Property Law

This chapter examines the economics of property rights and property law. Property law is a fundamental part of social organization and is also fundamental to the operation of the economy because it defines and protects the bundle of rights that constitute property. Property law thereby creates incentives to protect and invest in assets and establishes a legal framework within which market exchange of assets can take place. The purpose of this chapter is to show how the economics of property rights can be used to understand fundamental features of property law and related extra-legal institutions. The chapter will both examine the rationale for legal doctrine and the effects of legal doctrine regarding the exercise, enforcement, and transfer of rights. It will also examine various property rights regimes including open access, private ownership, common property and state property. The guiding questions are: How are property rights established? What explains the variation in the types of property rights? What governs the use and transfer of rights? And, how are property rights enforced?

Discretion and Accountability: The ESMA Judgment and the Meroni Doctrine. Bruges European Economic Research (BEER) Papers 30/2014

This paper assesses the effectiveness of the Meroni doctrine in the light of the recent judgment in the ESMA case. The first part explains in detail the problem of delegation of powers in the EU from the perspective of the principal-agent theory and complements it with the analysis of the trade-off between different levels of independence and accountability of agencies. A simple economic model is developed to illustrated the relationship between the independence and accountability of an agency. It shows that it is the accountability mechanism that induces the agent to act, rather than the extent of his independence. The paper also explains the inter-temporal interactions between the principal and the agent on the basis of the incentives in place for the different players. The second part is devoted to analysis of the functioning of ESMA in the context of its delegated powers. After the presentation of main aspects of the regulatory framework establishing ESMA, the paper continuous with an analysis and interpretation of the discretionary powers of ESMA. The rather rigid position of the Court of Justice in relation to the Meroni doctrine seems to be unsuitable to delegation of complex regulatory tasks. This is particularly evident in the case of financial markets. Finally, the judgment does not examine in any detail whether and how the principals - i.e. the EU and Member States - are best able to evaluate the quality of ESMA decisions and regulations and whether there are different but more effective accountability mechanisms.

Unfair Advantage: An Intriguing Example of Legal Transformation in the Swiss Private Law

This paper demonstrates a mixed approach to the theme of the instrumentality of law by both analysing the goal of a legal transformation and the techniques adapted to achieve it. The correct recognition of a certain practical necessity has lead the Swiss Federal Tribunal to an intriguing judgement “Fussballclub Lohn-Fall” of 1997. The legal remedies provided for cases of unfair advantage have been then creatively modified praeter legem. The adaptation was strongly influenced by foreign legal patterns. The Swiss Code of Obligations of 1911 provides a norm in art. 21 on unfair advantage (unconscionable contract), prescribing that if one party takes unjustified advantage over the weaknesses of another in order to receive an excessive benefit, such a contract is avoidable. Its wording has been shaped over a hundred years ago and still remains intact. However, over the course of the 20th century the necessity for a more efficient protection has arisen. The legal doctrine and jurisprudence were constantly pointing out the incompleteness of the remedies provided by art. 21 of the Code of Obligations. In the “Fussballclub Lohn-Fall” (BGE 123 III 292) the Swiss Federal Tribunal finally introduced the possibility to modify the contract. Its decision has been described as “a sign of the zeitgeist, spirit of the time”. It was the Swiss legal doctrine that has imposed the new measure under the influence of the German “quantitative Teilnichtigkeit” (quantitative partial nullity). The historical heritage of the Roman laesio enormis has also played its role.

The doctrine of multilayered governance: The Example of Swiss Foreign Migration Policy

The New Swiss interdepartemental cooperation structure results in a new setting in negotiations and stimulates the counterpart or for the same setting and at least for the same domestic cooperation.

A treatise on the doctrine of ultra vires : being an investigation of the principles which limit the capacities, powers, and liabilities of corporations, and more especially of joint stock companies /

At head of title: The law of corporations and companies.

Droit romain, les lois agraires sous la république. Droit français, interprétation de l'art.1408 civ.; examen critique de la doctrine et de la jurisprudence.

Thèse - Faculté de droit de Toulouse.

The rise of classical English criticism; a history of the canons of English literary taste and rhetorical doctrine, from the beginning of English criticism to the death of Dryden,

Two chapters appeared originally in Englische studien and the Journal of English and Germanic philology.

An account of the origin of the Mississippi doctrine of repudiation; with a review of the arguments which His Excellency Alexander G. McNutt, late Governor of Mississippi, advanced in its vindication.

"Reprinted from the Law reporter for March MDCCCXLII."

The report of Hiram Maxwell's case, decided at the City-hall of the city of New-York, on the 3d day of February, 1823 : with the speech and doctrine advanced by John A. Graham, L.L.D., on the practice of taking the examinations and confessions in the police office of prisoners charged with crime; together with the letters and opinions of many of the greatest and wisest philosophers, civilians, orators, and statesmen in the United States.

Contains only Graham's speech and letters concerning it, from John Adams, Thomas Jefferson, John Jay and others.

La constitution belge annotée, offrant sous chaque article l'état de la doctrine de la jurisprudence et de la législation,

Mode of access: Internet.

La doctrine scolastique du droit de guerre,

Mode of access: Internet.

La doctrine scolastique du droit de guerre /

"Notices sur les auteurs et les ouvrages cités dans la première partie": p. 5-14.

Unconscionability and commercial law

Standard of unconscionability in private and commercial cases - argument for caution in the standard's use - instability as a juridical notion - concern about the coherence of the doctrine - statutory provisions in Australia compound current problems - questionable status of unconscionability as a legally useful term.

A coherent doctrine of Estoppel

A paper on the coherence of estoppel as a form of reliance-based claims in private law.