About
About
Edmund Schuster is an Associate Professor of corporate law at the LSE. His research focuses on corporate law, law and finance, takeover regulation, as well as the economic analysis of law. He has prepared studies for the European Commission on the reform of corporate governance and private international law. In 2014, Edmund was awarded the Modern Law Review Wedderburn Prize for his article on the law and economics of the mandatory bid rule.
Edmund studied law at the University of Vienna and at the LSE. Prior to joining LSE, Edmund practiced corporate law in London and Vienna, and was head of office at the Austrian Takeover Commission. Alongside his academic work, Edmund regularly advises the M&A team of Baker & McKenzie Austria.
Research
Research Interests
Edmund’s research interests are primarily in the areas of corporate law, law and finance, takeover regulation, and capital markets regulation. Currently, he is working on a paper exploring the legal obstacles for blockchain/DLT solutions and smart contracts.
Publications
The Private International Law of Companies in Europe (CH Beck - Hart - Nomos, 2019) - (with Carsten Gerner-Beuerle, Federico Mucciarelli, and Mathias Siems)
click here for publisher's site
The New Albanian Company Law (Tirana: Guttenberg 2009) (with T Bachner and M Winner)
- 'Tax Reforms and the Decline of the London Stock Market: The Untold Story' LSE Legal Studies Working Paper 14/2024 (with Suren Gomtsian)
- 'The company and block-chain technology'LSE Law School Working Paper Series 18/2022 (with Kelvin F.K. Low and Wai Yee Wan)
- 'Managerial Insulation and Bank Failures' (2021) Journal of Financial Intermediation 100909 (with Daniel Ferreira, Tom Kirchmaier and David Kershaw) (an earlier version of the paper is available here)
- 'Cloud Crypto Land' (2020) 84 Modern Law Review pp.974-1004
- 'The Purposive Transformation of Company Law' (2020) 68 American Journal of Comparative Law (forthcoming) (with David Kershaw)
- 'Making the Case for a Rome V Regulation on the Law Applicable to Companies' (2021) 39 Yearbook of European Law (forthcoming) (with Carsten Gerner-Beuerle, Federico Mucciarelli, and Mathias Siems)
- 'Cloud Crypto Land'LSE Law Working Paper Series 17/2019
- 'The Illusion of Motion: Corporate (Im-)mobility and the Failed Promise of Centros' 20 European Business Organization Law Review 425-465. ECGI Law Working Paper No. 458/2019 (with Carsten Gerner-Beuerle, Federico Mucciarelli, and Mathias Siems)
- 'The Purposive Transformation of Company Law'LSE Law Working Paper Series 04/2019 (with David Kershaw)
- 'Why do businesses incorporate in other EU Member States? An empirical analysis of the role of conflict of laws rules' (2018) 56 International Review of Law and Economics 14-27 (with Carsten Gerner-Beuerle, Federico Mucciarelli, and Mathias Siems)
- 'Cross-border reincorporations in the European Union: the case for comprehensive harmonisation' Journal of Corporate Law Studies (2018) 18 (1) pp.1-42 (with Carsten Gerner-Beuerle, Federico M. Mucciarelli, and Mathias Siems)
- Commentary to the Austrian Commercial Code, in: M Straube, T Ratka, and U Rauter (ed) Wiener Kommentar zum Unternehmensgesetzbuch (Vienna: Manz 2018) s282-s285
- 'Study on the law applicable to companies' (2017) prepared for the European Commission (with Carsten Gerner-Beuerle, Federico M. Mucciarelli, and Mathias Siems)
- 'Editorial: The Law Applicable to Companies in Europe: Study and Possible Reform' (2017) 14 European Company Law 148 (with C Gerner-Beuerle, F Mucciarelli, E Schuster, and M Siems)
