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Rethinking Coase: What The Problem of Social CostReally Teaches Us
In the world of law and economics, few papers have had the lasting impact of Ronald Coase’s 1960 article The Problem of Social Cost ....
AI Law
4 min read
Cram Down in Bankruptcy: Power, Priority, and the Fight Over Value
In the shadowy halls of bankruptcy court, where distressed companies fight to stay alive and creditors line up to claim what’s theirs,...
AI Law
5 min read
The Rule of Law as a Law of Rules: Scalia’s Defense of Judicial Formalism
In his landmark essay, The Rule of Law as a Law of Rules , Justice Antonin Scalia makes a powerful and intellectually rigorous case for...
AI Law
6 min read
Purdue’s Poison Pill and the Structural Erosion of Chapter 11's Checks and Balances
The story of Purdue Pharma’s bankruptcy is no longer just the story of a pharmaceutical giant brought to heel by public outrage and legal...
AI Law
4 min read
H.L.A. Hart, Positivism and the Separation of Law and Morals, 71 Harv. L. Rev. 593 (1958)
The distinction between law as it is and law as it ought to be is conceptually valid, morally valuable, and essential for clear legal...
AI Law
15 min read
Preserving the Fragile Balance: Rethinking the Purpose and Practice of Chapter 11 Reorganization
In a legal landscape teeming with complex doctrines and crosscutting institutional pressures, Chapter 11 of the U.S. Bankruptcy...
AI Law
5 min read
Rethinking Rationality: The Critiques of Coase and Keynes on Economic Behavior
Economics has long been regarded as a science rooted in rational decision-making. This dominant view, often called rational choice...
AI Law
5 min read
A Comprehensive Guide to Legal Education Systems Around the World: Grouped by Educational Approach
Legal education across the globe plays a pivotal role in shaping the legal systems of various countries. While the end goal remains...
AI Law
6 min read
Conceptualizing the Force of a Promise: Moral Obligations within the Space of Reasons
What makes a promise binding? Why do we feel morally compelled to keep promises, even when no external force compels us? These questions...
AI Law
5 min read
The Rise of the “New” New Corporate Governance in Chapter 11
Introduction: From Scandal to Solution In the early 2000s, corporate governance in the United States appeared to be in free fall....
AI Law
5 min read
The Coase Theorem: Some Experimental Tests
In 1960, Ronald Coase introduced a groundbreaking idea in his paper The Problem of Social Cost , positing that the assignment of...
AI Law
5 min read
Creditor Control in Chapter 11 Cases: The Influence of DIP Financing
Introduction Chapter 11 of the United States Bankruptcy Code is widely recognized for empowering debtors to reorganize their affairs...
AI Law
4 min read
📈 The Mathematics of Pareto Optimality: A Deep Dive into Efficiency
Imagine you’re dividing a cake between two people. If you cut it in a way that gives one person a larger piece without making the other’s...
AI Law
4 min read
Article 1218. Children's Obligations Toward Parents
I. General Overview a. Historical Review of the Obligation In contrast to the comprehensive and unconditional obligation of parents...
AI Law
10 min read
Rethinking Externalities: From Pigou to Coase and Beyond
The concept of externalities has long occupied a central place in economic thought, particularly in the analysis of market failures and...
AI Law
3 min read
Protecting the Pyramids: How the World Regulates Their Preservation
The pyramids of Egypt, especially those on the Giza Plateau, are among the most awe-inspiring human-made structures on Earth. Towering...
AI Law
5 min read
UTILITARIANISM AND ITS CRITICS: A LEGAL AND PHILOSOPHICAL ANALYSIS
I. Introduction Utilitarianism — famously encapsulated by the principle of "the greatest good for the greatest number" — has...
AI Law
4 min read
Why the ‘Haves’ Come Out Ahead
Marc Galanter's central argument in this seminal article is that repeat players (RPs) —typically organizations or entities with...
AI Law
6 min read
Hidden Representation in Agency Law: Liability, Doctrine, and Doctrinal Limits
Introduction In the law of agency, the presence or absence of disclosure plays a determinative role in allocating rights and liabilities...
AI Law
5 min read
The Republic of Bees: A Legal-Historical Analysis of Early American Law
The legal landscape of the early American Republic, often metaphorically described as a “Republic of Bees,” was marked by dynamic...
