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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Commercial law
The Mode 4 commitments of WTO Members are narrow and shallow.Even though trade negotiations for enhanced Mode 4 access started well before the launch of the DDA- prospects for success are thin.These negotiations followed a traditional mercantilist approach- with limited attention to the underlying difficulties countries face in letting people into their borders, either generally, or on the basis of a WTO GATS commitment.This Book argues that this approach alone will not succeed. It proposes a focus not on trading market access concessions only, but on discussions aimed at understanding each other's regulatory approaches.To date, in terms of the literature available, we know very little about how WTO Members are managing their Mode 4 commitments.We know even less about how the WTO could learn from clearly more advanced steps in regional liberalization processes.This Book addresses these issues- through case studies of market access and national treatment commitments, and regulatory approaches in Economic Integration Agreements of a select group of WTO Members."
The Routledge Handbook of Commercial Space Law provides a definitive survey of the transitions and adjustments across the stakeholder community contributing to outer space activities. The interaction between NewSpace, traditional aerospace industrials, and non-traditional space-related technologies is driving market changes which will affect state practice in what has until now been a government dominated market. Greater private commercial participation will lead to new economic approaches to risk-sharing models driven by a space services dominated market. This handbook is a detailed reference source of original articles which analyse and critically evaluate the scope of the current paradigm change, and explain why space contracts and risk apportionment as currently known will change in tune with ongoing market transitions. Reference is made to the scope of best practices across various leading states involved in space activities. With contributions from a selection of highly regarded and leading scholars and practitioners in the Commercial Space Law field, and the inclusion of salient documents, regulatory and contractual documents, the Routledge Handbook of Commercial Space Law is an essential resource for students, scholars, and practitioners who are interested in the field of Commercial Space Law.
Keenan & Riches' Business Law is well known and highly regarded as a reliable and practical guide to the law as it applies to the world of business. The text combines a solid academic reputation with clear language and practical features designed to assist the non-specialist, making it a favourite choice of students and professionals. The eleventh edition has been thoroughly updated to incorporate recent legal changes including the European Union Act 2011, the Parliamentary Voting System and Constituencies Act 2011, the Fixed Term Parliaments Act 2011, the Equality Act 2010 and changes in financial regulation as it affects companies. References to treaty articles have been renumbered to reflect changes made by the Consolidated Version of the Treaty on European Union and the Treaty on the Functioning of the Union. The new edition also presents current proposals for reform in areas of business law such as aspects of the Unfair Terms in Consumer Contracts Regulations, competition law, consumer rights and defamation.
Expanding international trade forces practitioners, academics, and jurists to wrestle more often with damages claims in international law, navigating the varied treatments of damages issues from country to country. Many of these decisions may be difficult to find, let alone assess. This text guides the reader through complex damage issues and their treatment around the globe. It examines issues and problems presented in determining compensatory interest, moratory interest, damages in foreign currency, attorneys' fees and costs, and punitive damages in foreign currency. The book is aimed at law professionals such as attorneys, arbitrators, judges and scholars, as a resource on how different legal systems address damages issues.
This unique text deals with the most important legal areas for e-commerce related business in most of the member states in Europe as well as the USA. In doing so the text takes into consideration the national law of the following countries: Belgium, France, Germany, Great Britain, Italy, Netherlands, Norway, Spain, Switzerland, and the USA. Topics that are dealt with include: contract law, consumer protection, intellectual property law, unfair competition, antitrust law, liability of providers, money transactions, privacy and data protection. The country-specific contributions follow a questionnaire which can be found in the beginning. The uniform structure of each contribution enables the reader to quickly find an answer to a legal question. All contributions have been written by experts from each member state.
