How to avoid taxpayers paying for bank failures and banking crises? This book provides a proposal and a critique by twelve independent experts. It is addressed particularly to the threat posed in Europe by having large international banks, a history of bailouts and limited means of resolving any future banking crises. It shows how political imperatives and legal constraints currently result in economic losses in many countries round the world.

The ideal text to guide students through the complexities of the law of international trade, "The Law of International Trade 3e" presents the law relating to all the main aspects of the overseas sale in an accessible and easily-navigated format. Opening with chapters on modes of carriage, the book goes on to consider the contracts of sale on which they are based, insurance, disputes, and the influence of EC law. Real life documents and examples are used throughout to illustrate the practicalities of the subject. The third edition has been fully updated to take into account new developments particularly in the area of electronic commerce. All significant cases decided since the publication of the previous edition have also been referred to in the text to bring you complete and dependable information.

This book delves into the nature of governance in Asia both at government and corporate level. It reviews the history and suggests potential solutions for years of underperformance due to the corrupt practices that have developed because of a poor understanding of corporate governance. The authors are experts in practices in Asia and their views are expressed in a sympathetic manner, at no time insisting that a western model of governance is correct. Instead the authors advise local models appropriate to the state of development and suggest that individual countries institute behavioural models that will mature as nations quickly develop in an increasingly global world.

While conventional wisdom dictates that people's trust - in the government, in corporations, in each other - is at a historic low, the rise of the Internet is offering new ways to rehabilitate and strengthen trust. Uber is probably the best example of a new company that, on the surface, allows individuals with smartphones to get rides with strangers, but at a deeper level is in the business of trust. In The Trust Revolution, M. Todd Henderson and Salen Churi trace the history of innovation and trust, linking companies such as Uber with medieval guilds, early corporations, self-regulatory organizations, and New-Deal era administrative agencies. This book should be read by anyone who wants to understand how trust - and its means of creation - has the potential not only to expand opportunities for human cooperation, but also to reduce the size and scope of government and corporate control over our lives.

Mergers and acquisitions continue to grow rapidly in transaction numbers and volume worldwide, bringing about radical changes to the corporate landscape. The enactment of mergers and acquisitions, particularly in cross border transactions, involves complex economic, legal, technical, and social procedures, closely interlinked and embracing several sectors and disciplines. This comprehensive and interdisciplinary handbook addresses the issues involved in effecting mergers and acquisitions internationally. The authors' practice-oriented approach follows the normal course of the transactions through the planning phase, the execution phase and the post-merger integration/implementation phase, providing managers, investment bankers, legal advisors, accountants and academics with an in-depth understanding of the factors necessary for success and the means to understand and improve transaction management and create new economic values.

Blackstone's Landlord and Tenant Series breaks down the subject of landlord and tenant into the areas that come up most in practice. Each book in the series provides practical treatment of a particular subject. With their clear exposition of the law, they will be invaluable to landlord and tenant specialists. As business tenancies are traditionally short in length a considerable amount of commercial property work is concerned with their renewal under Part II of the Landlord and Tenant Act 1954. This book provides the practitioner with a detailed and practical guide to all aspects of the law on the statutory renewal of business tenancies and the often complex issues which can arise during the renewal process. It suggests realistic answers for practitioners when dealing with these issues. It will equip commercial property professional with thorough practical knowledge of the Landlord and Tenant Act 1927 and 1954, and related case law. Practical examples illustrate the text and the implications of the Civil Procedure Rules are considered where appropriate.

Protecting economic competition has become a major objective of government in Western Europe, and is playing a key role in European Integration. Competition law has, therefore, become a central part of economic and legal experience. This book examines European experience in protecting competition, analysing its dynamics, revealing its importance and highlighting the political and economic issues it raises.

