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Full-Text Articles in Law

The Volcker Rule's Hedging Exemption, Spencer A. Winters Sep 2012

The Volcker Rule's Hedging Exemption, Spencer A. Winters

Michigan Law Review First Impressions

The comment period for the proposed regulations to be promulgated under the Volcker Rule expired on February 13, 2012. The rulemakers received over 16,000 comments during that period, in what one commentator described as a "fecal storm." Though that description is hopefully an exaggeration, it is safe to say that the Rule's implementation has been contentious. The Volcker Rule, named for former chairman of the Federal Reserve Paul Volcker, is a component of the Dodd-Frank Act, which Congress passed in response to the recent financial crisis. The Rule's statutory provision charges the nation's financial regulators with issuing a body of …


Commentary To Professor Hafner, Annika Tahvanainen Jan 2004

Commentary To Professor Hafner, Annika Tahvanainen

Michigan Journal of International Law

This Comment is a response to Professor Hafner's presentation in which he considered fragmentation as an unavoidable consequence of the increasing number of norms and judicial mechanisms, as well as of the regionalization of international law and the weakening of the state system.


Commentary To Professor Stephen D. Krasner, Jürgen Kurtz Jan 2004

Commentary To Professor Stephen D. Krasner, Jürgen Kurtz

Michigan Journal of International Law

Comment on Professor Stephen D. Krasner's The Hole in the Whole: Sovereignty, Shared Sovereignty, and International Law


Interpreting The Wto Agreements- A Commentary On Professor Pauwelyn's Approach, Joshua Meltzer Jan 2004

Interpreting The Wto Agreements- A Commentary On Professor Pauwelyn's Approach, Joshua Meltzer

Michigan Journal of International Law

In his paper, Professor Pauwelyn argues that pursuant to Article 31(3)(c) of the Vienna Convention on the Law of Treaties (Vienna Convention), the Appellate Body should consider other rules of international law in the interpretation of the WTO Agreements, when that law reflects the "common intentions" of the parties to the WTO. He argues that this does not mean that "all the parties to the WTO treaty must have formally and explicitly agreed, one after the other, to the new non-WTO rule; nor even that this rule must be otherwise legally bind all WTO members; but rather, that this new …


Commentary To Andreas Fischer- Lescano & Gunther Teubner. The Legitimacy Of International Law And The Role Of The State, Andreas L. Paulus Jan 2004

Commentary To Andreas Fischer- Lescano & Gunther Teubner. The Legitimacy Of International Law And The Role Of The State, Andreas L. Paulus

Michigan Journal of International Law

It will come as a surprise to many readers that Professor Teubner presented their fascinating contribution on regime collision to the Michigan Journal of International Law's Symposium on a panel devoted to "the Role of the State in International Law." Indeed, one could not imagine better devil's advocates than Professor Teubner and Dr. Andreas Fischer-Lescano. They propose a radical break with a concept of international law and order based on the autonomous will of Nation-States. Accordingly, legal regulation does not only, if at all, emanate from Nation-States, but from a panoply of other public and, mostly, private actors. Thus, the …


Commentary To Professor Guibernau, Annika Tahvanainen Jan 2004

Commentary To Professor Guibernau, Annika Tahvanainen

Michigan Journal of International Law

Commentary on Professor Montserrat Guibernau's Nations Without States: Political Communities in the Global Age