Now in its 9th Edition this proven textbook provides a comprehensive yet concise introduction to Business Law, including Contract Law, Tort Law, Commercial Law and Employment Law. The aim is to explain Business Law in a straightforward and accessible way. Business Law 9e is fully up to date and includes coverage of the most recent legislation concerning corporate manslaughter, compensation, equality, flexible working and misleading marketing. The Companies Act 2006 is given full and comprehensive coverage. Recent European legislation on unfair business practices, equal treatment and consumer protection is included. Current case law is thoroughly reviewed and throughout the text hundreds of cases are referenced and described. Business Law 9e is ideal for use on undergraduate Business Law modules taken by business studies, accounting, marketing, design and technology, health studies and food science and other non-law students. It covers the business law syllabus requirements of many professional and examination bodies such as the Chartered Institute of Management Accountants, the Association of Chartered Certified Accountants, the Institute of Chartered Secretaries and Administrators and the Institute of Personnel Development. It is also suitable for the GNVQ Business Law option.
Thanks to the strategy of "apertura" that has characterized economic policy throughout Latin America since the debt crisis, foreign investment is on the rise and a significant degree of economic stability has been achieved. In the global arena, however, the enormous promise of Latin American trade remains only partially realized, as policy makers in the region struggle to design a "fair" level playing field for encouraging sustained and equitable development, through implementing transparent regulatory business environments across the region. Competition policy has accordingly become a major regulatory issue in both individual Latin American countries and in regional co-operation arrangements. In considering the development of the "second generation" of regulatory policy initiatives implemented in the region, this book analyzes the role of competition policy in the promotion of successful and sustained economic development. Examples of the vital and diverse aspects of the region's competition policy agenda covered are: comparative assessments of the legal regime of different Latin American countries for dealing with business restrictive practices, including cartels, vertical restraints, market foreclosures and mergers; the increasing introduction of competition principles in the promotion of institutional reforms in the promotion of investments and technology, privatization processes, antidumping policy and trade remedies, and the regulation of public utilities; the institutional factors influencing the relationship between competition authorities and other regulatory agencies; the governance factors determining the agenda of competition policy enforcement; the impact of international competition principles on the policy agenda of Latin American competition authorities, in the context of the WTO, the FTAA and regional economic integration agreements. The author combines the legal description of the jurisdictions reviewed with the analytical tools of institutional economics, to give a fully rounded picture of this complex and evolving subject. As a result, "Latin American Competition Law and Policy" stands out as a fundamental resource for all world trade professionals at a time when Latin America's presence in the global economy is rapidly assuming greater dimensions.
In the aftermath of the global financial crisis, the world has witnessed increasing manifestations of eroding trust in the international trade regime, including Brexit and the Trump administration's unilateral trade policies. Restoring trust in the international trading system is essential to prevent the rise of economic nationalism and beggar-thy-neighbour policies, which as history has shown are a threat to global welfare and peace. As a scholar, counsellor of the WTO Appellate Body Secretariat, and, between 2009 and 2017, a member of the WTO Appellate Body, Peter Van den Bossche has addressed the challenges faced by the international trade regime and has tirelessly promoted trust in the multilateral governance model. This Liber Amicorum honours his contribution to the development of a 'trustworthy' rules-based multilateral trading system, which has left a lasting legacy. In this timely book, leading experts and friends of Peter Van den Bossche, including his mentors, colleagues and PhD candidates, come together to pay tribute to his work by exploring, from a legal perspective, what can be done to restore trust in trade, focusing on: (1) ensuring a robust institutional framework that promotes rule of law over power politics, (2) safeguarding the integrity and effectiveness of trade dispute settlement, and (3) ensuring that substantive international trade rules appropriately balance trade and non-trade interests.
Trade liberalization has shaped international economic relations since the conclusion of the GATT 1947. The last few decades have seen a significant shift in the focus of this process: multilateralism seems to have reached its limits, giving way to regionalism, and the focus of trade liberalization has shifted to non-tariff barriers. While these developments have attracted considerable attention, exploring them from comparative perspectives has been largely neglected. Trading systems - the WTO, regional economic integrations and federal systems - are all based on the same dichotomy of free trade and local public interest: they generally prohibit the constituent parties (states) from restricting trade, but exempt them from this limitation if the restriction is warranted by a legitimate local end. The purpose of this volume is to contribute to filling the above-mentioned research gap by exploring central issues in regional economic integrations from a comparative perspective. It provides a general economic analysis of the costs and benefits of trade liberalization and the role and function of normative values in commercial policy. This is followed by a comparative analysis of the approaches used in various regional economic integrations (in North America, Europe and Latin America) and federal markets (the United States, Australia and India) regarding the balance between free trade and local public interest. Key issues in investment law, one of the most contentious elements of next-generation free trade agreements, are also addressed.
