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possible outcomes, a flexible contract allows for future adaptation but is associated with ex post haggling cost. By specifying … a single outcome, a rigid contract eliminates future disagreement but precludes beneficial adjustments to the occurring …
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The book under review has primarily made an appraisal of the recent developments in arbitral case law of both contract … concept of legitimate expectation in the context of contract claims and contractual restriction of public powers …
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When a multinational corporation files for bankruptcy, which nation has jurisdiction over the proceedings and which nation's law applies? There is no clear international norm governing the issue, so parties and states are left to inefficient and unpredictable jockeying for authority and...
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