Covers the laws surrounding commercial transactions that involve the development, use of commercialisation of technology and associate intellectual property rights. Types of transactions that fall within this category are research and development contracts and intellectual property licences and these form the main focus of the book. Written by experts and describing the many different areas of law that affect technology agreements such as IP, contract law, competition law and tax, this is the leading guide to this complex area of law. The new Fourth Edition has been brought completely up to date including: - Coverage of EU Horizon 2020 replacing Framework 7 funding scheme - General Data Protection Regulation (GDPR) - Updates in line with the Charities Act 2011 - New section on different types of standard agreements available (Lambert, NIHR, EU consortium agreements) - New material dealing with variety of relevant patent legislation: Unitary Patent and Unified Patents Court, the Intellectual Property Act 2014, Legislative Reform (Patents) Order 2014, Patents (Supplementary Protection Certificates) Regulations) 2014 - New material on the EU Trade Secrets Directive - Coverage of Regulations No 536/2014 of the European Parliament and of the Council of 16 April 2014 on clinical trials on medicinal products for human use, and repealing Directive 2001/20/EC - Addition of research exception (new section 22A) from freedom of information from 1 October 2014 (Freedom of Information Act 2014) - Coverage of Technology Transfer Regulation, 316/2014 and related guidelines

Between the passage of the Bubble Act in 1720 and the sweeping reforms of the General Incorporation Act of 1844, the legal framework of business organization in England remained remarkably stagnant despite the profound economic and structural changes wrought by the Industrial Revolution. Originally published in 2000, this book analyzes why this discrepancy occurred, especially when other nations of that time, whose economies were far less developed, were evolving more permissive laws of business organization. Employing extensive primary source archival material, Ron Harris shows how the institutional development of major forms of business organization - the business corporation, the partnership, the trust, the unincorporated joint-stock company - evolved and how English law finally took account of these developments.

Das Personengesellschaftsrecht ist durch die besonders enge Verbundenheit der Gesellschafter gepragt. Was passiert aber, wenn diese Vertrauensgrundlage erschuttert wird? Der BGH lehnt eine vereinfachte Gesellschaftertrennung durch Hinauskundigung (Ausschluss ohne Grund) ab. Hinauskundigungsklauseln sind nach standiger Rechtsprechung grundsatzlich sittenwidrig. Diese Publikation erforscht, wie der Gesellschafterausschluss praxisnah gestaltet werden kann. Die Autorin setzt sich zunachst kritisch mit der Rechtsprechung des BGH auseinander und entwickelt dann einen neuen, praxistauglichen Loesungsansatz, der auf einer alleinigen Ausubungskontrolle der Ausschlussentscheidung basiert. Besondere Bedeutung erlangt dabei die Untersuchung des liberalen US-amerikanischen Gesellschaftsrechts.

Now it its second edition, this book is an authoritative and comprehensive review on all aspects of the law that relate to liability insurance contracts. It aims to cover the all the major types of liability insurance, not just professional indemnity insurance, and presents the issues according to the general principles of contract law. Updated to include the impact of the Insurance Act 2015, the book takes a comparative view of the law, tailored to those professionals operating in a global economy, as well as academics and post-graduate students.

The globalization of financial markets has attracted much academic and policymaking commentary in recent years, especially with the growing number of banking and financial crises and the current credit crisis that has threatened the stability of the global financial system. This major new Research Handbook sets out to address some of the fundamental issues in financial regulation from a comparative and international perspective and to identify some of the main research themes and approaches that combine economic, legal and institutional analysis of financial markets. Specially commissioned contributions represent diverse viewpoints on the financial regulation debate and cover a number of new and controversial topics not yet adequately addressed in the literature. Specifically, these include; financial innovation - particularly in the context of the credit risk transfer market, securitization and the systemic importance of the over-the-counter trading markets; the institutional structure of international financial regulation; and risk management and corporate governance of financial institutions. This Handbook will provide a unique and comprehensive resource for all those with an interest in this critical issue - including academic researchers in finance and regulation, practitioners working in the industry and those involved with regulation and policy. Contributors: K. Alexander, I. Alfon, I. Argimon, P. Bascunana-Ambros, T. Burns, A. Cornford, R. Dhumale, J. Eatwell, M. Fujii, I. Hasan, K.R. Ilmonen, E.J. Kane, M. Kawai, D. Masciandaro, D.G. Mayes, A. Nesvetailova, C. Papathanassiou, A. Persaud, D. Pesendorfer, G. Riccio, X. Roduner, C.A. Russo, A. Singh, M. Waisman

For many companies, brands are now their most valuable assets - yet there is insufficient knowledge within business in general of legal systems that exist to allow brand owners to protect these assets. Equally, few trademark lawyers fully understand the commercial significance of these legal systems for the success of brand-based businesses. Adopting an interdisciplinary approach, Trademarks divulges the legal enigma to the brand owner, and the business advantage of trademarking to the lawyer, whilst providing a unique insight into all aspects of trademarking for all those fascinated by this channel for success.

