ContractsProf Blog

Editor: D. A. Jeremy Telman
Valparaiso Univ. Law School

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Tuesday, July 28, 2015

New Scholarship from Across the Pond

Rupert Macey-Dare 

 
Macey-dare Rupert_LargeUniversity of Oxford - Saint Cross College; Middle Temple; Freshfields Bruckhaus Deringer LLP; Minerva Chambers

July 12, 2015
 

Abstract:      

On 2 August 1849, towards the end of a 3 year voyage, the whaling ship Richmond ran aground with a full cargo of oil and whalebone, on the rocky coastline of the Behring Straits. Three passing ships, the Elizabeth Frith, the Panama and the Junior immediately came to the rescue, both of the Richmond's crew and also of the Richmond’s cargo, which they bought for fire-sale prices at an impromptu auction. The Richmond's owners in due course objected, and 7 years later on, in 1856, the validity of the auction was a key issue before the US Supreme Court. This court pronounced the sale invalid and clarified the key legal principal that a contract is only valid if parties have both the power and real freedom to contract.

However there was a second question considered in detail by the Supreme Court, namely what was the alternative fair remuneration that should be substituted for the salvors? This led to a complex and sophisticated analysis of the business risks and fair returns for both parties. Although the context was admiralty law and commercial salvage rather than international tax, the Supreme Court's analysis is remarkably close modern transfer pricing analysis and Post v Jones can perhaps also be viewed as a prototype early transfer pricing type case.
 

Number of Pages in PDF File: 12

 

July 28, 2015 in Recent Scholarship | Permalink

Wednesday, July 22, 2015

New in Print

Pile of BooksJuliet P. Kostritsky, Context Matters -- What Lawyers Say about Choice of Law Decisions in Merger Agreements, 13 DePaul Bus. & Com. L.J. 211 (2015)

Murat Madykov, Step-in Right As a Lender Protection Mechanism in Project Financed Transactions, 13 DePaul Bus. & Com. L.J. 273 (2015)

Genevieve Saumier, The Hague Principles and the Choice of Non-State "Rules of Law" to Govern an International Commercial Contract, 40 Brook. J. Int'l L. 1 (2014)

July 22, 2015 in Recent Scholarship | Permalink

Tuesday, July 21, 2015

Weekly Top Tens from the Social Science Research Network

SSRNSSRN Top Downloads For Contracts & Commercial Law eJournal
RECENT TOP PAPERS 

RankDownloadsPaper Title
1 168 The Law, Economics, and Psychology of Manipulation 
Eric A. Posner 
University of Chicago - Law School 
2 164 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 
3 154 After the Revolution: An Empirical Study of Consumer Arbitration 
David Horton and Andrea Cann Chandrasekher 
University of California, Davis - School of Law and University of California, Davis - School of Law 
4 131 Facilitating Incomplete Contracts 
Wendy Netter Epstein 
DePaul University - College of Law 
5 106 Controlling Shareholder's Long-Term Commitment Through Private Benefits of Control 
Albert H. Choi 
University of Virginia School of Law 
6 102 The Commission's E-Commerce Sector Inquiry – Analysis of Legal Issues and Suggested Practical Approach 
Lars KjølbyeAlessio Aresu and Sophia Stephanou 
Latham & Watkins LLP, Latham & Watkins LLP and Latham & Watkins LLP 
7 94 Lexical Opportunism and the Limits of Contract Theory 
Jeffrey M. Lipshaw 
Suffolk University Law School 
8 93 Reinterpreting the Status-Contract Divide: The Case of Fiduciaries 
Hanoch Dagan and Elizabeth S. Scott 
Tel Aviv University - Buchmann Faculty of Law and Columbia University - Law School 
9 90 Common Law Values: The Role of Party Autonomy in Private Law 
Sarah Worthington 
University of Cambridge - Faculty of Law 
10 88 What We Know About Contract Law and Transacting in the Marketplace – A Review Essay 
John Gava 
Adelaide Law School 

