Alternative assets have become popular in recent years, mainly because they offer superior returns and are uncorrelated to traditional markets. Legal finance also called lawsuit funding, lawsuit loans, pre-settlement funding, tort advances, plaintiff advances, litigation finance, litigation financing, litigation funding or dispute finance refers to investments in lawsuits. Written by a renowned expert, this book is essential reading for investors, consumers, lawyers, policymakers, business executives, and anyone who can benefit from having a clear and comprehensive framework for understanding this industry and its capacity to create more balanced and provident legal systems around the world. Join us as we explore this new market and examine the industry s most poignant issues.

This book contains all the legal forms and guides to protect anyone involved in or considering entering into partnership with another.

This study provides a conceptual framework for the analysis of the questions of out-of-court debt restructuring from a policy-oriented perspective. The starting point of the analysis is given by the World Bank Principles for Effective Insolvency and Creditor Rights Systems. The study offers an overview of out-of-court restructuring, which is not seen as fundamentally opposed to formal insolvency procedures. Actually, the study contemplates different restructuring techniques as forming a continuum to the treatment of financial difficulties. Thus, from the purely contractual - or informal - arrangements for debt rescheduling between the debtor and its creditors, to the fully formal reorganization or liquidation procedures, there are numerous intermediate solutions. In the study, these solutions are identified by the terms of enhanced procedures -where the contractual arrangements are supported by norms or principles for workouts; and hybrid procedures -where the contractual arrangements are supported by the intervention of the courts or an administrative authority. The study discusses the advantages and disadvantages of all the debt restructuring techniques, and concludes, in this regard, that a legal system may contain a number of options - a menu - that can cover different sets of circumstances. In the end, the law may offer a toolbox with very different instruments that the parties may use depending on the specific facts of the case. A substantial part of the study is devoted to the analysis of the enabling regulatory environment for out-of-court restructuring. It is evident that debt restructuring does not operate in a vacuum: in fact, the general legal system influences and to a certain extent determines the possibilities for debt restructuring in any given jurisdiction. The study provides a checklist that can be used to examine the features of a legal system that bear a direct influence on debt restructuring activities. The different characteristics of informal restructurings, and of enhanced and hybrid debt restructurings are covered by the study. The different approaches to debt restructuring aim at combining the advantages of an informal approach with the advantages of formal procedures: especially, the existence of a moratorium on creditor actions and the binding effects of creditor agreements concluded within the insolvency process.

The life science industry has experienced a large increase in size and convergence of traditional industries. This has resulted in a reduction of the space to operate for start-up biotech companies, and in innovative ways to solve the challenges. The purpose of this book is to investigate four aspects in relation to personalized medicine based on stem cells - the current IP landscape, the path to market, the possibility to generate protection around the personalized part of the medicine and the commercialization of the product. This has been analyzed by conducting a case study of a start-up biotech company in combination with literature studies and discussions with professionals within the field. The outcome of the analysis shows that the current landscape creates great hurdles for biotech companies but that there still are good opportunities to reach market within the field for personalized medicine. Conclusions that can be drawn are that personalized medicine offers viable alternatives and that the role of intellectual property should not be underestimated.

In today's global market place, companies are struggling to adapt to the emerging knowledge economy. Enforcement of patent rights is often complicated, expensive and time consuming; something which could leave the full potential of the patent protection unexploited. The use of patents needs to be efficient in order for the company to extract maximum value from these rights. A pro-active enforcement strategy is needed to ensure that the company is utilizing their patents to the fullest extent, in order to extract the most value. By outlining the judicial framework surrounding patent infringement in four different jurisdictions, a more clear understanding of risks and benefits can be discovered. The understanding of these differences that exist between these jurisdictions will ensure that companies locate their resources to the most efficient areas when enforcing and utilizing patents. By examining the approach companies have towards the use of their patents, some key areas when dealing with patent litigation strategy were assessed and a framework assisting a company to utilize its IP more efficiently was constructed.

