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Full-Text Articles in Law

Disclosure Of Foreign Direct Investment In United States Agricultural Property, Edward C. Brewer, Iii Jan 1979

Disclosure Of Foreign Direct Investment In United States Agricultural Property, Edward C. Brewer, Iii

Vanderbilt Journal of Transnational Law

On October 14, 1978, Congress passed the Agricultural Foreign Investment Disclosure Act, to require reports by foreign persons of their holdings in agricultural property. The Act directs the Secretary of Agriculture to compile data from these reports, and to analyze the effect of foreign investment upon the agricultural economy. In its 1976 survey of foreign direct investment in the United States, the Department of Commerce found that, although sufficient data existed in most areas of the economy to support an assessment of the effect of foreign direct investment, data on foreign ownership of real estate was insufficient. This was attributed …


Taiwan Relations Act: Legislative Re-Recognition, Carl L. Gable Jan 1979

Taiwan Relations Act: Legislative Re-Recognition, Carl L. Gable

Vanderbilt Journal of Transnational Law

The surprise and drama of President Carter's recognition of the People's Republic of China as "the sole legal government of China" have overshadowed the unique legal concepts on which his policy rests. Those concepts impact directly on private trade and investment transactions with Taiwan. They may also sound the death knell for traditional definitions of the term "recognition" in international law and diplomacy.

The recognition of a government such as the People's Republic of China (and the related termination of recognition of the Republic of China government) is a unique hybrid: a political act of the executive branch which directly …


Books Received, C. C. S. Jan 1979

Books Received, C. C. S.

Vanderbilt Journal of Transnational Law

ACCESS TO ENERGY: 2000 AND AFTER

By Melvin A. Conant

Lexington: The University Press of Kentucky, 1979. Pp. 134.

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THE CHEYENNE WAY: CONFLICT AND CASE LAW IN PRIMITIVE JURISPRUDENCE

By K.N. Llewellyn and E. Adamson Hoebel Norman:

University of Oklahoma Press, 1978. Pp. 360.

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CHINESE LEGAL TRADITION UNDER THE MONGOLS: THE CODE OF 1291 AS RECONSTRUCTED

By Paul Heng-chao Ch'en.

Princeton: Princeton University Press, 1979. Pp. 205.

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EUROPEAN CAPITAL MARKETS: TOWARDS A GENERAL THEORY OF INTERNATIONAL INVESTMENT

By Bruno H. Solnik

Lexington, Massachusetts: Lexington Books, 1973. Pp. 114.

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MODERN INTERNATIONAL LAW

By R.C. Hingorani

Oceana: Dobbs …


Foreign Discovery And U.S. Antitrust Policy--The Conflict Resolving Mechanisms, Donald L. Flexner Jan 1979

Foreign Discovery And U.S. Antitrust Policy--The Conflict Resolving Mechanisms, Donald L. Flexner

Vanderbilt Journal of Transnational Law

A look back at the last thirty years of United States antitrust's foreign "voyages of discovery" among friendly nations reveals a picture too often resembling not so much an era of good feeling as a thirty years war. Following hard upon Judge Hand's famous formulation of the "effects" doctrine in Alcoa in 1946 the Antitrust Division conducted a series of investigations in which compulsory process was used to seek documents located in foreign nations. Prodded by what they viewed as U.S. antitrust authorities' impermissible overreaching, the affected countries began to enact defensive "blocking statutes." The passage by Canada's Ontario Province …


Book Reviews, Journal Staff Jan 1979

Book Reviews, Journal Staff

Vanderbilt Journal of Transnational Law

Book Reviews

MERCHANTS OF GRAIN Dan Morgan New York: The Viking Press,1979. Pp. xiv, 387. $14.95.

Reviewed by Leo V. Mayer

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THE DISCIPLINE OF LAW Lord Denning London: Butterworths, 1979. Pp. xxii, 331.

Reviewed by P. F. Ashman


Department Of Justice Opinion Letter, Patricia M. Wald Jan 1979

Department Of Justice Opinion Letter, Patricia M. Wald

Vanderbilt Journal of Transnational Law

The Department of Justice supports the main purpose of these bills, that is, expeditious exposure of, and effective opposition to, secret cartel arrangements supported by foreign governments that cause direct injury in U. S. commerce. The Department of Justice also welcomes support for accelerated efforts toward international resolution of restrictive anticompetitive business practices. However, the Department, for the reasons stated above, recommends against enactment of H.R. 13921 and H.R. 13922 in their present forms.

We do believe the continued exploration and discussion of the need for enactment of a reporting requirement for foreign, governmentally-involved, cartels would be worthwhile. We have …


The Cartel Restriction Act Of 1979: Response To A Global Economic Problem, Albert Gore, Jr. Jan 1979

The Cartel Restriction Act Of 1979: Response To A Global Economic Problem, Albert Gore, Jr.

Vanderbilt Journal of Transnational Law

The potential for workable cartels presently exists in several commodities, and host-countries and multinationals have already initiated or attempted cartel activities in minerals and agricultural goods. The recent success of the OPEC cartel was a significant factor influencing the formation of the uranium cartel by easing corporate and governmental inhibitions against cartel activities. Given the increasing exploitative attitude among developed countries and what has been termed the "irrational solidarity" among developing countries, it is not unreasonable to expect more imitations of OPEC success wherever market conditions would allow a group of producers to extract monopoly rents from consuming nations. Such …