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European and American perspectives on the choice of law regarding cross–border insolvencies of multinational corporations / Weideman J.Weideman, Jeanette January 2011 (has links)
An increase in economic globalisation and international trade the past two decades has amounted to an increase in the number of multinational enterprises that conduct business, own assets and have debt in various jurisdictions around the world. This, coupled with the recent worldwide economic recession, has inevitably caused the increased occurrence of multinational financial default, also known as cross–border insolvency (CBI). CBI refers to the situation where insolvency proceedings are initiated in one jurisdiction with regard to a debtor’s estate and the debtor also has property, debt or both in at least one other jurisdiction.
When a multinational enterprise is in financial distress, the structure of such an enterprise poses significant challenges to the question of how to address its insolvency. This is due to the fact that, although the multinational enterprise is found globally in different jurisdictions around the world, the laws addressing its liquidation are local. The possibility of restructuring the multinational enterprise or liquidating it in order the satisfy creditor claims optimally depends greatly upon the ease with which the insolvency law regimes of multiple jurisdictions can facilitate a fair and timely resolution to the financial distress of that multinational enterprise.
The legal response to this problem has produced two important international instruments which were designed to address key issues associated with CBI. Firstly, the United Nations Commission on International Trade Law (UNCITRAL) adopted the UNCITRAL Model Law on Cross–Border Insolvency in 1997, which has been adopted by nineteen countries including the United States of America (in the form of Chapter 15 of the US Bankruptcy Code) and South Africa (in the form of the Cross–Border Insolvency Act 42 of 2000). Secondly, the European Union adopted the European Council Regulation on Insolvency Proceedings (EC Regulation) in 2000. These two instruments address the management of general default by a debtor and are aimed at providing a legal framework which seeks to enhance legal certainty,
cooperation, coordination and harmonization between states in CBI matters throughout the world.
After discussing the viewpoints of various writers, it seems clear that “modified universalism” is the correct approach towards CBI matters globally. This is mainly due to the fact that the main international instruments currently dealing with CBI matters are all based upon “modified universalism”. By looking at various EU and US case law it is also evident that, although there is currently still no established test for the determination of the “centre of main interest” (COMI) of a debtor–company under Chapter 15, there is a difference in the approach adopted by courts in the EU and those in the US in this regard. This dissertation further discusses the requirements for a debtor–company to possess an “establishment” for the purpose of opening foreign non–main insolvency proceedings in a jurisdiction as well as the choice–of–law considerations in CBI matters. / Thesis (LL.M. (Import and Export Law))--North-West University, Potchefstroom Campus, 2011.
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Vägen till Beirut : Svenska handelsfrämjande åtgärder i Libanon 1920-1975 / The road to Beirut : Swedish trade promotion initiatives in Lebanon, 1920-1975Hussein, Ahmad January 2012 (has links)
This thesis investigates Swedish trade promotion in Lebanon from 1920 to 1975. The aim is to increase knowledge about how actors in a small open western economy tried to develop their economic interests in an emerging market characterized by great uncertainty. Here, the promising economic outlook coincided with a high degree of political instability. The study analyzes the interactions between Swedish trade related authorities, organizations and companies in their efforts to develop Swedish business interests in Lebanon: a developing country in a conflict-affected area with potentially large and emerging markets, where the cultural distance to Sweden was significant. In this study a model, which is known as the Uppsala model, forms an analytical interpretative framework for studying the actions and strategies of the trade related authorities and organizations despite the model's specific perspective on the establishment process of firms abroad. Based on the taxonomy, which is the basis of this interpretative model, this interpretative framwork has been possible to apply because of the assumed interactions between trade related authorities/organizations and companies when establishing commercial presence in new markets. The assumption is that the trade related authorities and organizations enhance for companies in various ways, while there is an economic-political interest that the state strives to reach by encouraging companies to set up business in new markets. By using this model, the events have been systematized through a historical generalization and periodization of Swedish trade promotion and organization. Added with the type of knowledge development that has taken place. In this way, the role of authorities and organizations in trade promotion and organizational build-up abroad has been highlighted. The results show that Swedish trade promotion attempts and organization in Lebanon took place in close cooperation with Swedish trade related authorities and organizations through their information inflows. In practice the companies' needs for information and assistance were reflected in the work that has been exercised by the authorities and organizations. By playing an important role in information building, escalating network positions and at the same time providing the companies with specific information, the trade related authorities and organizations