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Full-Text Articles in Law
Caveat Emptor: Lessons From Volkswagen's Lemon Purchase, Terence Lau
Caveat Emptor: Lessons From Volkswagen's Lemon Purchase, Terence Lau
Management and Marketing Faculty Publications
This article traces Volkswagen's mis-steps in the botched acquisition of Rolls Royce, and solutions are offered for counsel engaged in international transactions with the hope that the practitioner with little experience in the area can avoid similarly embarrassing and costly errors. The article also offers recommendations on how to draft contract clauses for international licensing use, and provides a brief overview of export control regimes counsel should be aware of when engaging in international transactions.
A Positive Political Model Of Supreme Court Economic Decisions, Tony Caporale, Harold Winter
A Positive Political Model Of Supreme Court Economic Decisions, Tony Caporale, Harold Winter
Economics and Finance Faculty Publications
We develop a positive political model of the U.S. Supreme Court. Looking at the Court's economic cases for the period 1953-1993, we find a significant larger fraction of conservative decisions under Republican presidents and more conservative leadership of the House and Senate Judiciary Committees. Conservative decisions are also found to be positively correlated with the fraction of the Court appointed by Republican presidents and the rate of price inflation. We argue that our findings cast serious doubt on the common view of the Supreme Court as a completely independent, apolitical institution.