Mergers, Acquisitions, and Other Restructuring Activities: An Integrated Approach to Process, Tools, Cases, and Solutions, Tenth Edition, is the most comprehensive and cutting-edge text available on the subject. Supported by recent peer-reviewed academic research, this book provides many recent, notable deals, precedent-setting judicial decisions, government policies and regulations, and trends affecting M&As, as well as takeover strategies and tactics. Today's policies, politics and economics are reflected in the book's 40 case studies, 90% of which involve deals either announced or completed during the last several years. These cases represent friendly, hostile, highly leveraged, and cross-border transactions in ten different industries, involving public and private firms and those experiencing financial distress. Sections discuss an overview of M&As, key regulations, common strategies and tactics, how managers may choose a business strategy from available options, valuation methods and basic financial modeling techniques, the negotiating process, how deal structuring and financing are inextricably linked, how consensus is reached during the bargaining process, the role of financial models in closing the deal and strategic growth options as alternatives to domestic M&As.

Robert Fritzsch provides an institutional economic analysis of the Great Recession. The author shows that institutions matter as determinants of crisis resilience - however in a different way than predicted by the prominent theories of Olson (1982) and North, Wallis, Weingast (2009), as the crisis was most severe in developed countries with democratic political institutions, rule of law and restrained regulations. The empirical results support theoretical predictions only within the sub-group of developed countries, where rule of law and restrained regulations show a positive association with crisis resilience.

Dieses Buch enthalt eine umfassende Analyse der rechtlichen Pflichten und Gestaltungsmoeglichkeiten zum Schutz vor Risiken und Gefahren fur Voegel, Fledermause und Insekten durch Glas und Licht. Die Anlockwirkung von nachtlichen Lichtquellen auf Insekten sowie die Kollisionen von Voegeln mit Glas sind allgemein bekannt, aber bislang kaum untersucht worden. Aufgrund neuer Forschungserkenntnisse ruckt die Verwendung von Glas und Licht nun starker in den Fokus des Interesses. Diese rechtstatsachlichen Erkenntnisse werden zusammengefasst und erstmals einer umfassenden systematischen Analyse unterzogen. Das Buch arbeitet die Anforderungen des geltenden Rechts an den Schutz vor Risiken und Gefahren fur Voegel, Fledermause und Insekten durch Glas und Licht heraus. Im Mittelpunkt steht dabei die Untersuchung der naturschutzrechtlichen Eingriffsregelung, des FFH-Rechts und des besonderen Artenschutzrechts. Das Buch entwickelt Kriterien, anhand derer sich die Erheblichkeit von Beeintrachtigungen von und Eingriffen in Natur und Landschaft bestimmen lassen, und wertet die von der Rechtsprechung zum besonderen Artenschutzrecht entwickelten Signifikanzkriterien fur nachteilige Auswirkungen von Glas und Licht aus. Ein weiterer Schwerpunkt sind die baurechtlichen Gestaltungsmoeglichkeiten und Vermeidungspflichten der Kommune durch Festsetzungen in Bebauungsplanen. Daneben untersucht das Buch die immissionsschutzrechtlichen Betreiberpflichten zum Schutz vor Lichtanlagen. Im Zusammenhang mit Licht wird der immissionsschutzrechtliche Begriff des Standes der Technik von Vermeidungsmassnahmen konkretisiert und die Verkehrssicherungspflichten von Kommunen zur Beleuchtung der oeffentlichen Strassen und Wege bestimmt. Schliesslich wird auch die Vereinbarkeit von Skybeamern mit Bauordnungs- und Naturschutzrecht gepruft.

