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-ever systematic investigation of the judicial review of eminent domain in China. Our empirical study reveals that Chinese courts focus …
Persistent link: https://www.econbiz.de/10013240783
The disjuncture between public and customary law regulating property rights is a problem for capital formation and poverty alleviation across Africa. In Kenya, government efforts to establish clearly defined property rights and adjudication mechanisms have been plagued by the existence of...
Persistent link: https://www.econbiz.de/10012729503
This paper discusses a series of ECJ judgments on national mortgage enforcement proceedings in light of the Directive on Unfair Terms in Consumer Contracts. According to the Court, national courts must be able to provide interim measures suspending mortgage enforcement proceedings, thereby...
Persistent link: https://www.econbiz.de/10013004911
In Japan's civil law property system, courts recognize a form of extra-statutory security, the jōto tanpo or title-transfer security interest, that is created by conveying legal title to the creditor, with a promise to restore it to the debtor upon repayment. Although best known today as a...
Persistent link: https://www.econbiz.de/10013148635
In their seminal 1972 article, "Property Rules, Liability Rules, and Inalienability: One View of the Cathedral," Guido Calabresi and A. Douglas Melamed proposed an analytic framework for comparing entitlements protected by property rules and liability rules. Their article has become one of the...
Persistent link: https://www.econbiz.de/10014173756
This Article considers the role of property rights in efforts to sequester underground hundreds of millions of tons of carbon dioxide (CO2) per year from power plants and other industrial facilities in order to mitigate climate change. This technology, known as carbon capture and sequestration...
Persistent link: https://www.econbiz.de/10014209409
Though it lacked a patent system until 1985, China is now the world leader in patent filings and litigation. Despite … active intellectual property (IP) dockets in China. Among other things, we find that Chinese patent suits are highly … cases roughly as often as Chinese patentees. Finally, we find that patents litigated in China are generally more than five …
Persistent link: https://www.econbiz.de/10014129228
opportunistic behaviors, which could undermine public interest. This paper exploits unique features of China’s centralized …
Persistent link: https://www.econbiz.de/10014077564
investment. In order to explore a title-granting scheme in Shenzhen, China, I collect a sample of 83 listed SOE firms, with 32 of …
Persistent link: https://www.econbiz.de/10012972439
experiment, the enactment of China's Property Rights Law in 2007 (the Law). Using a large dataset of non-listed firms, we … financially constrained firms as creditor rights are strengthened. We also document a leverage decline in China's listed firms …
Persistent link: https://www.econbiz.de/10012850754