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Full-Text Articles in Law

Bankruptcy Law And Inefficient Entitlements, Irit Haviv-Segal Oct 2004

Bankruptcy Law And Inefficient Entitlements, Irit Haviv-Segal

ExpressO

The question as to the justification of bankruptcy law remains unanswered. The literature tends to emphasize the conflict and inability to compromise between the different normative outlooks of the insolvency law system. A deeper reflection on the existing theories of bankruptcy law reveals, however, that all theories share the same starting point: All theories share the understanding that efficiency considerations justify the enforcement of contractual bankruptcy arrangements. When the social theories call for increased levels of coercion and redistribution, these theories rely on normative considerations of distributive justice and rehabilitation values. They by no means rely on efficiency grounds. This …


La Rendición De Cuentas En El Fideicomiso, Carlos Molina Sandoval Feb 2004

La Rendición De Cuentas En El Fideicomiso, Carlos Molina Sandoval

Carlos Molina Sandoval

Una de las obligaciones fundamentales del fiduciario es rendir cuentas de su gestión. Expresamente lo impone la ley 24441 aún en ausencia de disposición contractual; por el contrario, directamente la impone como una obligación imperativa. El art. 7, ley 24441, en su parte pertinente, dice que el contrato no podrá dispensar al fiduciario de la obligación de rendir cuentas, la que podrá ser solicitada por el beneficiario conforme las previsiones contractuales. Y agrega que en todos los casos los fiduciarios deberán rendir cuentas a los beneficiarios con una periodicidad no mayor a un año.


On Proof Of Preferential Effect, Rafael I. Pardo Jan 2004

On Proof Of Preferential Effect, Rafael I. Pardo

Scholarship@WashULaw

This Article presents a comprehensive analysis of the manner in which the trustee of a debtor's estate may satisfy his burden of proof to demonstrate the preferential effect of a prebankruptcy transfer from a debtor to a creditor. The proposed framework, if adhered to by courts, will create a uniformity that gives preference law its proper reach and thereby reinforces its primary goal: equal treatment of similarly situated creditors (the equality principle). After examining the historical developments that have made a trustee's evidentiary burden administratively less complex, the Article discusses the Ninth Circuit's decision in Batlan v. TransAmerica Commercial Finance …