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The relationship between law and economic development remains enigmatic. There is no doubt that, broadly speaking, legal mechanisms for social control (or “institutions,” to use North’s words) play a major role. Nevertheless, the impact of legal organization on economic development has not...
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Legal scholars often classify countries into ‘legal families’. The research on ‘legal origins’ refers to this literature; yet, it then goes further as it uses distinct categories into which each country’s law is allocated in quantitative studies. Today, this line of research, which goes...
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In Mac's Shell Serv., Inc. v. Shell Oil Prods. Co., 559 U.S. 175 (2010), the Supreme Court held that a service station franchisee pursuing a claim of constructive termination against the franchisor must, under the Petroleum Marketing Practices Act, 15 U.S.C. §§ 2801-2841 (1978), abandon the...
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