Apart from its applications in credit analysis, distance to default (DD) is a useful tool in equity investment management which captures key elements of firm quality. By construction, it is positively correlated with momentum and negatively correlated with leverage and volatility. Our analysis...

Neben Prognosen der Gesamtzahl der sozialversicherungspflichtig Beschäftigten besteht ein großer Bedarf an Prognosen auf regionaler Ebene für die unterschiedlichen Berufsfelder. In dieser Arbeit werden Prognosen für sämtliche Arbeitsagenturbezirke für die Jahre von 2011 bis 2015 erstellt,...

The judgment of the House of Lords in Jones v Ministry of Interior of Kingdom of Saudi Arabia [2006] 2 WLR 1424 has stirred passionate debate. English nationals and residents were barred from suing individual Saudi officials, whom they accused of torture, on the ground of state immunity. Emotive...

This article critically analyses the judgment of the Grand Chamber of the European Court of Human Rights in J A Pye (Oxford) Ltd v United Kingdom (2006) 43 EHRR 3. It criticises the Court's conclusion that the right to property is engaged by the English law of adverse possession. That law is a...

This chapter assesses the scope, in terms of personal property, of Articles 6 and 105 of the Basic Law of Hong Kong. It examines the meaning of personal property, the extent to which the Hong Kong legislature can lawfully limit such property and the occurrence and scope of deprivation and...

This article examines whether decisions of the Privy Council and the House of Lords, given before the abolition of appeals to the Privy Council from Australia, are, in the absence of High Court authority, binding on all trial and intermediate appellate courts. Most, but not all, Australian...

Nearly three years ago, in a case brought against the Jamaican Government with the support of the Opposition, the Judicial Committee of the Privy Council decided that the legislation introducing the Caribbean Court of Justice (CCJ) as Jamaica's final appellate court was invalid. The correct...