The German Basic Law is open for an interpretation that would allow the Constitutional Court to test the normative adequacy of most statutes. If the court does, it could be modelled as the supervisor of the legislator, i.e., of the agent of the people. The model predicts collusion between the...

Social choice theory understands a voting rule as a mapping from preferences over possible outcomes to a specific choice or choices. However, actual election procedures often do not have this structure. Rather, in a typical election, although the outcome is an assembly comprising several people...

En este trabajo se desarrolla un modelo estocástico para inmunizar el valor presente de corrientes financieras contra el riesgo de tasas de interés mediante el uso de contratos a futuros. En el régimen propuesto, la dinámica de la tasa de interés es conducida por un proceso estocástico de...

Section 365 of the Bankruptcy Code (“Code”), which focuses on the post-petition continuation of pre-petition contractual relations, controls the assumption and rejection of executory contracts and unexpired leases by a trustee or debtor-in-possession (“DIP”) in all bankruptcy cases....

This chapter considers the landmark status of the House of Lords in Thorner v Major [2009] UKHL 18, understanding it as an example of story-telling in the law. The chapter explores the issues surrounding the equitable doctrine of proprietary estoppel, as it applies in particular in the context...

The proper constitution of an Arbitral Tribunal will determine the validity and enforceability of an award. This paper deals with the different problematics that multi arbitrator tribunals, in specific those panels formed under the scheme of party appointed arbitrators can face during the...