In this article I discuss the participation clause under Dutch law. I discuss in particular whether this clause is to be considered as a donation and whether it is free of taxes. I conclude with an example from Belgian case law that discusses the consequences of a Dutch participation clause...

The ad hoc institutional configurations that facilitated the resolution of sovereign insolvency for over thirty years are fragmenting. In the absence of an acceptable alternative, the recent pari passu decision reveals the dangers of common law courts pressured to enforce contracts and paper...

The principles of contract law have shown continued resilience in light of constant technological developments, including the mainstream adoption of the Internet. This resilience may be attributable to the broad manner of their formulation. While the Internet hardly creates academic excitement...

Market interactions are brought about by the interplay of entitlements and obligations. Entitlements are rights, as perceived by the individuals. They are subjectively perceived rights that go along with a motivational disposition to defend them. Obligations are the counterparts of entitlements....

The assertion that a 'license' is simply a 'contract not to sue' has become a commonplace in both copyright and patent law. I argue that this notion is conceptually flawed, and has become a straightjacket channeling juristic reasoning into unproductive channels. At root, a license is not a...

This Article argues that lawmakers ought to recategorize inheritance law and contracts law as cognate bodies of doctrine within a larger genus of transfers law. The Article proceeds to examine comparatively the justifications for freedom of contracts and freedom of testation, concluding that...

In dit artikel bespreken wij een vonnis van de rechtbank van eerste aanleg van Nijvel. De rechtbank van eerste aanleg bevestigt in dit vonnis de onbelastbaarheid van het sterfhuisbeding. In this article, we critically discuss a verdict of the court of first instance of Nivelles. With this...

Throughout western Europe, beginning about 1200, leasing of lords' estates became more common relative to direct management. In England, however, direct management increased beginning around the same time and until the fourteenth century, and leasing increased thereafter. This article models...

This report provides an introduction to the Polish law of tenancy and a brief analysis of the changes this field of law has experienced in recent years. The last decade has witnessed comprehensive law reform in Poland, particularly in the ambit of civil law and civil procedure, primarily to...

This essay studies the availability of market-based damages for breach of contract as a substitute for standard expectation damages in the law of international sales. It focuses on two major contractual regimes: the UN convention on Contracts for the International Sales of Goods, 1980 (CISG) and...