became key actors in the development of Swedish trade relations with Lebanon. The study concludes that new perspectives can be obtained by including trade related authorities and organizations when using the Uppsala model in future studies. / Denna avhandling studerar svenska handelsfrämjande åtgärder i Libanon 1920-1975. Syftet är att öka kunskapen om hur aktörer i en liten öppen västekonomi försökte utveckla sina ekonomiska intressen på en ny framväxande marknad präglad av stor osäkerhet, där lovande ekonomiska utsikter sammanföll med en hög grad av politisk instabilitet. I studien analyseras samspelet mellan svenska handelsrelaterade myndigheter, organisationer och företag i deras strävan att utveckla svenska handels- och affärsintressen i Libanon: ett land som betraktas här som ett utvecklingsland i ett konfliktdrabbat område med potentiellt stora och nya marknader med ett betydande kulturellt avstånd till Sverige. I studien utgör den så kallade Uppsalamodellen den analytiska tolkningsramen för att studera myndigheternas och intresseorganisationernas agerande och strategier, trots att modellens perspektiv bygger på företagens utlandsetablering. Med utgångspunkt i den taxonomi som är grunden i modellen har denna tolkningsram varit möjlig på grund av det samspel som antas finnas mellan företag och myndigheter, särskilt när det gäller etablerandet av en affärsmässig närvaro på en ny och osäker marknad. Antaganden är att myndigheterna på olika sätt underlättar för företagen, samtidigt som det finns ett statligt ekonomisk-politiskt intresse att få företag att etablera sig på nya marknader. Med hjälp av modellen har händelseförloppen systematiserats genom en historisk generalisering och periodisering av svenska handelsfrämjande åtgärder med avseende på organisation och den typ av kunskapsuppbyggnad som skett. Därmed belyses också myndigheternas och organisationernas roll vid företagsetableringar i utlandet. Resultaten visar att företagsetableringsförsöken och organisationen av svensk handel i Libanon skedde i nära samarbete mellan svenska myndigheter och organisationer genom utbyte av information. I praktiken avspeglades företagens behov av information och hjälp i myndigheternas och organisationernas arbete. I och med att myndigheterna/organisationerna deltog i informationsuppbyggnaden, skapandet av nätverkspositioner och samtidigt förmedlade information mellan företagen var dessa betingade som centrala aktörer vid etableringen av svenska handelsförbindelser med Libanon. Studiens slutsats är att nya perspektiv gällande företagsetableringar på utländska marknader kan erhållas genom att inkludera myndigheters och organisationers agerande vid tillämpningen av Uppsala modellen i framtida studier.
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Key establishment : proofs and refutationsChoo, Kim-Kwang Raymond January 2006 (has links)
We study the problem of secure key establishment. We critically examine the security models of Bellare and Rogaway (1993) and Canetti and Krawczyk (2001) in the computational complexity approach, as these models are central in the understanding of the provable security paradigm. We show that the partnership definition used in the three-party key distribution (3PKD) protocol of Bellare and Rogaway (1995) is flawed, which invalidates the proof for the 3PKD protocol. We present an improved protocol with a new proof of security. We identify several variants of the key sharing requirement (i.e., two entities who have completed matching sessions, partners, are required to accept the same session key). We then present a brief discussion about the key sharing requirement. We identify several variants of the Bellare and Rogaway (1993) model. We present a comparative study of the relative strengths of security notions between the several variants of the Bellare-Rogaway model and the Canetti-Krawczyk model. In our comparative study, we reveal a drawback in the Bellare, Pointcheval, and Rogaway (2000) model with the protocol of Abdalla and Pointcheval (2005) as a case study. We prove a revised protocol of Boyd (1996) secure in the Bellare-Rogaway model. We then extend the model in order to allow more realistic adversary capabilities by incorporating the notion of resetting the long-term compromised key of some entity. This allows us to detect a known weakness of the protocol that cannot be captured in the original model. We also present an alternative protocol that is efficient in both messages and rounds. We prove the protocol secure in the extended model. We point out previously unknown flaws in several published protocols and a message authenticator of Bellare, Canetti, and Krawczyk (1998) by refuting claimed proofs of security. We also point out corresponding flaws in their existing proofs. We propose fixes to these protocols and their proofs. In some cases, we present new protocols with full proofs of security. We examine the role of session key construction in key establishment protocols, and demonstrate that a small change to the way that session keys are constructed can have significant benefits. Protocols that were proven secure in a restricted Bellare-Rogaway model can then be proven secure in the full model. We present a brief discussion on ways to construct session keys in key establishment protocols and also prove the protocol of Chen and Kudla (2003) secure in a less restrictive Bellare-Rogaway model. To complement the computational complexity approach, we provide a formal specification and machine analysis of the Bellare-Pointcheval-Rogaway model using an automated model checker, Simple Homomorphism Verification Tool (SHVT). We demonstrate that structural flaws in protocols can be revealed using our framework. We reveal previously unknown flaws in the unpublished preproceedings version of the protocol due to Jakobsson and Pointcheval (2001) and several published protocols with only heuristic security arguments. We conclude this thesis with a listing of some open problems that were encountered in the study.