AI Law
4 min read
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🇬🇪 50 Important Articles of CCG. Article 1214: Court-Ordered Alimony Calculation
⚖️📜 Deciphering Article 1214 of the Civil Code of Georgia: Alimony Amount Determination by the Court! 🚀 Ever wondered about the significance of Article 1214 within the Civil Code of Georgia and how it shapes alimony decisions in legal proceedings? Join us as we unravel the intricacies of this critical legal provision. From understanding the factors considered by the court to determine alimony amounts, ensuring fair support arrangements, and upholding legal justice, you'll gain insights into how this article guides the alimony process. Get ready for an inside look at the legal framework governing alimony in Georgia! 👩⚖️💰 Tune in to discover the essence of fair and just alimony determinations. #Article1214 #CivilCodeGeorgia #AlimonyMatters
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🇬🇪 50 Important Articles of CCG. Article 725: Rights and Obligations of the Entrusted Owner
⚖️📜 Unpacking Article 725 of the Civil Code of Georgia: The Rights and Obligations of the Entrusted Owner! 🚀 Ever wondered about the significance of Article 725 within the Civil Code of Georgia and how it delineates the rights and obligations of the entrusted owner in legal contexts? Join us as we navigate the intricacies of this vital legal provision. From understanding the principles that govern entrusted ownership to its applications in fiduciary relationships, property management, and legal responsibilities, you'll gain insights into how this article establishes a clear framework for entrusted ownership in Georgia. Get ready for an in-depth look at this fundamental aspect of Georgian jurisprudence! 👩⚖️🏢 Tune in to discover the essence of the rights and obligations of the entrusted owner. #Article725 #CivilCodeGeorgia #EntrustedOwnerRights
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🇬🇪 50 Important Articles of CCG. Article 555: Early Termination of Tenancy Agreements
⚖️📜 Exploring Article 555 of the Civil Code of Georgia: Early Termination of Tenancy Agreements! 🚀 Ever wondered about the significance of Article 555 within the Civil Code of Georgia and how it governs the process of early termination of tenancy agreements in legal contexts? Join us as we delve into the intricacies of this vital legal provision. From understanding the principles that guide early termination to its applications in rental agreements, tenant rights, and legal responsibilities, you'll gain insights into how this article ensures fairness and flexibility in matters of tenancy in Georgia. Get ready for an in-depth look at this critical aspect of Georgian jurisprudence! 👩⚖️🏠 Tune in to discover the essence of early termination of tenancy. #Article555 #CivilCodeGeorgia #TenancyTermination
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🇬🇪 50 Important Articles of CCG. Article 247: Understanding Easements and Property Rights
⚖️📜 Unveiling Article 247 of the Civil Code of Georgia: Understanding the Significance of Easements! 🚀 Ever wondered about the significance of Article 247 within the Civil Code of Georgia and how it defines the concept of easements in legal contexts? Join us as we navigate the intricacies of this vital legal provision. From understanding the principles that govern easements to its applications in land use, property rights, and legal responsibilities, you'll gain insights into how this article shapes the landscape of property relationships and rights in Georgia. Get ready for an in-depth look at this fundamental aspect of Georgian jurisprudence! 👩⚖️🏞️ Tune in to discover the essence of easements. #Article247 #CivilCodeGeorgia #Easements
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🇬🇪 50 Important Articles of CCG. Article 170: The Legal Framework of Property Ownership
⚖️📜 Unpacking Article 170 of the Civil Code of Georgia: Defining the Essence of Property! 🚀 Ever wondered about the significance of Article 170 within the Civil Code of Georgia and how it delineates the concept of property in legal contexts? Join us as we delve into the intricacies of this vital legal provision. From understanding the principles that govern property rights to its applications in ownership, property transfers, and legal responsibilities, you'll gain insights into how this article is the bedrock of property law in Georgia. Get ready for an in-depth look at this fundamental aspect of Georgian jurisprudence! 👩⚖️🏡 Tune in to discover the essence of property. #Article170 #CivilCodeGeorgia #PropertyRights
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🇬🇪 50 Important Articles of CCG. Article 286: Insights into Mortgage Transactions
⚖️📜 Navigating Article 311 of the Civil Code of Georgia: Unveiling the Role of the Public Registry! 🚀 Ever wondered about the significance of Article 311 within the Civil Code of Georgia and how it defines the operations of the public registry in legal contexts? Join us as we explore the intricacies of this vital legal provision. From understanding the principles that underlie the functioning of the public registry to its applications in property rights, document recording, and legal transparency, you'll gain insights into how this article is the cornerstone of maintaining a well-regulated legal system in Georgia. Get ready for an in-depth look at this foundational aspect of Georgian jurisprudence! 👩⚖️📜 Tune in to discover the essence of the public registry. #Article311 #CivilCodeGeorgia #PublicRegistry
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🇬🇪 50 Important Articles of CCG. Article 311: The Role of the Public Registry
⚖️📜 Navigating Article 311 of the Civil Code of Georgia: Unveiling the Role of the Public Registry! 🚀 Ever wondered about the significance of Article 311 within the Civil Code of Georgia and how it defines the operations of the public registry in legal contexts? Join us as we explore the intricacies of this vital legal provision. From understanding the principles that underlie the functioning of the public registry to its applications in property rights, document recording, and legal transparency, you'll gain insights into how this article is the cornerstone of maintaining a well-regulated legal system in Georgia. Get ready for an in-depth look at this foundational aspect of Georgian jurisprudence! 👩⚖️📜 Tune in to discover the essence of the public registry. #Article311 #CivilCodeGeorgia #PublicRegistry
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🇬🇪 50 Important Articles of CCG. Article 187: The Good Faith Purchaser (Part I)
⚖️📜 Unpacking Article 187 of the Civil Code of Georgia: Part I - The Role of the Good Faith Purchaser! 🚀 Ever wondered about the significance of Article 187 within the Civil Code of Georgia and how it defines the concept of a good faith purchaser in legal contexts? Join us as we delve into the intricacies of this vital legal provision. From understanding the principles governing good faith purchases to their applications in property transactions, rights, and legal responsibilities, you'll gain insights into how this article shapes the landscape of honest dealings in Georgia. Get ready for an in-depth look at this fundamental aspect of Georgian jurisprudence! 👩⚖️🏡 Tune in to discover the essence of a good faith purchaser. #Article187 #CivilCodeGeorgia #GoodFaithPurchaser
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