Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 4 of 4
Full-Text Articles in Law and Economics
Is The Contractor More Secure With A Priority Right? A Functional Analysis Of Article 286 Of Prc Contract Law (Chinese Version), Wei Zhang
Wei Zhang
No abstract provided.
Is The Contractor More Secure With A Priority Right? A Functional Analysis Of Article 286 Of Prc Contract Law (English Version), Wei Zhang
Wei Zhang
No abstract provided.
A Preliminary Analysis Of The Amendments To The Japanese Secured Transaction Law, Wei Zhang
A Preliminary Analysis Of The Amendments To The Japanese Secured Transaction Law, Wei Zhang
Wei Zhang
The collapse of the Japanese asset price bubble in the 90's left a record amount of non-performing loans in the nation's financial system. To tackle this unprecedented crisis, both legal scholars and practitioners in Japan advocated for a series of amendments to its secured transaction law to facilitate the enforcement of mortgages by banks. In this paper, based on the state of the post-bubble real estate finance market, I discussed the major drawbacks of the existing Japanese secured transaction system as it was applied in the real estate arena. I commented on the proposed material amendments to the Japanese secured …
The Purge Of Mortgage In Japanese Civil Law, Wei Zhang
The Purge Of Mortgage In Japanese Civil Law, Wei Zhang
Wei Zhang
The purge of mortgage is believed to be one of the few French remnants in the otherwise largely German style Japanese Civil Code. Since the breakdown of Japanese asset price bubble in early 1990s, it has been blamed as one major obstacle to clearing up nonperforming loans held by Japanese banks, and a central target subject to abolishment. In this paper, I analyzed the structural problems existing in the Japanese purge system and also probed the history and social background behind the debates about its abolishment. I proposed that, instead of total abolition, a restructured purge system, in particular getting …