Law Commons^™

Csmysore Newsletter, Cs. Sunil Kumar B.G., Csmysore E-Group

Sunil B.G. & Associates

This Contains the latest updates on various topics relating to corporate professionals and also contains useful articles

Relational Contract Theory And Management Contracts: A Paradigm For The Application Of The Theory Of The Norms, Michael Diathesopoulos

Michael Diathesopoulos

This paper examines management contracts as a paradigm for the application of relational contracts theory and especially of the theory of contractual and relational norms. This theory, deriving from Macauley's implications, but structured and analysed by I.R. MacNeil gives us a framework for the explanation and understanding of contractual obligations and business relations' rules and practice. After presenting the key literature about the norms theory and especially defining the content of MacNeil's norms, we define management contracts as relations, characterised by a high relational element and we explain why, investigating all their features, which make them a suitable object for …

La Globalización De La Legislación Cambiaria, Bruno L. Costantini García

Bruno L. Costantini García

No abstract provided.

Tutela De Los Terceros Contratantes A Título Oneroso Y De Buena Fe Frente A Los Negocios Jurídicos Anulables. A Propósito De Los Efectos Retroactivos De La Declaración De Nulidad Ex Artículo 222º Cc., Alan A. Pasco Arauco

Alan A. Pasco Arauco

No abstract provided.

What’S Software Got To Do With It? The Ali Principles Of The Law Of Software Contracts, Juliet Moringiello, William Reynolds

Juliet M Moringiello

In May, 2009, the American Law Institute (“ALI”) approved its Principles of the Law of Software Contracts (“Principles”). The attempt to codify, or at least unify, the law of software contracts has a long and contentious history, the roots of which can be found in the attempt to add an Article 2B to the Uniform Commercial Code (“UCC”) in the mid-1990s. Article 2B became the Uniform Computer Information Transactions Act (“UCITA”) when the ALI withdrew from the project in 1999, and UCITA became the law in only two states, Virginia and Maryland. UCITA became a dirty word, with several states …

Derecho Y Literatura, Jose R. Nina

Jose R. Nina Cuentas

Anotaciones sobre el significado de la creatividad literaria en el estudio y la aplicación del Derecho

Tratos Preliminares Y Su Ruptura: Un Ejercicio De Comparative Law And Economics, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

El objetivo de la presente nota se centra en evidenciar, a colacion del analisis de las reglas de responsabilidad precontractual en los sistemas estadounidense y peruano, la utilidad del comparative law and economics. Para tales efectos se tomara en cuenta la influencia de las reglas de responsabilidad en la creacion de incentivos de inversion en los sujetos involucrados en una tratativa.

Nova Norma Traz Rapidez A Ofertas Públicas E Esclarece Política De Divulgação De Informações, Luiz Rafael De Vargas Maluf

Luiz Rafael de Vargas Maluf

No abstract provided.

Protección De Datos Personales, Bruno L. Costantini García, Norma E. Pimentel Méndez

Bruno L. Costantini García

Introducción a la regulación de la protección de datos personales en México.

Making Debtor Remedies More Effective, Melissa B. Jacoby

Melissa B. Jacoby

Commissioned for a conference on credit markets at Harvard Business School in February 2010, this paper explores functional system design and the role of lawyers and intermediaries in providing debtor remedies in a complex legal system. The thesis of this paper, which proceeds in the “law and society” tradition, is that the location of a remedial right within the debtor-creditor system substantially affects the costs and benefits of the remedy for debtors, creditors, the system, and society. In other words, merely adding specific substantive provisions does not directly translate into actual protection. Relatedly, policymakers must recognize that lawyers and other …

Libertad Contractual Y Buena Fe En Nuestra Corte Suprema De Justicia, Fort Ninamancco Córdova

Fort Ninamancco Cordova

No abstract provided.

India’S Foreign Direct Investments Policy In The Defence Sector, Ved Prakash

VED PRAKASH

India is among the world's top 10 spenders on defence. Currently, India allows only 26 per cent Foreign Direct Investments (“FDI”) in the Defence Sector. The Indian Government is considering a proposal to allow 100 per cent FDI into the Defence Sector.