SSRN Top Downloads For LSN: Contracts (Topic)
RECENT TOP PAPERS 

RankDownloadsPaper Title
1 168 The Law, Economics, and Psychology of Manipulation 
Eric A. Posner 
University of Chicago - Law School 
2 164 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 
Date posted to database: 19 May 2015 
Last Revised: 9 Jun 2015
3 154 After the Revolution: An Empirical Study of Consumer Arbitration 
David Horton and Andrea Cann Chandrasekher 
University of California, Davis - School of Law and University of California, Davis - School of Law 
4 131 Facilitating Incomplete Contracts 
Wendy Netter Epstein 
DePaul University - College of Law 
5 102 The Commission's E-Commerce Sector Inquiry – Analysis of Legal Issues and Suggested Practical Approach 
Lars KjølbyeAlessio Aresu and Sophia Stephanou 
Latham & Watkins LLP, Latham & Watkins LLP and Latham & Watkins LLP 
6 93 Reinterpreting the Status-Contract Divide: The Case of Fiduciaries 
Hanoch Dagan and Elizabeth S. Scott 
Tel Aviv University - Buchmann Faculty of Law and Columbia University - Law School 
7 93 Lexical Opportunism and the Limits of Contract Theory 
Jeffrey M. Lipshaw 
Suffolk University Law School 
8 90 Common Law Values: The Role of Party Autonomy in Private Law 
Sarah Worthington 
University of Cambridge - Faculty of Law 
9 88 What We Know About Contract Law and Transacting in the Marketplace – A Review Essay 
John Gava 
Adelaide Law School 
10 83 The Laws of Asian International Business Transactions 
Gilles Cuniberti 
Universite du Luxembourg - Faculty of Law, Economics and Finance

 

July 21, 2015 in Recent Scholarship | Permalink

Thursday, July 16, 2015

New in Print

Pile of BooksRobert M. Jarvis, Aboitiz & Co. v. Price: Some Lingering Questions, 55 Am. J. Legal Hist. 64 (2015)

Christopher K. Odinet, Commerce, Commonality, and Contract Law: Legal Reform in a Mixed Jurisdiction, 75 La. L. Rev. 741 (2015) 

Nadezda Rozehnalova & Jiri Valdhans, Rome I and Rome II Regulations: Choice of Law Compared, 7 J. Eurasian L. 1 (2014)

J.H. Verkerke, Legal Ignorance and Information-Forcing Rules, 56 Wm. & Mary L. Rev. 899 (2015)

July 16, 2015 in Recent Scholarship | Permalink

Tuesday, July 14, 2015

Weekly Top Tens from the Social Science Research Network

SSRNSSRN Top Downloads For Contracts & Commercial Law eJournal
RECENT TOP PAPERS 

RankDownloadsPaper Title
1 161 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 
2 159 The Law, Economics, and Psychology of Manipulation 
Eric A. Posner 
University of Chicago - Law School 
3 145 After the Revolution: An Empirical Study of Consumer Arbitration 
David Horton and Andrea Cann Chandrasekher 
University of California, Davis - School of Law and University of California, Davis - School of Law 
4 142 Freedom to Tinker 
Pamela Samuelson 
University of California, Berkeley - School of Law 
5 127 Facilitating Incomplete Contracts 
Wendy Netter Epstein 
DePaul University - College of Law 
6 96 The Consumer Financial Protection Bureau and the Quest for Consumer Comprehension 
Lauren E. Willis 
Loyola Law School Los Angeles 
7 92 Controlling Shareholder's Long-Term Commitment Through Private Benefits of Control 
Albert H. Choi 
University of Virginia School of Law 
8 92 The Commission's E-Commerce Sector Inquiry – Analysis of Legal Issues and Suggested Practical Approach 
Lars KjølbyeAlessio Aresu and Sophia Stephanou 
Latham & Watkins LLP, Latham & Watkins LLP and Latham & Watkins LLP 
9 90 Reinterpreting the Status-Contract Divide: The Case of Fiduciaries 
Hanoch Dagan and Elizabeth S. Scott 
Tel Aviv University - Buchmann Faculty of Law and Columbia University - Law School 
10 89 A Theory of Global Trade Law and the WTO 
Panagiotis Delimatsis 
Tilburg Law and Economics Center (TILEC) 

