Courts have repeatedly stated that equitable subordination is a compensatory remedy. This view is demonstrably mistaken; if equitable subordination is compensatory, only injured creditors, and not trustees or debtors in possession, would have Constitutional standing to bring equitable...

The author studies three aspects of human live valuation and its relation with cost benefit analysis and regulation. More precisely the author addresses the problem of valuation of a statistical human life and its relation with cost benefit analysis in mortality risk reduction. First, studies...

Prepared for an edited volume on gun litigation (Suing the Firearms Industry, T. Lytton, ed.), this working paper examines the topic of gun risks as a case study of liability insurance as a form of regulation. The paper identifies the following broad categories of 'regulation by insurance': loss...

In several South Easter European Countries due to the delayed transition, the legal system of the economy is regulated with certain inappropriate provisions which reflect a weak institutional control system and inefficient implementation of sanctions against entities – operators that are not...

This chapter comments and reflects on a report released by the Victorian Attorney-General in September 2006 reviewing legal education in Victoria that relates to pre-admission training for graduates seeking to enter legal practice. It seeks to explain the necessity for the formulation of...

This paper analyzes the effects of the German background and legal education of about one half of Israel's supreme court judges during the state's first three decades. After presenting the basic statistics and biographical sketches of the first-generation quot;Germanquot; judges of Israel's...

This essay is a personal inquiry into the nature of media technology, law, and ethics in an era marked by the convergence of media that have been largely separate-print, broadcast, cable, satellite, and the Internet-and by the consolidation of ownership in all of these media. What inventions,...

In vivo conversion is a process, often metabolic in nature, wherein one substance, usually a chemical compound, is altered significantly by physiological pathways in the body into one or more different substances. For example, when a patient ingests a therapeutic drug, that drug is often...