The Lingering Influence Of Richard Ii And Lord Coke In The American Admiralty, Graydon S. Staring

Graydon S. Staring

It must be fair to say that a useful commercial and legal regime should be spread as wide as its usefulness, with as few artificial and irrelevant barriers as possible. All of our irrelevant barriers have been discredited in various situations, but two of them, viz. as to contracts made on land or to be performed in part on land, remain anomalously in two irrational and inconvenient applications. As they have no statutory sanction, they can be corrected by the courts, just as they have nullified them both in other situations and rationalized the jurisdiction in other respects. Cease the …

Paternalismo Libertario: ¿Un Oximoron O Una Solucion A La Bounded Rationality?, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

Como consecuencia de los descubrimientos realizados por los psicologos cognitivos, un sector de economistas y juristas se ha comenzado a cuestionar sobre si es posible (y cómo) aprovechar los sesgos y defectos cognitivos de los agentes economicos con el objeto de lograr que se tomen decisiones eficientes. ¿Es, como señalan sus propulsores, una forma de paternalismo libertario? o ¿tales terminos son del todo antagonicos?

En Caso De Duda Se La Tiene Por... ¿Facultativa?: Un Error Mas A La Lista Del Legislador Peruano, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

En la presente nota se expone como el legislador peruano en un rapto de originalidad promulgo una norma por la que se sostiene que en caso de duda sobre si una obligacion es alternativa o facultativa se la tendra por facultativa. El inconveniente de una regla de este tipo es que no existe manera en que el operador juridico llamado a resolver la controversia interprete cual de las prestaciones enunciadas en el contrato debera ser considerada in obbligatione (de lo contrario no existiria duda sobre la calificación de la obligación).

Implicancias De La Prescripción De La “Accion” De Nulidad Sobre Los Negocios Juridicos Nulos, Alan A. Pasco Arauco

Alan A. Pasco Arauco

No abstract provided.

Comparative Law And Economics: Algunos Apuntes Preliminares, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

El analisis economico del derecho se ha erigido como una herramienta para que el jurista prevea o explique el efecto de una regla en el comportamiento de los agentes economicos. Sin embargo, y pese a la utilidad de saber si la regla asumida en cierto sistema juridico ha sido eficiente, nada nos dice sobre si la circulacion o trasplante de tal regla en otro sistema generara el mismo efecto. Es a preguntas de este tipo, entre otras muchas, a las que pretende dar respuesta el comparative law and economics.

Derecho De La Seguridad Social En México, Bruno L. Costantini García

Bruno L. Costantini García

Breve presentación del Derecho de la Segurida Social en México.

¿Qué es?

¿Cómo funciona?

¿Su aplicación?

False Imprisonment As A Tort In India, Hari Priya

Hari Priya

The tort of false imprisonment is one of the most severe forms of human rights violation, and this paper aims to define and to understand the concept of false imprisonment as a tort in India. It also seeks to know about the evolution of the notion of false imprisonment as a tort, with reference to Indian and foreign cases, and understand who and when can one be held liable for the tort of false imprisonment. It further deals with the remedies available for the said tort.

Comentario Al Libro "Codigo Civil: Derecho De Sucesiones", Tomos I, Ii Y Iii Del Profesor Cesar Fernandez Arce, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

En el presente comentario se efectua un brevisimo analisis de las posturas teoricas asumidas por el profesor Fernandez Arce en lo concerniente al testamento. Por tal motivo, se intenta resaltar las influencias de dichas posturas teoricas así como el fundamento historico de algunas de ellas.

The Productive Tension Between Official And Unofficial Stories Of Fault In Contract Law, Martha M. Ertman

Martha M. Ertman

Officially Contract law ignores fault. However, an unofficial story complements the official one, and explains why fault occasionally slips into contract law through doctrines such as willful breach. This chapter of FAULT IN AMERICAN CONTRACT LAW (Omri Ben-Shahar & Ariel Porot, eds, Cambridge U. Press, forthcoming 2010) argues that the official and unofficial stories operate in productive tension to both facilitate ex ante planning and, when necessary, look backward at reasons for breach to reach a just result. The occasional presence of fault in contract law, in this view, represents merely one more instance of the common doctrinal pattern of …

Behavioral Law And Economics: Una Aproximacion Inicial, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

El objetivo de la presente nota se centra en la apretada exposicion de algunos de los postulados fundamentales del behavioral law and economics, los cuales han sido construidos no solo atendiendo a aspectos de la economia neoclasica sino que han sido enriquecidos con las propuestas de la psicologia cognitiva. A renglon seguido se dara un brevisimo recorrido a las posibilidades aplicativas de esta metodologia de analisis para el campo juridico.