SSRN Top Downloads For LSN: Contracts (Topic)
RECENT TOP PAPERS 

RankDownloadsPaper Title
1 264 Two Cheers for Corporate Experimentation: The A/B Illusion and the Virtues of Data-Driven Innovation 
Michelle N. Meyer 
Union Graduate College - Icahn School of Medicine at Mount Sinai Bioethics Program 
2 161 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 
3 159 The Law, Economics, and Psychology of Manipulation 
Eric A. Posner 
University of Chicago - Law School
4 145 After the Revolution: An Empirical Study of Consumer Arbitration 
David Horton and Andrea Cann Chandrasekher 
University of California, Davis - School of Law and University of California, Davis - School of Law 
5 127 Facilitating Incomplete Contracts 
Wendy Netter Epstein 
DePaul University - College of Law 
6 92 The Commission's E-Commerce Sector Inquiry – Analysis of Legal Issues and Suggested Practical Approach 
Lars KjølbyeAlessio Aresu and Sophia Stephanou 
Latham & Watkins LLP, Latham & Watkins LLP and Latham & Watkins LLP 
7 90 Reinterpreting the Status-Contract Divide: The Case of Fiduciaries 
Hanoch Dagan and Elizabeth S. Scott 
Tel Aviv University - Buchmann Faculty of Law and Columbia University - Law School 
8 85 Lexical Opportunism and the Limits of Contract Theory 
Jeffrey M. Lipshaw 
Suffolk University Law School 
9 84 What We Know About Contract Law and Transacting in the Marketplace – A Review Essay 
John Gava 
Adelaide Law School 
10 75 The Laws of Asian International Business Transactions 
Gilles Cuniberti 
Universite du Luxembourg - Faculty of Law, Economics and Finance

 

 

 

July 14, 2015 in Recent Scholarship | Permalink

Tuesday, July 7, 2015

Weekly Top Tens from the Social Science Research Network

SSRNSSRN Top Downloads For Contracts & Commercial Law eJournal
RECENT TOP PAPERS 

RankDownloadsPaper Title
1 214 A Crib Sheet for Contracts Profs 
Victor P. Goldberg 
Columbia Law School 
2 159 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 
3 152 The Law, Economics, and Psychology of Manipulation 
Eric A. Posner 
University of Chicago - Law School 
4 140 After the Revolution: An Empirical Study of Consumer Arbitration 
David Horton and Andrea Cann Chandrasekher 
University of California, Davis - School of Law and University of California, Davis - School of Law 
5 138 Freedom to Tinker 
Pamela Samuelson 
University of California, Berkeley - School of Law 
6 125 Facilitating Incomplete Contracts 
Wendy Netter Epstein 
DePaul University - College of Law 
Date posted to database: 20 May 2015 
Last Revised: 20 May 2015
7 90 The Consumer Financial Protection Bureau and the Quest for Consumer Comprehension 
Lauren E. Willis 
Loyola Law School Los Angeles 
8 89 Reinterpreting the Status-Contract Divide: The Case of Fiduciaries 
Hanoch Dagan and Elizabeth S. Scott 
Tel Aviv University - Buchmann Faculty of Law and Columbia University - Law School 
9 87 A Theory of Global Trade Law and the WTO 
Panagiotis Delimatsis 
Tilburg Law and Economics Center (TILEC) 
10 85 Controlling Shareholder's Long-Term Commitment Through Private Benefits of Control 
Albert H. Choi 
University of Virginia School of Law 

