The paper substantiates the position that entrepreneurial market is no longer a collection of individual participants one way or another interacting with each other through voluntary communication "clothed" in legal form, but potentially interdependent network, presence which found conditions property crisis its elements. In this vein, bankruptcy procedure an arena for collision multidirectiona...

In 2001, Morocco made a radical change to its company law regime: it replaced a company law dating from 19thcentury France with modern standards of corporate governance and accountability. This article analyses that reform and evaluates its impact upon manufacturing firms’ access to bank credit. Panel data from 2000 and 2004 is used to test the effect of a firm’s legal obligations upon the prov...

With uncertain scope of patent protection and incomplete enforcement, the effective strength of patent protection is determined by the legal system. We analyze how the legal system effects the incentives of firms to innovate, taking into account possibilities of strategic licensing and litigation to deter infringement. The legal regime that induces licensing provides incentives to exert R&D eff...

Previous studies of WTO dispute settlement have sought to evaluate whether a Member’s legal capacity influences its odds of bringing litigation before the multilateral trade regime. Because direct measures of legal capacity are elusive, these studies have had to use indirect proxies, such as per capita income or number of delegates in Geneva. Yet, the reliability of these measures is questionab...

In recent years, an increasing number of Chemical Engineering Software (CES), which play an important role in improving efficiency in the petroleum industry, has been introduced to the                market. Generally, software is the product of intellectual creativity, but protection of the intellectual property residing in software is the subject of some controversy.  This paper explores the ...

The research objective of the project and article “European Ecological Network Natura 2000 – opportunities and threats” Natura 2000 sites constitute a form of environmental protection, several legal problems are likely to result. Most controversially, certain sites will be subject to two regimes of protection: as national parks and as Natura 2000 sites. This dualism of the legal regulation make...

Are states constrained by international law? Recent studies suggest that the legal regime of the World Trade Organization (WTO), in particular, has no independent effect on members’ trade policies. We argue, in contrast, that the WTO’s “rule of law” is likely to deter protectionist practices against other members, including those lacking the ability to retaliate. The WTO accomplishes this by cl...