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Agent-based one-shot authorisation scheme in a commercial extranet environmentAu, Wai Ki Richard January 2005 (has links)
The enormous growth of the Internet and the World Wide Web has provided the opportunity for an enterprise to extend its boundaries in the global business environment. While commercial functions can be shared among a variety of strategic allies - including business partners and customers, extranets appear to be the cost-effective solution to providing global connectivity for different user groups. Because extranets allow third-party users into corporate networks, they need to be extremely secure and external access needs to be highly controllable. Access control and authorisation mechanisms must be in place to regulate user access to information/resources in a manner that is consistent with the current set of policies and practices both at intra-organisational and cross-organisational levels. In the business-to-customer (B2C) e-commerce setting, a service provider faces a wide spectrum of new customers, who may not have pre-existing relationships established. Thus the authorisation problem is particularly complex. In this thesis, a new authorisation scheme is proposed to facilitate the service provider to establish trust with potential customers, grant access privileges to legitimate users and enforce access control in a diversified commercial environment. Four modules with a number of innovative components and mechanisms suitable for distributed authorisation on extranets are developed: * One-shot Authorisation Module - One-shot authorisation token is designed as a flexible and secure credential for access control enforcement in client/server systems; * Token-Based Trust Establishment Module - Trust token is proposed for server-centric trust establishment in virtual enterprise environment. * User-Centric Anonymous Authorisation Module - One-task authorisation key and anonymous attribute certificate are developed for anonymous authorisation in a multi-organisational setting; * Agent-Based Privilege Negotiation Module - Privilege negotiation agents are proposed to provide dynamic authorisation services with secure client agent environment for hosting these agents on user's platform
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Křesťanská tematika v díle Jaroslava Durycha / Christian topics in novels of Jaroslav DurychKOFROŇOVÁ, Kateřina January 2017 (has links)
The work deals with Christian themes in the works Durych. Processing was done by theoretical research. Firstly, it deals with the life of the author, then historical and cultural context of that time. There are also included other representatives of Catholic literature after the first World War. Another part is devoted to analysis Durych´s works specifically Bloudění, Rekviem, Služebníci neužiteční, Masopust, Boží duha and Sedmikráska. It is also taken in to account to the artist's correspondence with Jakub Deml and theoretical works of Jaroslav Med and Martin C. Putna.
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Podnikatelský plán malého podniku / Business Plan of a Small EnterpriseMEDKOVÁ, Zuzana January 2007 (has links)
This diploma paper contains a business plan for Jiří Hrubeš, which has been processed on the basis of theoretical and practical knowledge as the base for setting up his new business of cabinet-making, wood-carving and renovation and which is also supposed to serve as the basis for getting the needed start-up money support in the form of interest-free credit from support programme START. Being granted interest-free credit from the START programme, the hope for success of the project and its implementation in future is assured.