SSRN Top Downloads For LSN: Contracts (Topic)
RECENT TOP PAPERS f

RankDownloadsPaper Title
1 257 Two Cheers for Corporate Experimentation: The A/B Illusion and the Virtues of Data-Driven Innovation 
Michelle N. Meyer 
Union Graduate College - Icahn School of Medicine at Mount Sinai Bioethics Program 
2 214 A Crib Sheet for Contracts Profs 
Victor P. Goldberg 
Columbia Law School 
3 159 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 
4 152 The Law, Economics, and Psychology of Manipulation 
Eric A. Posner 
University of Chicago - Law School 
5 140 After the Revolution: An Empirical Study of Consumer Arbitration 
David Horton and Andrea Cann Chandrasekher 
University of California, Davis - School of Law and University of California, Davis - School of Law 
6 125 Facilitating Incomplete Contracts 
Wendy Netter Epstein 
DePaul University - College of Law 
7 89 Reinterpreting the Status-Contract Divide: The Case of Fiduciaries 
Hanoch Dagan and Elizabeth S. Scott 
Tel Aviv University - Buchmann Faculty of Law and Columbia University - Law School 
8 83 What We Know About Contract Law and Transacting in the Marketplace – A Review Essay 
John Gava 
Adelaide Law School 
9 78 Rethinking Promissory Estoppel 
Eric Alden 
Northern Kentucky University, Chase College of Law 
10 73 Lexical Opportunism and the Limits of Contract Theory 
Jeffrey M. Lipshaw 
Suffolk University Law School

 

July 7, 2015 in Recent Scholarship | Permalink

New Book: Money Awards in Contract Law

WintertonHart Publishing is delighted to announce the publication of

‘Money Awards in Contract Law’ by David Winterton

Hart is pleased to offer you 20% discount on the book

To order online with your 20% discount please click on the link below the title and then click on the ‘pay now’ button on the right hand side of the screen. Once through to the ordering screen type ref: CV7 in the voucher code field and click ‘apply’

Alternatively, please contact Hart Publishing’s distributor, Macmillan Distribution Limited, by telephone or email (details below) quoting ref: CV7

Money Awards in Contract Law

David Winterton

The quantification of money awards for breach of contract is a topic of both significant theoretical interest and immense practical importance. Recent debates have ranged from the availability of gain-based awards to the theoretical basis for principles of remoteness and mitigation. While these and other important issues, such as the recovery of compensation for non-pecuniary loss, are touched upon, the book's principal objective is to challenge the orthodox understanding of the expectation principle, as famously laid down by Parke B in Robinson v Harman. According to this understanding, the usual objective of money awards for breach of contract is to compensate for 'loss' suffered by reference to the position the innocent party would have occupied had the contract been performed. After challenging this orthodoxy, Dr Winterton proposes a new account of the money awards provided in response to breach of contract which draws an important distinction between substitutionary and compensatory awards. The book aims to provide a coherent picture of contractual rights and remedies and will be of interest to judges, practitioners and academics alike.

David Winterton is a Lecturer in Law at the University of New South Wales.

BOOK DETAILS

June 2015   9781849464574   244pp   Pbk   RSP: £50

20% Discount Price: £40

 Order Online

If you would like to place an order you can do so through the Hart Publishing website (link below). To receive the discount, please click on the ‘pay now’ button on the right hand side of the screen. Once through to the ordering screen type ref: CV7 in the voucher code field and click ‘apply’.

http://www.hartpub.co.uk/BookDetails.aspx?ISBN=9781849464574

Alternatively, please contact Hart Publishing’s Distributor, Macmillan Distribution Limited, by telephone or e-mail and quote reference CV7 when placing your order.

Macmillan Distribution (MDL), Brunel Road, Houndmills, Basingstoke, RG21 6XS, UK

UK ORDERS: Tel: +44 (0)1256 302692    Fax: +44 (0)1256 812521 / 812558      E-mail: direct@macmillan.co.uk

EU AND ROW ORDERS: Tel: +44 (0)1256 329242    Fax: +44 (0)1256 842084    E-mail: export@macmillan.co.uk

July 7, 2015 in Books, Recent Scholarship | Permalink

Monday, July 6, 2015

New Scholarship on CFPB's Attempt to Regulate a Part of the Fringe Economy

CodinetFrom the Southern University Law Center's Christopher Odinet (pictured) and newly published in the Banking Law Journal:

Payday Lenders, Vehicle Title Loans, and Small-Value Financing: The CFPB's Proposal to Regulate the Fringe Economy

 You can find the article on SSRN here, where you can also find this abstract:

The market for payday lenders, businesses that provide vehicle title loans, and other small-value financing players is rife with controversy. Some see them as predatory lenders that weave a web of never-ending debt designed to capture the weakest and most economically vulnerable of society. However, advocates of these financial institutions argue that for many Americans who are otherwise shut out of the conventional lending market, these players provide the only viable source of credit in times of economic hardship. Whatever the view, these businesses, their borrowers, and the credit markets that they together comprise are often referred to in legal and economic research and literature as the "fringe economy." And interestingly, aside from a patchwork of state law rules, this area of the financial services sector is fairly unregulated.