The informal sector in West Africa has some distinctive characteristics. Informality usually connotes small and unorganized producers operating on the fringes of the formal economy. In West African countries, however, the normal situation is to some extent reversed: a dynamic informal sector dominates the stagnant formal economy. Moreover, in these countries, small operators coexist with very large and politically well-connected informal enterprises and well-organized networks. Notwithstanding its importance, there have been relatively few systematic studies of this dual feature of the informal sector in West Africa, and consequently too little is known about it. One of our hypotheses is that determinants and appropriate policy responses are likely to differ between "large" and "small" informal operations. This volume focuses on the urban informal sector in three capital cities: Dakar (Senegal), Cotonou (Benin) and Ouagadougou (Burkina Faso). These three countries have important differences and as a group, are quite representative of francophone West Africa and to a lesser extent West Africa as a whole. The authors use a mix of quantitative and qualitative approaches with data obtained from our new Bank surveys of 900 firms in the three cities, interviews with knowledgeable stakeholders and participants, and all available secondary data. For the surveys, the authors designed their sampling strategy to include three distinctive categories of firms: formal, small informal, and large informal. In addition, they developed a comprehensive definition of informality to reflect its complexity and heterogeneneity. The definition (Chapter 1) covers six components of informality, whereas previous definitions are generally limited to a binary classification based on one or two indicators. The results for West Africa corroborate many findings from earlier studies, particularly for small informal firms. In addition, the authors break new ground by shedding light on the large informal sector and the influence of institutional and socio-cultural factors in shaping the informal sector.

Legal Duties of Fiduciaries examines the structure, principles, themes and objectives of fiduciary law. Law is populated by fiduciaries. They appear in contract, tort, corporate law, agency, partnership, criminal law, environmental law, employment law, property and procedure, and constitutional law. Like family members, fiduciaries are similar yet distinct. Rarely are fiduciaries viewed as a group in a systematic manner. The purpose of this book is to study them together and examine fiduciary law's reach and its limits as one category.

Master's Thesis from the year 2009 in the subject Law - Civil / Private / Trade / Anti Trust Law / Business Law, grade: gut, Tilburg University (Faculty of Law), course: International Business Law, language: English, comment: Benotung in NL 8,0 (entspricht "gut"), abstract: The ENIC judgement of the Court of Arbitration for Sports clarified in 1999 that the UEFA regulations on multi-club ownership are necessary to maintain the integrity of football, in particular, the authenticity of results. Under the UEFA regulations, controlling interests in more than one club participating in a UEFA club competition are prohibited. However, it is not only multi-club ownership that may influence the so-called integrity of the game. Investments of clubs in other clubs (cross ownership) and shareholdings of "club-involved" persons in a club different from their own also raise issues. The following paper therefore examines the current regulations on those shareholdings for UEFA competitions (Champions' League and Europa League) and for national leagues in England, Spain, and Germany. The analysis provides a detailed overview of how the game's integrity is protected and shows whether improvements seem necessary.

MS. DANIE VICTOR, ESQUIRE HAS BEEN PRACTICING LAW AND LECTURING WORLDWIDE ON A VARIETY OF TOPICS SINCE 1991. ALL REQUESTS MUST BE SUBMITTED VIA FACSIMILE ONLY: 772-283-2331

