The statutory protection currently provided by UK law to employees during transfers of undertakings and other restructurings has been criticised on the grounds that it undermines insolvency procedures and interferes with the 'rescue' process. We present an analysis which suggests that granting...

Recent work in both the theory of the firm and of corporate law has called into question the appropriateness of analysing corporate law as ‘merely’ a set of standard form contracts. This article develops these ideas by focusing on property law’s role in underpinning corporate enterprise....

Legal positions (such as rights, duties, liberties, powers, liabilities and immunities) are linked together by strong institutional complementarities that differ from the usual institutional complementarities that have been recently considered in economic literature. Legal positions not only...

The aim in this article is to compare effect of financial collateral arrangements under Directive 2002/47 EC. The starting point is the definitions of these contracts provided by the Financial Collateral Directive. The financial collateral arrangements have their historical roots in Roman law....

The main objective of this publication is to analyze the system of governance of companies with mixed ownership, reveal issues and contradictions arising as a result of this sector reform, evaluation of their place and prospects in the light of Russia's economy modernization. The authors analyze...

The main objectives of the present research are the identification of main regularities of the emergence of a new property rights system within privatization process in the conditions of transitional economy in Russia and its single regions (on the basis of evaluation of privatization models of...

It will be some time before we can fully appreciate the radical nature of the socio-economic effects produced by the global crisis of the end of the first decade of the twenty first century. However, it is already evident that the two leading market economic systems of the Western world – that...

This paper unveils the pen-picture of rights in transfer of share and the pitfalls in that regard. In order to find out the pitfalls, the Companies Act 1994 in Bangladesh has been taken as the bedrock for analysis. Also, the Listing Regulation of Dhaka Stock Exchange Limited 1996 in Bangladesh...

Die Treuhandidee steht allgemein für ein juristisches Konstrukt des Eigentums, das dem Treuhänder nach außen die volle Rechtsstellung eines Eigentümers verleiht, ihm im Innenverhältnis zum Treugeber jedoch mehr oder weniger starker Beschränkung unterwirft. In (Ost-)Deutschland erlebte...

The aim of this paper is to investigate whether the She oil company, through investment and crude oil exploration, benefits socio-economic growth in Nigeria in general and in the Niger Delta of Nigeria in particular. In 1998, the United Nations Special Rapporteur's report on Nigeria accused...