However, on Thursday, March 26, 2015 the U.S. Consumer Financial Protection Bureau released a report outlining the agency's long heralded plans to impose nation-wide regulations on the fringe economy. The first part of this article gives an overview of the fringe economy, the types of services and products it provides, and gives a snapshot of existing, state-based regulations. The second part goes into the nuts and bolts of the proposed rules.

 

July 6, 2015 in Contract Profs, Recent Scholarship | Permalink | Comments (0)

Thursday, July 2, 2015

New in Print

Pile of BooksKelli A. Alces, The Fiduciary Gap, 40 J. Corp. L. 35 (2015)

Claudia H. Allen, Bylaws Mandating Arbitration of Stockholder Disputes? 39 Del. J. Corp. L. 751 (2015)

Aaron E. Ghirardelli, Rules of Engagement in the Conflict between Businesses and Consumers in Online Contracts, 93 Or. L. Rev. 719 (2015)

Lori D. Johnson, Say the Magic Word: A Rhetorical Analysis of Contract Drafting Choices. 65 Syracuse L. Rev. 451 (2015) 

Dennis Lazarev, Dispute Resolution Clauses in International Sponsored Research Contracts, 16 Cardozo J. Conflict Resol. 585 (2015)

John Linarelli, Concept and Contract in The Future of International Law, by Joel Trachtman, 67 Rutgers U. L. Rev. 61 (2015)

July 2, 2015 in Recent Scholarship | Permalink

Tuesday, June 30, 2015

Weekly Top Tens from the Social Science Research Network

SSRNSSRN Top Downloads For Contracts & Commercial Law eJournal
RECENT TOP PAPERS 

RankDownloadsPaper Title
1 204 A Crib Sheet for Contracts Profs 
Victor P. Goldberg 
Columbia Law School 
2 158 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 
3 138 The Law, Economics, and Psychology of Manipulation 
Eric A. Posner 
University of Chicago - Law School 
4 135 After the Revolution: An Empirical Study of Consumer Arbitration 
David Horton and Andrea Cann Chandrasekher 
University of California, Davis - School of Law and University of California, Davis - School of Law 
5 134 Freedom to Tinker 
Pamela Samuelson 
University of California, Berkeley - School of Law 
6 133 Pluralistic Legal Theories: In Search of a Common Denominator 
Ronen Perry 
University of Haifa - Faculty of Law 
7 119 Facilitating Incomplete Contracts 
Wendy Netter Epstein 
DePaul University - College of Law 
8 88 Reinterpreting the Status-Contract Divide: The Case of Fiduciaries 
Hanoch Dagan and Elizabeth S. Scott 
Tel Aviv University - Buchmann Faculty of Law and Columbia University - Law School 
9 83 The Consumer Financial Protection Bureau and the Quest for Consumer Comprehension 
Lauren E. Willis 
Loyola Law School Los Angeles 
10 81 A Theory of Global Trade Law and the WTO 
Panagiotis Delimatsis 
Tilburg Law and Economics Center (TILEC) 

SSRN Top Downloads For LSN: Contracts (Topic)
RECENT TOP PAPERS 

RankDownloadsPaper Title
1 242 Two Cheers for Corporate Experimentation: The A/B Illusion and the Virtues of Data-Driven Innovation 
Michelle N. Meyer 
Union Graduate College - Icahn School of Medicine at Mount Sinai Bioethics Program 
2 204 A Crib Sheet for Contracts Profs 
Victor P. Goldberg 
Columbia Law School 
3 158 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 
4 138 The Law, Economics, and Psychology of Manipulation 
Eric A. Posner 
University of Chicago - Law School 
5 135 After the Revolution: An Empirical Study of Consumer Arbitration 
David Horton and Andrea Cann Chandrasekher 
University of California, Davis - School of Law and University of California, Davis - School of Law 
6 133 Pluralistic Legal Theories: In Search of a Common Denominator 
Ronen Perry 
University of Haifa - Faculty of Law 
7 119 Facilitating Incomplete Contracts 
Wendy Netter Epstein 
DePaul University - College of Law 
8 88 Reinterpreting the Status-Contract Divide: The Case of Fiduciaries 
Hanoch Dagan and Elizabeth S. Scott 
Tel Aviv University - Buchmann Faculty of Law and Columbia University - Law School 
9 80 What We Know About Contract Law and Transacting in the Marketplace – A Review Essay 
John Gava 
Adelaide Law School 
Last Revised: 19 May 2015
10 77 Rethinking Promissory Estoppel 
Eric Alden 
Northern Kentucky University, Chase College of Law 