The Transformation of Wall Street is a comprehensive and insightful historical analysis of the Securities andamp; Exchange Commission from the perspective of a leader in securities regulation. The Transformation of Wall Street offers an in-depth look at the history of the SEC's origins, accomplishments, and failings since its creation in 1934. Each chapter in the book takes historical look at the tenure of the various SEC chairmen. The first edition, published in 1977, covered the SEC through the Nixon-Ford presidential administration. A revised edition was published in 1995, updating the book through 1992. Now, the third edition continues the history until 2001, the end of Arthur Levitt's Chairmanship, with a treatment of auditing issues through the enactment of the Sarbanes-Oxley Act (July 2002). In this revised edition, author Joel Seligman draws on unpublished SEC files and extensive personal interviews to provide a comprehensive examination of the origins, accomplishments, and failings of the SEC and its leaders, from the creation of the SEC in 1934 to the present. The new material, among other things, addresses: The Private Securities Litigation Reform Act, which has had a significant impact on private securities litigation after its passage in 1995 The structure of the securities markets (which are in an important transition because of Electronic Communications Networks; decimalization; international competition; and the continuing evolution to greater institutionalization of our markets as well as the growth of several new products, most recently security futures products) Municipal securities markets (which were largely ignored before the recently resigned Arthur Levitt) Several issues with respect to the accounting profession (most notably auditor independence and the independence of accounting standard-setting boards). In addition, this work focuses on Chairman Levitt, whom the author believes was one of the most accomplished of the post World War II chairs, and had the challenge of being a Chair appointed by a Democratic party president during a period when Republicans controlled both houses of Congress as well as a period of extraordinary ferment in the securities market.

The US and EU Comparative Company Law monograph contains the extensive research the author has done on the corporate governance systems of the USA, EU, UK, Germany, France, Slovenia and some other countries of the EU and out of EU. It analyses the differences and similarities, advantages and disadvantages, of the US single board or one-tier system in comparison with the European two-tier corporate governance systems. Following an in-depth presentation of corporate governance in general, provided with chapters on the general theory on corporate governance, the main opened issues of corporate governance, sources of law, OECD principles of corporate governance and OECD guidelines for state owned enterprises, the book focuses on the types of business organizations and ownership structures both in the US and EU corporations, and then concentrates on explaining and analysing the corporate governance systems in the EU, the USA, the United Kingdom, Germany, France and Slovenia, emphasising the features inherent to each of these systems.

Since the publication of the first edition of this book in 2005, the world of financial investment has experienced an unprecedented boom followed by a spectacular bust. Significant changes have been proposed and in some cases implemented in areas such as the structure of regulation, the organisation of markets, supervision of market participants and the protection of consumers. The second edition takes account of these developments, integrating them into an analytical framework that enables the reader to develop a critical overview of the role of general legal rules and specialised systems of regulation in financial investment. The framework focuses on the role of contract, trusts and regulation as the primary legal influences for financial investment. The first part explores the relationship between investment, law and regulation. The second part examines the nature of investments and investors, both professional and private. The third part discusses the central role of corporate finance and corporate governance in linking investors with enterprises that require external capital. The fourth part examines the nature, operation and regulation of markets and the participants that support the functioning of the markets. The objective remains to provide a broadly-based and critical account of the role of law in financial investment. "MacNeil's eloquent and informative distillation of the regulatory fundamentals of investment law gives his book much international relevance...a timely contribution to help readers decipher the seemingly inextricable maze of financial regulation...Practitioners and legal policy advisers will..welcome it. They should find enlightening the book's careful scrutiny of the trust and contractual foundations of investment law and practice." Benjamin J Richardson Journal of International Banking Law and Regulation, Vol 22 Issue 1, 2007 ...a fascinating and informative book...thoroughly recommended as a learned but at the same time very readable introduction to the law of financial investment Gerard McCormack Banking and Finance Law Review, Volume 21 No 2, June 2006 ...very informative tool that introduces in a very friendly and accessible manner the nearly inextricable world of financial investment laws. Fadi Moghaizel International Company and Commercial Law Review, Vol. 17 No 2, February 2006

This book introduces a dynamic, new framework for using law, litigation, regulation and lobbying as part of competitive business strategy. Every business strategist, entrepreneur, and corporate lawyer needs to understand a basic truth of the modern market -- you must make the legal rules that govern your products and services or one of your competitors will. And it is much easier to stay in business if you are the one writing the rules. Written in a lively style with a host of stories and examples drawn from business history as well as contemporary events, professor G. Richard Shell of the world-famous Wharton School of Business shows how business leaders from Henry Ford and Bill Gates and corporate rivals from Coke to Pepsi have fought and won the battle for legal supremacy.