Die Treibstoffpreise sind nahezu taglich in den Medien vertreten. Sie sind als bedeutender Wirtschaftsfaktor ein standiges Thema der politischen Diskussion. Da die Mineraloelwirtschaft in fast allen Staaten Europas oligopolistisch gepragt ist, tritt eine deutliche Abschwachung des Wettbewerbs ein. Dies lenkt die Betrachtung auf die vertikalen Vertriebsbindungen der Branche. Die Arbeit behandelt die zivilrechtliche Einordnung von Tankstellenvertragen sowie deren kartellrechtliche Zulassigkeit. Dabei stellt sich heraus, dass der typische Tankstellenvertrag nur wenig Gemeinsamkeiten mit einem Handelsvertretervertrag hat. Vielmehr werden Risiken ubernommen, die einem Vertragshandler gleichen. Daher ist die bestehende Bestimmung der Treibstoffabgabepreise durch die Mineraloelfirmen problematisch.

Das Buch zeigt die rechtlichen Hurden bei einem Anteilserwerb durch Minderjahrige auf. Gesellschaftsanteile werden von Minderjahrigen aus unterschiedlichen Grunden erworben. Teilweise besteht ihr Wunsch darin, fruhzeitig unternehmerisch tatig zu sein. Haufig dient der Erwerb innerfamiliaren steuerlichen Zwecken. Der Autor beleuchtet, ob es fur einen wirksamen Erwerb der elterlichen Zustimmung, der Bestellung eines Erganzungspflegers oder der familiengerichtlichen Genehmigung bedarf. Hierbei unterscheidet er nach der Art des Anteilserwerbs sowie zwischen verschiedenen Rechtsformen einer Personen- und Kapitalgesellschaft. Ausserdem untersucht er die Gestaltungsrechte des Minderjahrigen nach einem Anteilserwerb, insbesondere die Haftungsbeschrankung und die Kundigung eines Mitgliedschaftsrechts.

This book deals with competition policy from the standpoint of a business executive. It enables a busy reader to go straight to the business practice with which he is concerned and from there to a summary of the authorities' treatment of that practice. At the same time, it provides the reader who wishes to add an appreciation of anti-trust compliance to his professional portfolio with a comprehensive overview of the subject, together with a guide to useful sources of further information.

Das deutsche Internationale Sachenrecht wurde erstmals im Jahre 1999 kodifiziert. Im wesentlichen sollte die Kodifikation das geltende gewohnheits- und richterrechtliche Internationale Sachenrecht in das EGBGB ubernehmen. Es ist in den Anknupfungspunkten durch die Grundsatze von Rechtssicherheit und Rechtsklarheit gepragt und folgt insoweit dem deutschen materiellen Sachenrecht. Lediglich die Ausweichklausel in Art. 46 EGBGB fuhrt mit ihrer Anknupfung an den offenen Begriff der wesentlich engeren Verbindung zu einer Rechtsunsicherheit. Der Rechtsanwender steht oft vor der Frage, ob er eine Regelkollisionsnorm oder die Ausweichklausel anwenden soll. Der Autor unternimmt es, den Begriff der wesentlich engeren Verbindung zu konkretisieren und abschliessende Fallgruppen zu bilden. Auf diese Weise wird das Eingreifen des Art. 46 EGBGB vorhersehbar und die Rechtsunsicherheit gebannt.

Savage and Bradgate: Business Law made a big impression upon its first appearance six years ago, with its comprehensive and up-to-date coverage of those principles of common law and statute law which regulate business activity in the United Kingdom. This new edition carries on the good work in its critical analysis of the purpose and functioning of the rules and legislation involved, placing emphasis on the rationale of the law and on the economic and political context within which it operates - all delivered in an uncluttered, straightforward style.