 

 

June 30, 2015 in Recent Scholarship | Permalink

Monday, June 29, 2015

New in Print: Martha Ertman's Book and others

Ertman, Love's Promises

Martha Ertman's new book, Love's Promises: How Formal and Informal Contracts Shape All Kinds of Families (Beacon Press 2015) is the subject an online symposium over at Concurring Opinions.

And in other publication news . . . 

Robert Bejesky, Mercenaries, Myrmidons, and Missionaries, 37 U. Ark. Little Rock L. Rev. 45 (2014)

Gregory Crespi, Agreements to Alter the Limitation Period Imposed by U.C.C. Section 2-725: Some Overlooked Complications, 46 St. Mary's L.J. 199 (2015) 

Royce de R. Barondes, Frictions and the Persistence of Inferior Contract Terms. 9 Va. L. & Bus. Rev. 257 (2015)

Bob Wessels, Contracting Out of Secondary Insolvency Proceedings: The Main Liquidator's Undertaking in the Meaning of Article 18 in the Proposal to Amend the EU Insolvency Regulation, 9 Brook. J. Corp. Fin. & Com. L. 236 (2014)

 Eric A. Zacks, Contract Review: Cognitive Bias, Moral Hazard, and Situational Pressure, 9 Entrepren. Bus. L.J. 379 (2015)

June 29, 2015 in Books, Contract Profs, Recent Scholarship | Permalink

Wednesday, June 24, 2015

Weekly Top Tens from the Social Science Research Network

SSRNSSRN Top Downloads For Contracts & Commercial Law eJournal
RECENT TOP PAPERS 

RankDownloadsPaper Title
1 184 A Crib Sheet for Contracts Profs 
Victor P. Goldberg 
Columbia Law School 
2 180 The Validity of Restraints on Alienation in an Oil and Gas Lease 
Luke Meier and Rory M. Ryan 
Baylor University - Law School and Baylor University - Law School 
3 157 Lex Mercatoria 
Gralf-Peter Calliess 
University of Bremen - Faculty of Law 
4 150 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law
5 133 Freedom to Tinker 
Pamela Samuelson 
University of California, Berkeley - School of Law 
6 130 Pluralistic Legal Theories: In Search of a Common Denominator 
Ronen Perry 
University of Haifa - Faculty of Law 
7 117 Facilitating Incomplete Contracts 
Wendy Netter Epstein 
DePaul University - College of Law 
8 107 After the Revolution: An Empirical Study of Consumer Arbitration 
David Horton and Andrea Cann Chandrasekher 
University of California, Davis - School of Law and University of California, Davis - School of Law 
9 103 The Law, Economics, and Psychology of Manipulation 
Eric A. Posner 
University of Chicago - Law School 
10 96 The Forum Selection Defense 
Stephen E. Sachs 
Duke University School of Law 

