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This paper analyzes the impact of FORIS contracts on litigation and settlement decisions using a simple divergent-expectations model. A FORIS contract introduces contingent fee arrangements under the British legal cost allocation rule: the plaintiff pays a percentage of his settlement or trial...
Persistent link: https://www.econbiz.de/10001725323
The German law on employees' inventions requires employees to report to their employer any invention made in relation with the work contract. An employer claiming the right to the invention is obliged to pay a compensation to the employee. Up to now, this compensation is a matter of...
Persistent link: https://www.econbiz.de/10001745185
We analyze the legal reform concerning employees' inventions in Germany. Using a simple principal-agent model, we …
Persistent link: https://www.econbiz.de/10001745188