Zhalinskaya-Rericht, A.A. On specific features of the obligation law reform in the Federal Republic of Germany.

Abstract: On January 1, 2002 the Law on modernization of the obligation law of 26 of November, 2001 came into force and the provisions of more-than-a-century-old Civil Code of Germany of 1896 changed considerably. The German authors see these changes as the reform of the obligation law in Germany. In this article the author studies positions of German authors related to the civil law reform, causes and specific features of the reform, provides review of novel features and most important changes.