the rule switching costs of conducting judicial proceedings in English could be precluded from marketing their corporate charters in other Member States that do not share their language.

Source quote, verbatim

Member States unwilling to incur the rule switching costs involved with using English in judicial proceedings could be precluded from marketing their corporate charters in other Member States that do not speak the same language.

From

Christian Kirchner, Richard W. Painter, Wulf A. Kaal, Regulatory Competition in EU Corporate Law after Inspire Art Unbundling Delaware's Product for Euro (2004), D.I.1 Language Barriers, p. 24
https://ssrn.com/abstract=617681 · source PDF

Cite as

Christian Kirchner, Richard W. Painter, Wulf A. Kaal, Regulatory Competition in EU Corporate Law after Inspire Art Unbundling Delaware's Product for Euro (2004). SSRN: https://ssrn.com/abstract=617681

Holds when

English being the only language widely understood throughout the EU

Classification

failuresupport: arguedfailure: language-lock-outfamily: jurisdictional-conflictgovernance-design

Verify

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Attestation record: colloquium/attestations/c8334b68ca3d278b...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/617681-015.md | sha256sum