This new book contains a detailed analysis of the legal requirements in connection with the issuance and transfer of shares in a foreign country. The book discusses issues such as the mechanics of transfer, foreign stock ownership, registration and notification requirements, good faith acquisition of shares, transfer restrictions and lost or stolen shares under the laws of twenty-eight different countries. In addition, the book proposes, for each jurisdiction model, legal opinion language (and appropriate legal opinion backup) which counsel to the purchases should request in order to protect his client. The book is a valuable tool for anyone who purchases a company or a stake in a company in a foreign country. Reports from the following countries are included: Argentina, Australia, Austria, Belgium, Brazil, Canada, Czechoslovakia, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Japan, Luxembourg, Mexico, Netherlands, Portugal, S. Africa, Spain, Switzerland, UK, Hong Kong, Scotland, USA, Venezuela.
This book offers a valuable guide to one of the most challenging areas of commercial law, now frequently referred to as secured transactions, with a focus on Nigerian, Canadian and United States perspectives. A debtor's ability to provide collateral influences not only the cost of the money borrowed, but also in many cases, whether secured lenders are willing to offer credit at all. The book proposes that increasing access to, and indeed, lowering the cost of credit could tremendously boost economic development, while at the same time arguing that this would best be achieved if the legal framework for secured transactions in Nigeria, and of course, any other country with similar experiences, were designed to allow the use of personal property and fixtures to secure credit. Similarly, the creation, priority, perfection, and enforcement of security interests in personal property should be simplified and supported by a framework that ensures that neither the interests of secured lenders nor debtors are hampered, so as to guarantee the continuous availability of affordable credit as well as debtors' willingness to borrow and do business. The book further argues that in addition to the obvious preference for real property over personal property by secured lenders due to the unreformed secured-transactions legal framework in Nigeria, its compartmentalized nature has also resulted in unpredictability in commerce and the concomitant effects of poor access to credit. Through the comparative research conducted in this book utilizing the UCC Article 9 and Ontario PPSA as benchmarks, the author provides reformers with a repository of tested secured-transactions law solutions, which law reformers in the Commonwealth countries in Africa and beyond, as well as the business community will find valuable in dealing with issues that stem from secured transactions.
The book provides an analytical exposition of the law concerning directors' liability for the losses sustained by their companies' creditors, when the directors' companies are in financial distress or become insolvent. It is a detailed one-stop resource for obtaining a good understanding of the law which has developed from legislation and case law. In particular, there is a detailed consideration of what needs to be proved, what defences there are, and what might be the issues of concern for all parties. A doctrinal method is adopted and there is extensive analysis of the relevant legislation and case law. Rather than merely referring to cases to support propositions the discussion considers many of the cases in context and in depth and their relevance to the aim of the book. The book also endeavours to provide views, in a practical way, on aspects of the law and it identifies problems and how they may be addressed. Of interest to legal practitioners and insolvency practitioners alike, the book will in addition be useful to directors, government officials and academics.
This book focuses on various problems arising as a result of China's e-business development. These include e-commerce aspects of the internet industry and e-governance aspects of the presiding agencies. E-privacy and online IPR protection will be of particular interest to readers, as these are important international problems that China has been trying its best to deal with for many years. Each paper in this book presents valuable guidelines and suggestions to allow readers to form a sound understanding of China's e-business development.
This book addresses the increasing overlap between Corporate Social Responsibility (CSR) and law with a particular focus on company law and corporate governance. What is the impact of CSR on company law and corporate governance and, vice versa? How do these systems impact on CSR? Do they enable, require or prevent the socially responsible conduct of companies, for example, through corporate theory, directors' duties or disclosure laws? What is the role of shareholders and directors in the promotion of CSR?The theme of the book ensures a sharing of ideas and experiences globally and internationally for all jurisdictions to consider core legal and social aspects of CSR.
