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Full-Text Articles in Law
Towards A Payments System Law For Developing And Transition Economies, Raj Bhala
Towards A Payments System Law For Developing And Transition Economies, Raj Bhala
Faculty Publications
This paper examines the legal foundations of large-value credit transfer systems and the importance of certainty, efficiency, and fairness in funds transfer law. A case study is presented to highlight key terminology and concepts. Thereafter, five particularly noteworthy legal rules are discussed in the context of the case study: (1) a rule defining the scope of the law; (2) a rule establishing when the rights and obligations of parties to a funds transfer are triggered; (3) a receiver finality rule; (4) a rule assigning liability for interloper fraud; and (5) a money-back guarantee rule, coupled with provisions on discharge. Finally, …
Introduction: The Context For Innovation In Japan, Comparative Competitive Aspects, Peter M. Gerhart
Introduction: The Context For Innovation In Japan, Comparative Competitive Aspects, Peter M. Gerhart
Faculty Publications
Introduction to Thomas J. Klitgarrd's "Context for the Innovation in Japan: Comparative Competitive Aspects and Some Practical Comments."