The Securities and Exchange Commission recently settled a monumental lawsuit against the investment firm of Goldman Sachs, Inc. The settlement mandated that the Wall Street titan agree to strengthen its ethical policies and procedures. This paper will discuss Goldman Sachs as a complicated...

During time, the association has evolved as a form of socio-economic organisation in order to perform non-professional or, by case, professional activities. The legislative sources have emphasized, in time, the variety of the ways of manifestation of the association among different law subjects...

This paper develops a general model of anticommons fragmentation in property. Using several related examples, we consider the equilibria obtained under different scenarios. The various illustrations are later utilized to develop a model of fragmented property. The model reveals that the private...

This paper aims at finding and analyzing the key determinants of Egypt’s fiscal deficits for the period of 1985-2013. It hypothesizes that the political and institutional factors are more important than macroeconomic variables to explain the fiscal deficits of the country in question. In...

The Government Emergency Ordinance no. 55/2014 suspended for 45 days the dispositions of art. art. 9 par. (2) letter h1) and art. 15 par. (2) letter g1) from the Law No. 393/2004 that sanction the migration between parties with termination of the mandate for elected local officials. Starting...

Treating the negative effects caused by the global financial crisis is a task of state institutions. Concerned for the impact of these effects, governments are carrying out and implementing state policies through implementing political, legal and economic measures against the logic of economic...

The issue of criminal liability of the juvenile offender as well as the prevention and combating of juvenile delinquency have been and continue to represent an actuality in the criminal policy in modern states. It is presumed that the child needs special treatment in terms of criminal liability...

The legal basis of the international law is given by the agreement will of the sovereign states composing the international society at a given time. In the absence of some public authorities having international legislative, administrative and juridical attributions, through which some of the...

Human evolution, everything that defines diachronic social, proved that, very often, gaps are revealed after the regulation took place.When the law is imperfect or when it is silent, when it meets the new requirements resulting from changes in society, it is backward, even unjust, is it possible...

International organizations have developed as derived subjects of international law without substitute the role and the importance of the states as fundamental actors in adopting policies that go beyond national powers. Therewith, national governments tendency to impose the rules of procedure at...