The Honourable Lord Reed(1) Readers are reminded that this work is protected by copyright While they are free to use the ideas expressed in it, they may not copy, distribute or publish the work or part of it, in any form, printed electronic or otherwise, except for reasonable quoting clearly indicating the source. Readers are

ARBITRATION AND INSOLVENCY PROCEEDINGS: CLAIMS OF ORDINARY BANKRUPTCY CREDITORS(1) Vesna Lazic(T.M.C. Asser Institut, The Hague) Readers are reminded that this work is protected by copyright While they are free to use the ideas expressed in it, they may not copy, distribute or publish the work or part of it, in any form, printed, electronic or otherwise, except for reasonable quoting, clearly indicating the source. Readers are

Topic 1: What is Corporate Finance?(cont 1 2 Financing Decisions In the previous section the focus was on investment decisions. It was assumed throughout that the firm was financed with equity. In this section we discuss financing decisions. As a prelude to this we will briefly discuss the notion of efficient

Law is omnipresent in modern society and legal institutions have a major place in the structure of Westem societies. Law and legal process are increasing enormously Law seems to be a kind of replacement, a substitute for traditional authority. The same goes for the Netherlands there is a great deal of litigation. However, we should not exaggerate: we cannot say that a

The applicability of human rights to private parties, including private corporations, is a theme of doctrinal constitutional interest The basic question is whether standards which are meant to function in the relationship between the private individual and the state,and which guarantee the private individual rights vis-a-vis the state are also plicable in relationships between private individuals, and, if so, which legal

Ch.8 Nonspherical Disturbance This chapter will assume that the full ideal conditions hold except that the covari- ance matrix of the disturbance, i.e. E(EE)=02Q2, where Q is not the identity matrix. In particular, Q may be nondiagonal and / or have unequal diagonal ele- ments Two cases we shall consider in details are heteroscedasticity and auto-

Course Description Macroeconomics is the most disputed, confused yet excited field in economics. This course introduces you how economists think about those macroeconomic problems such as inflation, unemployment and recession, and how macroeco could be used to resolve these problems. We will find that economists may give you many different answers. Yet behind their different answers is the difference in the framework of macroeconomic analysis. The course will thus introduce you two major

Introduction The objective of this chapter is to study how employment is determined in the labor market We are considering the labor market in which the following relation should always hold:

Introduction The objective of this chapter is to study ho lOW money and interest rate is determined in the money and financial market The money and financial market is the market in which money and various financial assets(such as, bonds and stocks) are exchanged

Introduction The aim of this chapter is to study how output is determined in Keynesian framework. The analysis in this chapter is often named multiplier analysis