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A critical evaluation of the independence of the Office of the Chief Justice and its role in promoting judicial transformation in South AfricaPhatshwane, Rebaone Jeremia 07 1900 (has links)
The legislative supremacy of Parliament has dominated the constitutional law of South Africa for a very long time. In the pre-constitutional era, the judiciary had no power to question the deeds of Parliament. Despite the need for the judiciary to be independent from the two other governmental branches to execute its function effectively, it was surely dependent on them. However, the creation of the Office of the Chief Justice (OCJ) as a separate governmental department by the Constitutional Seventeenth Amendment Act, read together with Superior Court Act, mandated by the requirements of a supreme Constitution (and not Parliament), changed things so that the judiciary is no longer dependent on government for its day-to-day administration. This thesis examines the independence of the OCJ and its role in promoting judicial transformation in the new South Africa. / Public, Constitutional and International Law / LL. M. (Human Rights Law)
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Penologiese ondersoek na korrektiewe toesigGerber, Frans Antonie 11 1900 (has links)
Text in Afrikaans / In hierdie verhandeling onderneem die navorser 'n teoretiese en
filosofiese studie, binne 'n penologiese perspektief, ten einde
'n ondersoek na korrektiewe toesig as 'n alternatiewe strafvorm
te bepaa] • Kennis en insig wat sodoende ingesame] is, kan
aangewend word om die stelsel in Suid-Afrika te hevorder.
Hierdie verhandeling word verdeel in 'n inleiding oor die
metodologie en akademjese verantwoording van die studiegebied
van penologie, die rasionaal v1r die soeke na alternatiewe vir
korttermyngevangenisstraf; die historiese aanloop vir die
vestiging van korrektiewe toesig in Suid-Afrika, die funksionering
van die korrektiewe toesigstelsel van Suid-Af rika, die
funksionering van beide die basiese en intensiewe toesigstelsel
(IPS) van die Staat. Georgia <VSA). Die verhandeling word
afgesluit met 'n aantal aanbevelings ten opsigte van die
toepassing van korrektiewe toesig. / In this dis se rL:i ti on the rPsea t·che r n nde rt.a kes a t heo ret ica l and
philosophical study within a penological perspective in order to
investigate correctional supPrvision as an alternative form of
punishment. Knowledge and insight obtained in this way can be
applied to promote this system in Sout_h Africa.
The thesis is divided into an introduction relating to the
methodology and the academic responsibility of the study area of
penology, the rasionale for an alternative form of short term
imprisonment, the historical backgro11n<l to the establishment of
correctional supervision in South Africa, the functioning of
correctional supervision in South Africa, the functioning of
both the basic probation system and the intensive probation
system in Georgia (USA). This thesis is concluded with a number
of recommendations with regard to the implementation of correctional
supervision. / Sociology / M.A. (Penology)
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Razão e revolução: de Herbert Marcuse, por uma dialética de alteração institucionalDias Gadanha, Alberto 17 July 2014 (has links)
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Previous issue date: 2014-07-17 / Coordenação de Aperfeiçoamento de Pessoal de Nível Superior - CAPES / “Herbert Marcuse‟s „Reason and Revolution‟ towards a institutional changing‟s dialectic” expounds the philosophical reasons of a revolutionnary‟s praxis. The argument is developed by the reciprocity of two dialectic‟s criteria: the historic understanding of the libertarian aims and of its institutional actuality. The freedom as an ontological category, first criterion, and the political process of human liberation, the second, accomplish the elements of the reciprocity‟s dynamics as expounded in “Reason and Revolution” at 1941. The 1960‟s preface, “A note on dialectic” develops the reciprocity between the freedom‟s consciousness and the process of its actuality, as a alternative discourse instead of surrendering to the establishment. The text also recognizes in the Marcuse‟s work of 1966, the analogy between the essential criteria of the dialectic perspective and the understanding that the affluent capitalism‟s negation demands two types of strategies, one stood by the concept of negation one as a internal power and the other as an external one. The internal negation reveals the unaccepetable contradictions of the capitalist system and the external permits understanding the protest for justice and for the human good, universal values, beyond the capitalist system. / “„Raison et Révolution' pour une dialectique de changement institutionel" déploit une fondement philosophique pour la practique révolutionnaire. L'argumentation était déployée par la réciprocité entre deux critères de la dialectique: la compréhension historique des objetives libertaires et la compréhension de sa éféctivité institutionel. La liberté comme catégorie ontologique, prémier critère et le processus politique