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- Contract law; impossibility doctrine; law and economics (1)
- Image and Likeness; NIL; NCAA; College football; student-athlete; COVID-19; Nationa Collegiate Athletic Association; Fair Pay to Play Act; California Statute SB206; Gavin Newsom; Carnegie Foundtion; college football; intercollegiate sport; amateurism; scholarship; Sherman Antitrust Act; monopoly; Standard Oil v. U.S.; NCAA v. Board of Regents; market; videogames; archival footage; licenses; group licenses; Commerce Clause; Dormant Commerce Clause; NCAA v. Miller; contract; legislation; implementation; independent third party; clearinghouse; negotiate; appeal; title IX; (1)
- O'Bannon v. NCAA; Sherman Anti-Trust Act; Name (1)
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- Silk Road; China; Asia; Economic Corridor; Infrastructure development; project; financing; debt; equity; Public-private partnership; Build-Own-Operate; debt-trap; framework; regulatory; debt-distress; banks; commercial loans; trade; project-to-project risk; public sector; private sector; risk allocation; interconnected; series; interational organizations (1)
Articles 1 - 4 of 4
Full-Text Articles in Law and Economics
Directors’ Duty Of Care In Times Of Financial Distress Following The Global Epidemic Crisis, Leon Yehuda Anidjar
Directors’ Duty Of Care In Times Of Financial Distress Following The Global Epidemic Crisis, Leon Yehuda Anidjar
Brooklyn Journal of International Law
The global COVID-19 pandemic is causing the large-scale end of life and severe human suffering globally. This massive public health crisis created a significant economic crisis and is reflected in a recession of global production and the collapse of confidence in the functions of markets. Corporations and boards of directors around the world are required to design specific strategies to tackle the negative consequences of the crisis. This is especially true for small and medium-sized enterprises (SMEs) that suffered tremendous economic loss, and their continued existence as ongoing concern is under considerable risk. Given these uncertain financial times, this Article …
The Modern Pay For Play Model: Laws That Protect Student-Athletes' Fundamental Right To Commercialze Their Names, Images, And Likeness, Paul A. Schwabe Jr.
The Modern Pay For Play Model: Laws That Protect Student-Athletes' Fundamental Right To Commercialze Their Names, Images, And Likeness, Paul A. Schwabe Jr.
Brooklyn Journal of Corporate, Financial & Commercial Law
In O’Bannon v. NCAA, the United States District Court for the Northern District of California entered a permanent injunction against the National Collegiate Athletic Association enjoining the collegiate sports governing body from enforcing limits on student-athlete compensation derived from the use of their name, images, and likenesses rights. The court concluded that NCAA rules unreasonably restrained trade in violation of the Sherman Anti-Trust Act, however, neither the court nor the NCAA laid out a framework for lawfully implementing these new economic rights to student-athletes. Since that ruling, only one state’s legislature, California, has attempted to pass legislation to prevent the …
China's Belt And Road Initiative: An Examination Of Project Financing Issues And Alternatives, August Nelson Dinwiddie
China's Belt And Road Initiative: An Examination Of Project Financing Issues And Alternatives, August Nelson Dinwiddie
Brooklyn Journal of International Law
In 2013, China launched the Belt and Road Initiative (BRI) to realize the vision of revitalizing the ancient Silk Road. The BRI can be characterized as a vast infrastructure development initiative spanning over sixty-five countries that total almost half of the world's GDP. Since its launch, BRI projects have primarily been financed through commercial loans provided by Chinese banks, creating concerns over debt sustainability. At the top of these concerns are fears over whether participation in the BRI will lead to a "debt-trap scenaro." Public-Private Partnerships (PPPs) provide an alternative financing option. In project development under a PPP, particularly the …
The Impossibility Doctrine In Commercial Contracts: An Empirical Analysis, Uri Benoliel
The Impossibility Doctrine In Commercial Contracts: An Empirical Analysis, Uri Benoliel
Brooklyn Law Review
The impossibility doctrine – under which a contracting party has no duty to perform the agreement if performance thereof is rendered impossible – is a basic building block of U.S. contract law. The prevailing law-and-economics analysis of this doctrine suggests that when contract performance becomes impossible, courts should assign the contractual risk of non-performance to the superior risk bearer, i.e., to the party that can bear said risk at least cost. This article empirically tests, for the first time, the economic theory of the impossibility doctrine. It first hypothesizes that most sophisticated parties to commercial contracts are unlikely to adopt …