As part of its review of competition law that started in the late 1990s, the European Commission proposes to revise its interpretation and application of the Treaty 's prohibition of abuses of dominant positions. Also, it has instigated a debate about the promotion of private enforcement of EC competition law. On the former subject, the Commission published a Discussion Paper in 2005; on the latter, a Green Paper in 2005, followed by a White Paper in 2008. The chapters in this volume critically appraise the Commission 's proposals, including the most recent ones. The authors also highlight the repercussions of the proposed more economic approach to abuses of dominant positions on private litigants opportunities to bring damages actions in national courts for such abuses.
The international carriage of goods by sea has been regulated by
international conventions. These includethe "International
Convention for the Unification of Certain Rules of Law relating to
Bills of Lading" ("Hague Rules"); the "Protocol to Amend the
International Convention for the Unification of Certain Rules of
Law Relating to Bills of Lading" ("Visby Rules"); and the "UN
Convention on the Carriage of Goods by Sea." They were adopted in
1924, 1968 and 1978 respectively and the transport industry's
commercial needs have since substantially changed. Furthermore the
advent of subsequent regimes has resulted in the uniformity in the
carriage of goods by sea once provided by the Hague Rules being
lost. In order to update and modernize existing regimes the "UN
Convention on Contracts for the International Carriage of Goods
Wholly or Partly by Sea" ("Rotterdam Rules") was adopted on
December 11, 2008 by the UN General Assembly and opened for
signature on September 23, 2009. Since then drafters of the
Rotterdam Rules, academics and practitioners have been publicizing,
discussing, and evaluating the Rules. This book is an effort to
further explore those same goals.
This book provides a comparative perspective on one of the most intriguing developments in law: the influence of basic rights and human rights in private law. It analyzes the application of basic rights and human rights, which are traditionally understood as public law rights, in private law, and discusses the related spillover effects and changing perspectives in legal doctrine and practice. It provides examples where basic rights and human rights influence judicial reasoning and lead to changes of legislation in contract law, tort law, property law, family law, and copyright law. Providing both context and background analysis for any critical examination of the horizontal effect of fundamental rights in private law, the book contributes to the current debate on an important issue that deserves the attention of legal practitioners, scholars, judges and others involved in the developments in a variety of the world's jurisdictions. This book is based on the General Report and national reports commissioned by the International Academy of Comparative Law and written for the XIXth International Congress of Comparative Law in Vienna, Austria, in the summer of 2014.
This book presents comprehensive information on a range of issues in connection with the Fair and Equitable Treatment (FET) standard, with a particular focus on arbitral awards against host developing countries, thereby contributing to the available literature in this area of international investment law. It examines in detail the interpretation of the FET standard of key arbitral awards affecting host developing countries, demonstrating the full range of interpretation approaches adopted by the current investment tribunals. At the same time, the book offers valuable practical guidance for counsels/scholars representing host developing countries in investment arbitration, where balancing the competing interests of the foreign investors and the host developing countries in investment disputes poses a complex challenge. The book puts forward the pressing need for a re-conceptualized interpretation of the FET standard in tune with the developmental issues and challenges faced by host developing countries, recognizing these countries' particular perspectives as an important and relevant aspect of investment disputes (often ignored by the current investment tribunals), while continuing to ensure reasonable protections for foreign investors and therefore serving the needs of the system as whole. The findings presented here will greatly benefit host developing countries engaged in investment arbitration. In addition, the book offers an insightful guide for all researchers whose work involves investment law and investment arbitration issues.
This detailed analysis of the content and configuration of civil codes in diverse jurisdictions also examines their relationship with some branches of private law as: family law, commercial law, consumer law and private international law. It analyzes the codification, decodification and recodification processes illuminating the dialogue between current codes - and private law legislation in general - with Constitutions and International Conventions. The commentary elucidates the changing requirements of civil law as it shifted from an early protection of patrimony to a support for commercial and contractual law. It also explains the varying trajectories of civil law, which in some jurisdictions was merged with religious legal tenets in its codification of familial relations, while in others it was fused with commercial law or, indeed, codified from scratch as a discrete legal corpus. Elsewhere, the volume provides material on differing approaches to consumer law, where relevant legislation may be scattered across numerous statutes, and also on private international law, a topic of increasing relevance in a world where business corporations have interests in multiple jurisdictions (and often play one off against another). The volume features invited contributions from leading scholars in the field of private law brought together for an in depth analysis of the current regulatory attitude in this field of the law in jurisdictions with diverse legal systems and traditions. In current times we are witnessing the adoption of diverging regulatory solutions. Through the analysis of the past and present of private law regulation, the volume unveils the underlying trends and relevance of the codification method across the world.
