We analyze the effect of patent thickets on entry into technology areas by firms in the UK. We present a model that describes incentives to enter technology areas characterized by varying technological opportunity, complexity of technology, and the potential for hold‐up in patent thickets. We...

This survey of recent developments includes reports on the new Rotterdam Rules intended to govern claims of damage or loss for goods carried by sea under bills of lading and new Institute Cargo Clauses for use in policies of marine insurance. Reports are also offered on the cases of Transfield...

This article investigates the not-so-obvious reasons for which the financial mechanism of asset securitization is so poorly relied on in such developed civil law jurisdictions as France and Germany. Analysis is focused on several constituent elements of this mechanism: a possibility to construct...

In 2009, President Barak Obama allocated $8 billion in stimulus funding for high speed rail projects across the United States. One year later, in 2010, an additional $2.5 billion was distributed to corridors with High Speed Rail Projects. Even though the most recent congressional budget...

Julian Juergensmeyer is best known for his work on funding of infrastructure, but his seminal treatise on Agricultural Law raises the question of whether the infrastructure left unbuilt can best fulfill some planning goals. The relationship between infrastructure and planning has been studied in...

This paper examines fair-dealing and fair-use copyright exceptions in terms of their economic properties. A particular question in the United Kingdom is whether there would be economic advantages, in terms of promoting economic growth through the encouragement of innovative creative work, from...

Under the Restatement (Third) of Trusts, the prudent investor rule states that “The trustee is under a duty to the beneficiaries to invest and manage the funds of the trust as a prudent investor would, in light of the purposes, terms, distribution requirements, and other circumstances of the...

Frequently, practitioners encounter client queries relating to the ‘value' of their intangible asset (including, but not limited to, identifiable intangible assets other than intellectual property and goodwill, intellectual property such as trademarks, patents, copyright or indeed goodwill)....

James Watt's 1769 patent is widely supposed to have stood in the way of the development of high-pressure steam technology until it finally expired in 1800. We dispute this popular claim. We show that, although it is true that high-pressure steam technology developed only after the expiration of...

Just when the European patent community finally expected the Agreement on the Unified Patent Court (UPCA) and the Unitary Patent Regulation (UPR) to enter into force soon, the UK electorate voted in favour of “Brexit”. Among a host of other issues this raises the question of whether the UK...