Del Homo Economicus Al Homer Economicus: Breves Apuntes Sobre El Behavioral Law And Economics, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

La presente nota tiene como modesto objetivo exponer brevemente los postulados tanto de la teoria economica de la eleccion racional cuanto los de la economia conductual. Con ello se pretende ofrecer al lector una ligera vision de las posibilidades de aplicación de las teorias economicas en el Derecho, en especial si es que ellas aprehenden la realidad humana con sus limitantes y complejidades. A tal efecto se expone el transito del modelo del homo economicus, propio de la economía neoclasica, al homer economicus, sugerido por la economía conductual.

Taming The Unruly Horse! Contractual Illegality And Public Policy: Fitzgerald V Fj Leonhardt Pty Ltd, Jay Forder

Jay Forder

Extract: FJ Leonhardt Pty Ltd (the "driller") sued for payment under a contract to drill for water. The contract had been performed without all the necessary permits. This was through no fault of the driller - he had complied with the requirements as implemented by the Water Authority at the time. While the contract was perfectly legal when formed, the question is whether it is to be rendered unenforceable because its performance unwittingly breached a statutory requirement of obtaining a prior permit. There is a line of authority which suggests that even where a contract is illegal as performed, it …

The Montana Supreme Court's Not-So-Subtle Assault On Arbitration, Anna Conley

Anna Conley

No abstract provided.

Failed Synallagmatic Contracts : Appraisal Of The Maxim "The Party Who Has Control And Can Insure Against The Loss Should Shoulder The Risk", Aimite Jorge

Aimite Jorge

The current position in South African law on enrichment situations arising from "failed agreements" is that "if you have received a performance in terms of a contract which subsequently fails for whatever reason, you give it back if you still have it; if you cannot give it back, you are absolved, unless you were culpable in relation to the loss". Daniel Visser, however, challenges this approach and proposes a new one in his recently published book, Unjustified Enrichment (2008). This article evaluates both this position and the newly suggested approach and it argues that in cases of failed synallagmatic contracts …

Business Tax In Nigeria: The Controversy Of Multiple Taxation, Humphrey Onyeukwu

Humphrey Onyeukwu

Doing business in Nigeria is ranked 125th in the world out of 183 economics by the latest ranking of the World Bank. A major parameter for this assessment is using the incidences of regulatory controls and taxation of business activity to determine the ease of doing business in Nigeria. The controversy of multiple taxations has become one of the constraints of businesses in Nigeria due to overlaps of the various tiers of government taxing rights on business entities.

Nigeria practices fiscal federalism in which the fiscal responsibility of government is based on a three-tiered tax structure divided between the federal, …

Who Is Afraid Of Nigeria's Petroleum Industry Bill?, Humphrey Onyeukwu

Humphrey Onyeukwu

The Petroleum Industry Bill (PIB) has drawn different emotions from the stakeholders since it came into the public domain. The PIB proposes fundamental reforms of the Nigeria’s oil industry and is anchored on five major goals namely creation of new regulatory institutions, transformation of upstream contractual agreements, new fiscal regime, downstream sector deregulation, government participation in the industry and transparency in contractual agreements.

However, the scepticism shrouding the provisions of the bill is not helped with the recent media reports that oil companies are threatening to sue the federal government over the Bill’s purported retroactive agenda. The disclosure by the …

The Deepwater Horizon Spillage And Lessons In Liability Claims For Nigeria, Humphrey Onyeukwu

Humphrey Onyeukwu

The recent catastrophic Deepwater Horizon rig explosion and resultant spill, offshore Louisiana, USA awakened the world once again to the environmental hazards of oil explorations. Although the causal factor for the Deepwater Horizon spill is speculated, human error appears the consensus of experts who have tried reconstructing the events of that fateful day. The possible cause of the explosion will certainly be a controversial issue in a long time but the effects of the spillage on human, aquatics and environmental costs are very evident. There are several lingering questions from developments of the deepwater tragedy that set the tone for …

The Nigerian Local Content Act: Is It The Game Changer?, Humphrey Onyeukwu

Humphrey Onyeukwu

The passage into law of the Nigerian Local Content Bill is one of the significant developments for domesticating the oil industry through local value additions. The bill received presidential assent on 22nd April 2010 and created a Law to provide for the development of indigenous content in the Nigerian Oil and Gas Industry. Previous acts of governments had made feeble policy attempts at developing a local content framework for the industry and the fanfare associated with the recent enactment into law of the Nigerian Local Content Bill is very understandable.

Nigeria is the world's eighth-biggest oil exporter and relies on …