Die Planung und Errichtung von Bauwerken ist ein haftungstrachtiges Abenteuer. Neue verbraucherschutzende Normen erhoehen die rechtlichen Anforderungen an Architekten- und Ingenieurleistungen. Erwartungen zahlreicher Beteiligter mit z.T. kontraren Interessen sind zu erfullen: ein risikoreiches Unterfangen. Birgit Brixius zeigt auf, unter welchen Voraussetzungen, in welchem Umfang und wie lange Architekten und Ingenieure fur eigene bzw. Leistungen Dritter haften. Kurz und leicht verstandlich erlautert die Autorin anhand von Urteilen und Beispielen mit vertiefenden Literaturempfehlungen komplexe zivilrechtliche Haftungsfragen. Hierdurch erleichtert sie es Architekten und Ingenieuren, aber auch Bauherren, Haftungsfallen zu umgehen und einen reibungslosen Bauablauf zu gewahrleisten. Die Autorin: Ass. iur. Birgit Brixius verfugt uber fast zwei Jahrzehnte Erfahrung als Rechtsanwaltin. Heute lehrt sie u.a. oeffentliches und privates Baurecht fur angehende Immobilienmanager an der IUBH, einer internationalen, staatlich anerkannten, privaten Hochschule, in Dusseldorf. Ihr Anliegen ist es, anspruchsvolles juristisches Fachwissen auch Nichtjuristen verstandlich zu vermitteln.

Die oeffentliche Hand kann keine Bauleistung vergeben, ohne dass dafur die Regelungen des Vergaberechts eingehalten werden mussen. Die aus einem komplexen Geflecht von Normen und Vorschriften resultierenden Rechte und Pflichten bei der Vergabe von Auftragen werden Praktikern anhand von Ablaufen, Handlungsoptionen und Beispielen in den verschiedenen Verfahrensstadien anschaulich erlautert. Zusatzlich wird der moegliche Rechtsschutz vor den Vergabekammern und Gerichten sowohl ausgerichtet auf den Erhalt der Zuschlagschance dargestellt, aber auch Anspruchsgrundlagen und Voraussetzungen, unter denen Schadensersatzforderungen geltend gemacht werden koennen, beleuchtet. So werden potentielle Auftragnehmer darin unterstutzt, ihre Chancen auf den Angebotszuschlag zu maximieren. Auftraggebern werden Wege zur effektiven und erfolgreichen Durchfuhrung von Ausschreibungen aufgezeigt. Ausgehend von den Gestaltungsmoeglichkeiten der Beteiligten im jeweiligen Verfahrensstadium wird dargestellt, welche Massnahmen zu welchem Zeitpunkt ergriffen werden koennen, um das jeweilige Ziel zu erreichen.

CasebookPlus Hardbound - New, hardbound print book includes lifetime digital access to an eBook, with the ability to highlight and take notes, and 12-month access to a digital Learning Library that includes self-assessment quizzes tied to this book, leading study aids, an outline starter, and Gilbert Law Dictionary.

The objectives of the Seventh Edition are twofold: to help the student understand the substantive law of sales and develop the skills of statutory analysis in the context of a comprehensive statute that contains critical definitions and numerous cross references. The materials consist of cases, text, and problems. The cases are selected because of their effectiveness as teaching materials, presenting difficult legal questions and explaining the business background of the disputes. The notes elaborate on the background and push the student to question the rationale of the court. The problems further explore the soundness of the court's decision and present new issues of statutory analysis for the student to consider. They require the student to dig deeply into the language of the statute and the Official Comments, working back and forth among the various sections that are relevant to solving the problem.

Nach Anspruchsgrundlagen geordnet werden die tatbestandlichen Voraussetzungen aller relevanten Anspruche von Auftraggebern und Auftragnehmern von Planungs-, Objektuberwachungs-, Projektleistungs- und Projektsteuerungsleistungen dargestellt. Ablaufdiagramme und graphische Erlauterungen bieten dem Leser einen schnellen UEberblick und praxisnahe Hilfestellungen. Die vorliegende 2. Auflage berucksichtigt das zum 1. Januar 2018 reformierte Werkvertragsrecht des BGB.

This book makes the Business Associations or Corporations course accessible to students whether or not they already know anything about business. In a conversational tone, the original text and problems emphasize the legal issues that 99% of lawyers will encounter in their professional career. The book is organized around the life-cycle of a business. And while it includes landmark cases, the focus is on the legal issues encountered when starting a business, growing a business, and ending a business. This is the only current casebook for an introductory course in business associations that is co-authored by a business school professor. The book thus consistently and clearly provides students with the business context for understanding the legal issues explored. CasebookPlus Hardbound - New, hardbound print book includes lifetime digital access to an eBook, with the ability to highlight and take notes, and 12-month access to a digital Learning Library that includes self-assessment quizzes tied to this book, leading study aids, an outline starter, and Gilbert Law Dictionary.