- 'Measuring Management Insulation from Shareholder Pressure' LSE Law Society and Economy Working Paper Series, 01-2016 (with by Daniel Ferreira, Tom Kirchmaier and David Kershaw)
- 'Nachlass einer nach § 283 UGB verhängten Zwangsstrafe', [2016] Zeitschrift für Gesellschafts- und Unternehmensrecht 415 (case note)
- 'The Evolving Structure of Directors' Duties in Europe' (2014) 15 European Business Organization Law Review pp.91-233 (with Carsten Gerner-Beuerle)
- 'Law Meets Economics in the German Federal Constitutional Court: Outright Monetary Transactions on Trial' (2014) 15 German Law Journal pp.281-320 (with Esin Küçük and Carsten Gerner-Beuerle)
- 'The Costs of Separation: Friction between Company and Insolvency Law in the Single Market’Journal of Corporate Law Studies 2014, 14(2), 301-346; working paper published in LSE Law Society and Economy Working Paper Series, 06-2014 (with Carsten Gerner-Beuerle)
- 'The Mandatory Bid Rule: Efficient, After All?' (2013) 76 MLR 529-563 [Winner of the Wedderburn prize 2014]
- 'Mapping Directors’ Duties: The European Landscape' in: Hanne Birkmose, Mette Neville & Karsten Engsig Sørensen (eds.), Boards of Directors in European Companies, Kluwer Law International 2013, pp. 13-55
- 'Study on Directors’ Duties and Liability in Europe' (2013), prepared for the European Commission (with Carsten Gerner-Beuerle and Philipp Paech). See also European Commission webpage
- 'Shareholder Empowerment and Bank Bailouts' (2013). ECGI - Finance Working Paper No. 345/2013; AXA Working Paper Series No 11; FMG Discussion Paper 714 (with David Kershaw, Daniel Ferreira, and Tom Kirchmaier)
- Corporate Compliance and Directors' Duties, (2011) Compliance Praxis 32 (with Mario Gall)
- ‘The Takeover Directive as a Protectionist Tool?’ in: WG Ringe and U Bernitz (eds) Company Law and Economic Protectionism (OUP, 2010) (with PL Davies and E van de Walle de Ghelcke). Reprinted in: SM Davidoff and CA Hill (eds), Law and Economics of Mergers and Acquisitions (Edward Elgar 2013). See also ECGI working paper: http://ssrn.com/abstract=1554616
- 'Efficiency in Private Control Sales - The Case for Mandatory Bids' LSE Law, Society and Economy Working Paper Series, WPS 8-2010
- Contributor to: M. Straube (ed.) Wiener Kommentar zum Unternehmensgesetzbuch (Manz, 2010)
- J Cepani and EP Schuster, ‘Minority Shareholder Protection in Albania (Schutz der Minderheitsaktionäre in Albanien)’ in: P Doralt and M Winner (eds.), Schutz von Minderheitsaktionären in Mittel- und Osteuropa (Vienna 2010)
- N Arnold and EP Schuster, ‘Generationenwechsel im Übernahmerecht’ in: C Ludwig and M Widinski (eds), Generationenwechsel (Vienna: Linde 2008)
- 'Professionelle Stimmrechtsvertretung und Werben um Stimmrechte bei börsenotierten Aktiengesellschaften' [2008] Zeitschrift für Gesellschaftsrecht und angrenzendes Steuerrecht 392 (with K Oberhofer and F Prechtl)
- 'Übernahmerechtliche Folgen einer Änderung der Stiftungserklärung und von Verschiebungen bei Stifterrechten' [2007] Zeitschrift für Gesellschafts- und Unternehmensrecht 303 (with N Arnold)
- ‘Antizipieren der Angebotspflicht nach dem neuen Übernahmerecht’ Wirtschaftsrechtliche Blätter, Vol 21 (2007), pp 353-364; reprinted in: SM Davidoff and CA Hill (eds), Law and Economics of Mergers and Acquisitions (Edward Elgar 2013)
Teaching
Engagement and impact
External Activities
Counsel for the Corporate / M&A Team of Baker & McKenzie Austria
Research Associate, UCL Centre for Blockchain Technologies
Videos/Podcasts
- Cloud Crypto Land: Why Blockchain Won't Change the World(webinar, 29 October 2020)
- The Empty Promise of Cryptoassets and Smart ContractsLSE Conference "Cryptoassets and the Law" (2018)
- Law, Finance and the AbyssLSE, 2015