When corporate governance mechanisms fail, litigation is a tool that shareholders must be able to use in order to enforce their rights and/or to repair the damages caused. Here, the author inquires into the practice and realties of minority shareholder litigation in both France and the UK. In order to gain an insight into the basis that exists for the protection of minority shareholders, the paper starts with a review of the rights conferred to shareholders and the duties held by directors. Following this is an examination of the legal tools offered to minority shareholders in case of abuse by directors and/or controlling shareholders, which reveals key overlaps and discrepancies in both jurisdictions. Ultimately, a balance must be struck between an invasive interventionist approach and a non-interference method. At the same time, the author argues that this must not distract law-makers from ensuring a more efficient system for minority shareholders who are already in a somewhat vulnerable position. The subject matter of the essay is of particular interest since shareholder activism and litigation have drastically increased as a result of the recent credit crisis.

Trust and Honesty in the Real World is a Teaching Course in Law, Business and Public Policy. It is a case study companion to Trust and Honesty, America's Business Culture at a Crossroad by Tamar Frankel (Oxford University Press). The book explores the reasons why business ethics is at a crossroads and what can be done to tip the scales toward trust and honesty. Case studies drawn from real business experiences provide an opportunity to assess and discuss the motivations and actions of business leaders, lawyers and regulators. Recent case histories include the fall of E.F. Hutton, the Enron collapse and the WorldCom fraud.

Collection of Articles on Business Development, Marketing, and Sales for Lawyers

I have confined my Endeavour to study "The Copyright Aspects of the Internet with Special Reference to Piracy." With proliferation of internet it seems obvious that a new kind of copyright violation is challenging the traditional notions of copyright. By and large, despite the difficulties and complexities of addressing copyright violations committed through the Internet, copyrights remain valuable intellectual property in the Internet age. Thus far at least, copyright owners have largely succeeded in protecting their intellectual property despite the proliferation of Internet-based infringements

The concept of well-known trademark though recent development but has attain extreme importance in present scenario. In this market driven economies well-known trademarks play a highly complex role, their functions not remain to indicate origin of goods or services now it appeal to consumers and some of them went to create mythical status for consumers. Taking its importance several efforts have been made to protect it at international as well as domestic level and courts too played important role in it protection. This book, therefore, analyse the meaning and concept of well-known trademarks, protection provided to it at international forum and in Indian Trademark Law along with leading cases of Supreme Court and high courts. It discusses various implications of recognition of well-known trademarks and suggests some measures to be exercise while recognising it. The analysis will help to understand the strategies behind its strong protection and how can these marks be beneficial and detrimental to our national interests.