The Tenth Edition treats in detail the provisions of Article 9 (Secured Transactions) and updates the material on Articles 3 (Negotiable Instruments), 4 (Bank Deposits and Collections), 4A (Funds Transfers), 5 (Letters of Credit), and 8 (Investment Securities). It takes into account developing case law applying the 2010 Amendments to Article 9, and important developments in federal law governing payment systems, including amendments to Regulation CC. Eleven new cases have been added. While also including new notes, problems, and text, this edition retains the mix of problems and cases present in previous editions. Form agreements are included.

The Tenth Edition treats in detail the provisions of Article 9 (Secured Transactions) and updates the material on Articles 3 (Negotiable Instruments), 4 (Bank Deposits and Collections), 4A (Funds Transfers), 5 (Letters of Credit), and 8 (Investment Securities). It takes into account developing case law applying the 2010 Amendments to Article 9, and important developments in federal law governing payment systems, including amendments to Regulation CC. Eleven new cases have been added. While also including new notes, problems, and text, this edition retains the mix of problems and cases present in previous editions. Form agreements are included. CasebookPlus Hardbound - New, hardbound print book includes lifetime digital access to an eBook, with the ability to highlight and take notes, and 12-month access to a digital Learning Library that includes self-assessment quizzes tied to this book, leading study aids, an outline starter, and Gilbert Law Dictionary.

This book articulates and explores the realities of contemporary international anti-corruption law. As corruption has increasingly become a major topic in international affairs, Liu analyzes the global collaboration against transnational bribery. As China's economic reforms are increasingly articulated in a language of law, governmentality, and anti-corruption, it is essential that scholars, policymakers and legal theorists around the world understand the issues at stake. In this elegant text, Liu lays out the issues clearly, establishes methodologies for analysis, and provides policy proposals for the years to come.

This is one of the first books that comprehensively explains fundamental theories of natural resource and infrastructure public private partnership (NRI-PPP) projects and project finance. NRI-PPP projects and project finance have been adopted in natural resource development, including oilfield development, mine development, and liquefied natural gas production; manufacturing, such as petrochemistry, which uses crude oil; and infrastructure-related projects such as railways, roads, airports, ports, water supply, waste treatment, communications, and electricity. An important concern during negotiations among the various stakeholders is the lack of congruence between theories underlying NRI-PPP projects and project finance and the particular, real-life business considerations of the subject project and lack of understanding of the key theories. Studies that help us understand NRI-PPP projects and project finance have been developed based on economic theories such as contract theory and the economics of law by several distinguished professors. Until now, however, in financial institutions staff in departments that specialize in project finance have developed an understanding of the theories underlying NRI-PPP projects and project finance primarily through on-the-job training during which business points of view were passed on. Principles and theories regarding NRI-PPP projects and project finance have not been taught through textbooks in these firms. In fact, there are only a few books that explain the fundamental theories for actual project structures or actual project finance. This book attempts to fill that gap by making clear the fundamental theories that exist behind the actual projects and project finance in relation to natural resources and infrastructure. Readers of this book will include not only professionals in various private sectors and banks but also those involved in PPP projects in the public sector.

This book offers the first definitive English-language resource on Chinese business law. Written by an authoritative source, the book accurately describes what the business law is and explains legislative intentions underlying the myriad of law, rules, and regulations. Moreover, it provides the most up-to-date information on law, rules, and regulations and contains accurate predictions of the future legislative trend. It is written for readers across the spectrum of both common law and civil law systems. The author's experience as expert counsel to Chinese central governmental legislative functions including the State Council Legislative Affairs Office and the expert editor and translator in chief of the national administrative regulations in business and finance, extensive experience of international legal practice and arbitration, and teaching and research experience in international business law and Chinese law will make this book of interest to lawyers, business people, and scholars.

Focusing on global value chains and their importance to trade, this edited collection explores the strategic role of logistics and supply chain infrastructure in the development of Africa. Skilled authors present critical analysis of the current state of logistics in Africa, and suggest improvements to policy and practice which address the issue of poor trading relationships. This book will engage entrepreneurs, academics and policy-makers interested in international business, raising awareness of the need for better trade infrastructure in Africa in order to ensure the continent's economic development.