The planned European legal form Societas Privata Europaea (SPE) is a limited liability company of a closed group of shareholders, and thus is comparable to the German GmbH. At the European-level, the SPE serves as a supplement to the European Limited Liability Company (SE), which proved to be too difficult for small and medium-sized companies for various reasons. The SPE will be introduced on the basis of a European regulation, the content of which has been largely agreed to by the member states.
Every ten years ICAO holds a worldwide air transport conference. The most recent such event - the 6th Worldwide Air Transport Conference (ATConf/6) - was held in Montreal from 18 to 22 March 2013. The questions posed by this book are: are the "clerical and administrative tasks" for ICAO which were decided on by ATConf/6 (and other preceding conferences) sufficient to meet the needs of the people of the world for safe, regular, economical and efficient air transport? Should ICAO not think outside of its 67-year-old box and become a beacon to air transport regulators? In other words, shouldn't the bottom line of ICAO's meaning and purpose in the field of air transport be to analyze trends and guide the air transport industry instead of continuing to merely act as a forum for global practitioners to gather and update information on their respective countries' policies for air transport? Shouldn't ICAO provide direction, as do other agencies of the United Nations? This book addresses ICAO's inability, unlike most other specialized agencies in their missions, to make a tangible difference in air transport development, through a discussion of key issues affecting the air transport industry. It also inquires into the future of air transport regulation. "
A sourcebook to be used by policymakers, regulators, licensees, and consumers who wish to gain a better understanding of the regulation of the major professions and occupations within the 50 states. Topics covered include licensing restrictions, board disciplinary activities, and current licensure trends. The limited available literature on the subject of licensure demonstrates that state professional and occupational licensure boards play a critical role in protecting the public from unqualified and unscrupulous practitioners. The primary responsibility of the boards is to protect consumers by ensuring that practitioners meet established criteria for admission, maintain competency, and adhere to ethical and practice standards. Among the major issues explored are the historical development of licensure, licensing restrictions, public participation in licensure board functions, board disciplinary activities, current licensure trends, and other forms of regulation. This book also provides references and brief summaries of other works of interest and identifies the type of regulation the various states employ to monitor members of the major professions and occupations.
This text reviews significant legal developments in international commerce and offers a forum for legal practitioners to address and compare practical legal issues of direct interest to their areas of specialization. Each volume of the Yearbook features a range of articles written for and by leading practitioners and advisors working within the international business sector. It contains sections on banking and finance, company law, trading practices and general commercial issues. Financial issues such as foreign investment and taxation are covered, together with the topic of documentary credits and several banking issues. In the company law section, subjects such as liquidation, shareholdings and directors' rights and liabilities are discussed. The heading of general commercial issues covers such topics as the shipping of goods, timeshare agreements, forfeiture of property, standardized contracts and intellectual property.
The Yearbook reviews significant legal developments in international commerce and offers an important forum for legal practitioners to address and compare practical legal issues of direct interest to their areas of specialisation. Each volume of the Yearbook features a comprehensive range of articles written for and by leading practitioner's and advisers working within the international business sector. This eighteenth volume of the Comparative Law Yearbook of International Business contains chapters on the law relating to banking, competition, dispute settlement, foreign investment and secured transactions, as well as general commercial issues facing international businesses. A large section is devoted to the various laws and regulations governing investment and the operating of companies in foreign countries, which should be of great interest to anyone involved with the business of multi-jurisdictional organizations. Also, banking regulations and the need to obtain security over transactions are important considerations when operating abroad. Other important issues covered in the general section of this volume are those of product safety, restraint of trade, clauses in employment contracts and the remedies available to foreign sellers of goods. All the above topics contribute to making this volume of the Yearbook a valuable tool for international legal practitioners and their clients. |
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