The carriage of goods by sea starts off with a contract of carriage, an essentially simple and straightforward contract between two parties, the shipper and the carrier. Very often, however, a bill of lading is issued and a third party appears on the scene: the holder of the bill of lading. The holder was not involved in the making of the contract of carriage, but does have rights, and possibly obligations, against the carrier at destination. The question then is how the third-party holder of the bill acquires those rights and obligations. Analysing the different theories that have been proposed to explain the position of the third party holder, this book makes a distinction between contractual theories and non-contractual theories to explain the holder's position. Contractual theories build on the initial contract of carriage and apply contract law mechanisms while non-contractual theories construe the position of the third-party holder independently. Following the analysis and appraisal of the different theories, this book makes the case that the position of the third-party holder of the bill of lading is not obvious or self-evident; and submits that a statutory approach to the position of the holder of the bill of lading has advantages and would be preferable.

A practical guide to patent prosecution and strategy in the US with particular reference to invention in chemicals and biotechnology. The presentation is focused on case law in the US and deals with specific cases. A section is devoted to international patent protection.

Although written primarily for use by British businessmen, this book also aims to provide an introduction to the subject of competition policy to students of law, of economics, and of public administration.

This new work provides integrated analysis of and guidance on the Prospectus Regulation 2017, civil liability for a misleading prospectus, and securities litigation in a European context. The prospectus rules are one of the cornerstones of the EU Capital Markets Union and analysis of this aspect of harmonisation, the areas not covered by the rules, and the impact of Brexit, provides valuable reference for all advising and researching this field. The first Part serves as an introduction to the volume with relevant context. Part II discusses the subjects of Prospectus Regulation from both a legal and economic perspective. Each chapter within Part II focuses on a key subject of the new Prospectus Regulation, providing an in-depth analysis of each issue. Part III of the work explains the domestic law on liability for a misleading prospectus, this issue being omitted from the Regulation. The law and practice in each of the key capital markets centres in Europe is analysed, with the UK chapter covering the issues and possible solutions under Brexit. There is full consideration of conflicts of laws issues with reference to the Brussels I regulation, and the Rome I and II Regulations. The influence of the EU Prospectus rules on private law is also addressed.

Written by a combination of top academics, industry experts and leading practitioners, this book offers a detailed insight into both unimodal and multimodal carriage of goods. It provides a comprehensive and thoroughly practical guide to the issues that matter today on what is a very complex area of law. From the papers delivered at the 8th International Colloquium organised by Swansea Law School's prestigious Institute of International Shipping and Trade Law, this original work considers current opinions, trends and issues arising from contracts of carriage of goods by sea, land, air, and multi-modal combinations of these, not to mention the legal position of vital participants such as freight forwarders, terminal operators and cargo insurers. The topics under discussion range through issues such as paperwork, piracy, liability for defective containers, damage in transit, the CMR Convention, and the possible effects of the Rotterdam Rules. An indispensable resource for transport lawyers, industry professionals, academics and post-graduate students of maritime law.

Der Autor untersucht umfassend die Auswirkungen des durch das MoMiG neu geschaffenen 55a GmbHG auf das System des GmbH-Rechts. Neben einer Darstellung der dogmatischen Grundlagen des 55a GmbHG befasst er sich ausfuhrlich mit der Kompetenzordnung der GmbH und dem Bezugsrecht der Gesellschafter im Anwendungsbereich eines genehmigten Kapitals. Die in diesem Zusammenhang bestehenden Streitfragen (etwa das Weisungsrecht der Gesellschafter, die Befugnis der Geschaftsfuhrer zur Satzungsanpassung oder die Rolle eines Aufsichtsrats) fuhrt der Autor einem systematischen Loesungsansatz zu. Schliesslich widmet er sich moeglichen Erleichterungen fur alternative Finanzierungsinstrumente (wie etwa Arbeitnehmerbeteiligungen) durch ein genehmigtes Kapital.