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This article examines the concept of "professional diligence," which is the core element of the general clause of the Unfair Commercial Practices Directive (2005/29/EC). It proposes several ways to concrete the concept, in order to avoid as much as possible the uncertainty inherent to the...
Persistent link: https://www.econbiz.de/10013141437
Under Maryland case law, a plaintiff in an estate planning malpractice action must be in strict privity with the attorney who drafted the will. To date, Maryland has not extended the third-party beneficiary exception to the estate planning arena. Legatees specifically identified in a will by...
Persistent link: https://www.econbiz.de/10014197511
In 2006, the National Collegiate Athletic Association (NCAA) celebrated 100 years of providing opportunities for students to participate in intercollegiate athletics. During that time intercollegiate athletics underwent tremendous transformation. Beginning as student-run endeavors on Ivy League...
Persistent link: https://www.econbiz.de/10014201963
Judicial inconsistencies in balancing costs against benefits in legal determinations, sometimes referred to as the Learned Hand Formula, indicate that the implications are not fully understood. The incorporation of more formal economic cost-benefit analysis by some courts has only served to...
Persistent link: https://www.econbiz.de/10014203734
Courts have repeatedly stated that equitable subordination is a compensatory remedy. This view is demonstrably mistaken; if equitable subordination is compensatory, only injured creditors, and not trustees or debtors in possession, would have Constitutional standing to bring equitable...
Persistent link: https://www.econbiz.de/10012733701
This document is the introductory chapter to my privacy book published by Thomson-West. It offers a conceptual overview of issues and principles that have been adopted by the United States, as well as foreign countries
Persistent link: https://www.econbiz.de/10012708662
Persistent link: https://www.econbiz.de/10012852784
Over the course of its multi-decade existence, the Real Estate Settlement Procedures Act ("RESPA") has been amended to cover many diverse yet related “real estate” subjects. In its present iteration, two provisions — sections 2605(g) and 2609 — deal with mortgage escrow accounts, with...
Persistent link: https://www.econbiz.de/10012844314
The rapid rise of cryptocurrencies over the last twenty years has interjected havoc into the staid field of commercial law, one long regulated by the Uniform Commercial Code (“U.C.C.” or “UCC”). Naturally, many individuals and organizations started to count their stash of...
Persistent link: https://www.econbiz.de/10012844331
As businesses and other entities have sought to collect more personal data on individuals, the public has pushed back, and lawmakers throughout the United States and elsewhere have responded by passing data protection laws. Recent data protection laws passed by the European Union and by several...
Persistent link: https://www.econbiz.de/10012893073