Over the past three years, major reforms have been approved in Spain in order to restructure the banking sector. The purpose of these reforms has been to reinforce the solvency of credit institutions through recapitalization and integration into larger organizations. The credit cooperatives have...

Treating the negative effects caused by the global financial crisis is a task of state institutions. Concerned for the impact of these effects, governments are carrying out and implementing state policies through implementing political, legal and economic measures against the logic of economic...

The existence of “sovereign consumer”, appealed by the adherents of free market cult, is jeopardized, within the context of economic reality, by the manifestation of some market failures. Consequently, the purpose of this paper is the argumentation of the importance of direct consumer...

Lien refers to the right of an individual, mostly an unpaid seller to retain and withhold in one’s possession any kind of merchandise or securities in his or her possession that belongs to another until certain legal debts due to the person retaining the goods are repaid. Lien does not endorse...

Legislative drafting mistakes can upset statutory schemes. The Affordable Care Act was nearly undone by such mistakes. The recent Tax Cuts and Jobs Act is rife with them. Traditional legal scholarship has examined whether courts should help resolve Congress's mistakes. But courts have remained...

This article examines the first on-line public offering of shares over the Internet. It considers how such offerings are regulated in the US and whether the current regulatory system in Australia is appropriate to protect investors in a global environment

The chapter examines the liability associated with roles automated played by electronic transactional platforms. Commercial activities in Nigeria are fast evolving. these developments have transcended into the realm of clicks and buttons from the brick and mortar media hitherto utilised....

Law enforcement efforts to combat money laundering are increasingly misplaced. As money laundering and other underlying crimes shift into cyberspace, U.S. law enforcement focuses on prosecuting financial institutions’ regulatory violations to prevent crime, rather than going after criminals...

In January 2012, Capitol Records (a label of EMI Music) sued ReDigi (a secondhand marketplace for digital music files) for copyright infringement. This paper discusses the legal framework of the resale of digital music files and analyzes the legal arguments made by the parties in the lawsuit. It...