This paper seeks to test the hypothesis that digitisation of content (e.g. music, film and books) and the spread of the Internet over the past 25 years, together with copyright law exceptions, have enabled a “golden age” for creativity. Large technology companies have for some time promoted...

The article deals with the issues related to implementation of a restrictive FDI admittance regime for strategic sectors of the Russian economy. The author analyzes application of the “national security” notion as a criterion for decision-making within the national security test for FDI in...

When things go wrong, it is always good to find someone to blame. As the credit crisis started to unfold in 2007, credit rating agencies (“CRAs”) emerged as the villain – or scapegoat, one might say – for commentators and regulators alike. To sum up, observers accused CRAs of doing a...

The last two decades have been an extraordinary period for Vietnam. The country has undergone a dramatic transformation from a centrally planned economy into a market-oriented economy under the umbrella of Doi-Moi Policy. Vietnamese government has openly admitted the importance of liberalizing...

Vodafone acquired Hutchison (India) in 2007. Post-acquisition Vodafone has faced a turbulent time dealing with the tax authorities. The liability on Vodafone to withhold Capital Gains Tax was upheld by the Bombay High Court but subsequently rejected by the Indian Apex Court. However, the matter...

In explaining the concept of centre of main interests (COMI) within the UK Cross-Border Insolvency Regulations 2006 (CBIR), the Englush court in Re Stanford International Bank over-emphasised third-party ascertainability due to an apparent lack of appreciation of the different functions...

Issues between international trade and culture have existed since the end of World War I, when European countries introduced screen quotas to limit the effects of the ever-rising surge of films from the US. When states protect their culture-related industries they usually do so claiming the need...

The purpose of patent policy is to balance the incentive to invent against the ability of the economy to utilize and incorporate new inventions and innovations. Substandard patents that upset this balance impose deadweight losses and other costs on the economy. In this paper, we examine some of...

The UK Cross-Border Insolvency Regulations 2006 (CBIR) permits discretionary relief in the form of applying foreign insolvency law. There is no convincing common-law objection to the application of foreign law.The ability to apply foreign law pursuant to the CBIR is consistent with Chapter 15 of...

The author, through the present paper, aims at providing a brief comparative overview of the legal mechanisms most used by commercial entities as remedies for acute financial problems or preventing such a financial state – the judicial reorganization procedure, the bankruptcy procedure, the...