The Uniform Commercial Code Made Easy marks the first time in the history of legal education that a novel has been used as a vehicle for delivering the content of a substantive body of law; in this case, a pervasive statutory scheme The Uniform Commercial Code, law in all fifty states. Mirroring the factual assumptions upon which the UCC was drafted, The Uniform Commercial Code Made Easy places the application of these laws in concrete and interesting commercial settings where they come to life. Logical reader questions are anticipated, and answered through a variety of communication channels uniquely available to the format chosen: dialogue, memoranda of law, texting and emails, are illustrative. If you are in business, the Uniform Commercial Code directly, impacts your business hundreds, perhaps thousands of times per day. Virtually every phase of a transaction in goods, from sale or lease through financing, is impacted by the laws of the UCC. Of particular significance are those provisions which can literally save a business from going under. These potential landmines need to be identified before they are stepped on. The Uniform Commercial Code Made Easy accomplishes this important task. Consumers should understand the basic laws the surround and govern their purchases leases and financing of goods. They should also understand, as should businesses, the impact of signing a promissory note, how the transfer of that note can affect one 's rights, and how to protect one 's rights when promissory notes are executed. Understanding how to protect your rights in these transactions is both empowering and essential. The mass and complexity of the Uniform Commercial Code has made comprehension and learning the content very challenging. The ease of learning is greatly enhanced by the approach utilized in The Uniform Commercial Code Made Easy. As one prominent attorney and author wrote in a recently published book review: Yes, Virginia, there is a Santa Claus In this case, he comes in the form of former University of Miami School of Law professor Robert M. LeVine, who has made one of the most complicated bodies of law in the United States the Uniform Commercial Code not only comprehensible but entertaining. Tom Shuck, Esq. Past President, Federal Bar Association Federal Bar Association Journal, August 2111 Law students, business students, and CPA 's must know the Uniform Commercial Code. It is essential to graduate from law school and is on the bar examination of every state, and the CPA examination as well. The following are illustrative of testimonials received on The Uniform Commercial Code Made Easy: It 's true. The UCC is just as daunting as it looks, and this book is the key to unlocking its mysteries. Infused with practicality, The Uniform Commercial Code Made Easy combines every day transactions with straightforward law, allowing students to not only navigate the UCC with ease, but also develop a lasting understanding of the material. The Uniform Commercial Code Made Easy 's revolutionary approach to the UCC has extensive application both in and out of the classroom as a resource for professors and a study aid for students. The Uniform Commercial Code Made Easy by LeVine was my key to success in understanding the UCC, and enjoying it Melissa Carroll Stetson University College of Law I was amazed. I never thought it possible to make the UCC interesting but I was wrong. For once I had found a book which made me understand the meaning and interrelationships among sections, and at the same time, I enjoyed reading it. F. William Harvey JD, MBA, Wharton School of Business The knowledge contained in the Uniform Commercial Code is invaluable to anyone in business, or any American who is involved in basic consumer transactions. The Uniform Commercial Code Made Easy creates a pathway to this level in a unique and entertaining manner.

Through extensive data and case analyses, this book examines the scope of the principle of arbitrability in international commercial arbitration. Its particular emphases is on the extent of its applicability on commercial claims, which, though forming part of private dispute settlement agreements by arbitration, have usually remained excluded from the jurisdiction of arbitration tribunals. The book begins with a conceptual study of the principle and its historical development, as well as the underlying considerations generally advanced to support limitations to arbitrability. The main areas covered include; anti trust and competition claims, securities claims, intellectual property claims and bankruptcy disputes. With the aid of recent decisions and case law by courts in the US and accross Europe that cut accross these traditional so called "No go" areas for alternative dispute resolution (ADR) institutions, the author argues that arbitrability is a principle in crisis.

This reprint of an LL.M thesis completed in year 2004 analyses the EC competition law rules on the duty to supply competitors, and in particular the impact of the modern essential facilities doctrine on traditional case law. In an attempt to establish a consistent analytical framework in respect to the question of when and under what conditions a competitor must be supplied, this study suggests that in the future, a clearer distinction should be drawn between cases concerning access to essential facilities and cases involving other factors such as an unwarranted monopoly extension, discrimination or the penalisation of vigorous competition. By examining the repercussions of IMS Health and Microsoft, the study suggests that the relevance of the interventionist essential facilities doctrine is limited to rare cases, including access to unused infrastructures, de facto standards, certain platform technologies or software interfaces.

The ultimate guide to the current rules and regulations that govern the securities industry?including amendments in 2010

Providing readers with expert coverage of domestic securities regulation, this book fills the need for coverage of securities regulations, defining, describing, and explaining everything professionals need to know about domestic securities regulation.Examines the current securities rulesProvides an overview of the latest regulations for this industryIncludes a description of the various government regulations of securities markets, and securities transactions

Since the corporate scandals of 2002, this industry has seen intense scrutiny of how it is regulated. Regulation of Securities, Markets, and Transactions demystifies the new laws and regulations with straightforward, to-the-point coverage professionals need.