de libération humaine, le second, constituent les éléments de la dynamique de la réciprocité exposés dans l'oeuvre de 1941, "Raison et Révolution". La réciprocité entre le procesus de connaissance de la libération et le processus de sa éféctivité est confirmée au préface."A note on dialectic" tant comme une language alternative à la capitulation à l'établissement comme le déploiement de l'argumentation à l'année de 1960. Le texte de 1966 "Le concept de négation dans la dialectique" on fait reconnaître l'analogie entre les critères essentiels pour une perspective dialectique et la compréhension que la négation du capitalisme développé demande deux types de stratégies, une fondée sur la négation comme supération interne et l'autre fondée sur la négation extérieure, la première révélée par les contradictions internes d'une totalité-part, la seconde, supération extérieure, que permet de comprendre la clameur de la justice e du bien, éléments universels de la totalité-majeure que la totalité-part capitaliste. / “Razão e Revolução de Herbert Marcuse, por uma Dialética de Alteração Institucional”, expõe a fundamentação filosófica de uma práxis revolucionária. A argumentação é desenvolvida a partir da reciprocidade entre dois critérios da dialética: a compreensão histórica dos objetivos libertários e a compreensão de sua efetivação institucional. A liberdade como categoria ontológica, primeiro critério e o processo político de libertação humana, o segundo, constituem-se elementos da dinâmica de reciprocidade como expostos na obra de 1941, “Razão e Revolução”. No prefácio “A note on dialectic” de 1960, a reciprocidade entre o processo de conscientização da liberdade e o processo de sua efetivação, constitue-se num discurso alternativo à capitulação ao estabelecido. Em 1966, reconhecemos a analogia dos critérios essenciais de uma perspectiva dialética com a compreensão de que a negação do capitalismo tardio exige dois tipos de estratégias, uma fundada na negação enquanto superação interna, e a outra fundada na negação como superação externa, a primeira expressa a partir das contradições internas de um todo-parte e a segunda, a superação externa, permite compreender o clamor por justiça e pelo bem, elementos universais de uma totalidade maior do que o todo-parte capitalista.
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La nationalité des sociétés en droit français / The nationality of companies in French lawBouderhem, Rabaï 17 March 2012 (has links)
Le développement des relations économiques internationales et la construction d’un espace européen intégré tant d’un point de vue économique que politique a relancé le débat sur la nationalité des sociétés. La question n’est pas tant de savoir si les sociétés commerciales disposent d’une nationalité au même titre que les personnes physiques – les solutions en la matière sont depuis longtemps acceptées par la doctrine et la jurisprudence internationales – mais plutôt de déterminer comment cette notion a évolué et s’adapte aux contraintes d’une part, d’une économie de marché mondialisée et d’autre part, du droit de l’Union européenne qui bouleverse les solutions traditionnellement admises en matière de nationalité des sociétés dans les droits internes des Etats membres. Ainsi, les critères de rattachement juridique d’une société à un Etat déterminés par les règles de droit international privé de chaque Etat s’orientent inéluctablement vers le critère anglo-saxon de l’incorporation. L’apparition de nouvelles personnes morales de droit de l’UE comme la Société européenne (SE) ou la future Société privée européenne (SPE) posent également la question de la nationalité et de la loi applicable à ce type de groupement européen. Il en est de même s’agissant des groupes de sociétés dont une réglementation de leurs activités pourrait être relancée dans le cadre du droit de l’UE. / The development of international economic relations and the construction of an integrated European area, both from an economic and a political point of view, has revived the debate on the nationality of trading companies. The question is not so much whether trading companies have a nationality on an equal footing with natural persons – solutions have long been accepted by international doctrine and jurisprudence – but rather to determine how this notion has evolved and adapted to the constraints on the one hand, of a globalized market economy and, on the other hand, of European Union law which overturns the traditionally accepted solutions of nationality of trading companies into the legal systems of Member States. Thus, the criteria for the legal connection of a company to a State determined by the rules of private international law of each Member State are inevitably directed towards the Anglo-Saxon criterion of incorporation. The emergence of new European Union legal entities such as the European Company or the future European Private Company also raises the issue of nationality and the law applicable to this type of European legal entities. The same applies to groups of companies whose regulation of their activities could be revived under European Union law.
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