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Full-Text Articles in Law
The Bankruptcy Ladder Of Priorities And The Inequalities Of Life, Philip R. Wood Qc (Hon)
The Bankruptcy Ladder Of Priorities And The Inequalities Of Life, Philip R. Wood Qc (Hon)
Hofstra Law Review
No abstract provided.
The Pari Passu Interpretation In The Elliott Case: A Brilliant Strategy But An Awful (Mid-Long Term) Outcome?, Dr. Rodrigo Olivares-Caminal
The Pari Passu Interpretation In The Elliott Case: A Brilliant Strategy But An Awful (Mid-Long Term) Outcome?, Dr. Rodrigo Olivares-Caminal
Hofstra Law Review
No abstract provided.
Contracts Meet Henry Ford, Barak Richman
Contracts Meet Henry Ford, Barak Richman
Hofstra Law Review
Legal scholars and legal educators view contracts as a welfare-maximizing (or optimal risk-allocating) device for two or more parties. Because we cling to this principal-driven paradigm, we think of lawyers only as the proverbial “transaction cost engineers,” the loyal agents of parties to a transaction. And whenever we observe contracts that appear to be suboptimal, we blame agency costs.
We instead should apply the literature on organizational economics to understand the production of contracts by the modern law firm. This literature better illustrates how law firms organize, why they produce the products they do, and why those products sometimes exhibit …
The Pari Passu Clause In Sovereign Bond Contracts: Evolution Or Intelligent Design?, Mark L.J. Wright
The Pari Passu Clause In Sovereign Bond Contracts: Evolution Or Intelligent Design?, Mark L.J. Wright
Hofstra Law Review
No abstract provided.