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The aim in this article is to compare effect of financial collateral arrangements under Directive 2002/47 EC. The starting point is the definitions of these contracts provided by the Financial Collateral Directive. The financial collateral arrangements have their historical roots in Roman law....
Persistent link: https://www.econbiz.de/10015214376
The aim of this paper is to investigate whether the She oil company, through investment and crude oil exploration, benefits socio-economic growth in Nigeria in general and in the Niger Delta of Nigeria in particular. In 1998, the United Nations Special Rapporteur's report on Nigeria accused...
Persistent link: https://www.econbiz.de/10015225503
We examine the effects of the legal reform passed in 2012 in Spain to protect mortgage debtors. Under the new regime, it is difficult for low-income debtors who meet certain requirements to be evicted. In the case of default, the bank is forced to offer the debtor a restructuring of the debt, or...
Persistent link: https://www.econbiz.de/10015214022
In this paper a game is used to compare the licensing of a cost reduction innovations under lost profits (LP) and unjust enrichment (UE), both damage rules that are used by courts in the calculation of damages when a patent has been infringed. The market is composed by two homogeneous firms that...
Persistent link: https://www.econbiz.de/10015217913
Hartwick’s rule says that as mineral resources are extracted from the ground, investments in productive assets need to be made to leave future generations with as much assets as the present generation. This article examines whether mining in Goa meets Hartwick’s rule, and finds that the...
Persistent link: https://www.econbiz.de/10015218395
In this paper a dynamic game is used to compare licensing of a cost reduction innovations under lost profits (LP) and unjust enrichment (UE), both damage rules used by courts in the calculation of damages when a patent has been infringed. The innovation, whose property right belongs to a firm...
Persistent link: https://www.econbiz.de/10015218454
The specific characteristics of the R&D system of the modern molecular biotechnology lead to the fact that patent protection for genetic inventions cause almost simultaneously an useful information effect as well as a harmful blocking effect. Within this context, the present papers shows that...
Persistent link: https://www.econbiz.de/10015219091
Kosovo is distinguished from other transition countries by being the last country to embark on privatization. The wave of revolutionary political and economic changes spreading like wildfire across the Central and Eastern European countries and in former Soviet Union since 1989 found Kosovo...
Persistent link: https://www.econbiz.de/10015220533
Since its origin, ecotourism development has been at the centre of controversial and heated debates within the environmental and scientific society. On one hand, it has been considered as a model of responsible and sustainable tourism with the capacity to guarantee the conservation of the...
Persistent link: https://www.econbiz.de/10015220593
In this paper, I examine the effectiveness of improvements in political and civil rights for attracting foreign direct investment flows (FDI) into democracies. I contend that advances in the quality of democracy – specifically those concerning civil rights – present positive but decreasing...
Persistent link: https://www.econbiz.de/10015221186