SSRN Top Downloads For LSN: Contracts (Topic)
RECENT TOP PAPERS

RankDownloadsPaper Title
1 216 Two Cheers for Corporate Experimentation: The A/B Illusion and the Virtues of Data-Driven Innovation 
Michelle N. Meyer 
Union Graduate College - Icahn School of Medicine at Mount Sinai Bioethics Program 
2 184 A Crib Sheet for Contracts Profs 
Victor P. Goldberg 
Columbia Law Schoo
3 157 Lex Mercatoria 
Gralf-Peter Calliess 
University of Bremen - Faculty of Law 
4 150 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 
5 130 Pluralistic Legal Theories: In Search of a Common Denominator 
Ronen Perry 
University of Haifa - Faculty of Law 
6 117 Facilitating Incomplete Contracts 
Wendy Netter Epstein 
DePaul University - College of Law
7 107 After the Revolution: An Empirical Study of Consumer Arbitration 
David Horton and Andrea Cann Chandrasekher 
University of California, Davis - School of Law and University of California, Davis - School of Law 
8 103 The Law, Economics, and Psychology of Manipulation 
Eric A. Posner 
University of Chicago - Law School 
9 96 The Forum Selection Defense 
Stephen E. Sachs 
Duke University School of Law 
10 86 Reinterpreting the Status-Contract Divide: The Case of Fiduciaries 
Hanoch Dagan and Elizabeth S. Scott 
Tel Aviv University - Buchmann Faculty of Law and Columbia University - Law School 

June 24, 2015 in Recent Scholarship | Permalink

Monday, June 22, 2015

New Scholarship from Jeff Lipshaw

JlipshawFriend of the blog, Jeff Lipshaw (Suffolk Law) has a new article available for download on SSRN.

Here is the abstract:

This essay is a reflection on the gap between the real-life practice of contract law and some of the academic theory that tries to explain it. I define “lexical opportunism” as an adversary’s clever lawyering, using contractual text of a complex business arrangement, ironically as devoid of thoughtful drafting or close negotiation as the boilerplate in a consumer contract, but which, when turned into a legal theory, creates a potential for staggering liability beyond all common sense. A multi-billion lawsuit, recently settled, serves as an example, and triggers my discussion of (a) what it means to engage in theoretical assessment in contract law, (b) how the justification of contract law by way of inhibiting economic opportunism is based on the simplest examples, rather than the kind of contract discourse found in any real-world contract worth spending millions to litigate, and (c) how normative theory based on upholding the moral sanctity of promise keeping evaporates when the parties disagree about the meaning of their promises. I argue that both economic and moral theories about contract law fail to account for issues in the use of language and depend on the naïve adoption of the correspondence theory of truth. The nature of language permits opportunism, and the only check on it is the desire, from whatever motivation, not to be opportunistic. I conclude with what I hope are some constructive thoughts about the appropriate use of theory in lawyering, and thereby mitigate my skepticism whether any single theory or discipline is capable of meaningful explanation or prediction about lexical opportunism.

 

June 22, 2015 in Contract Profs, Recent Scholarship | Permalink

Wednesday, June 17, 2015

New in Print

Pile of BooksWendy Netter Epstein, Facilitating Incomplete Contracts. 65 Case W. Res. L. Rev. 297 (2014)

W. Stanfield. Johnson, Hercules, Winstar, and the Supreme Court's Conspicuous and Potentially Consequential Error, 44 Pub. Cont. L.J. 199 (2015)

David Kenny & Rosemary Hennigan. Choice-of-Court Agreements, the Italian Torpedo, and the Recast of the Brussels I Regulation. 64 Int'l & Comp. L.Q. 197 (2015)

Thomas H. Koenig, & Michael L. Rustad, Fundamentally Unfair: An Empirical Analysis of Social Media Arbitration Clauses, 65 Case W. Res. L. Rev. 341 (2014)

Amy L. Peikoff, Of Third-Party Bathwater: How to Throw out the Third-Party Doctrine While Preserving Government's Ability to Use Secret Agents, 88 St. John's L. Rev. 349 (2014)

Katherine M. Urban, Sustainable Acquisition and the Post-Conflict Environment: Why Adopting a Federal Sustainable Procurement Policy for Post-Conflict Environments that Mirrors those Adopted by Some Local Governments Would Help Lead to Mission Success, 44 Pub. Cont. L.J. 261 (2015)

In addition, we have an entire symposium on Atlantic Marine and forum selection clauses form the Hastings Law Journal 

Hastings Law Journal

Atlantic Marine and Choice-of-Law Federalism

Andrew D. Bradt

Volume 66, Issue 3, 617-42

Full Article

Governing Law on Forum-Selection Agreements

Kevin M. Clermont

Volume 66, Issue 3, 643-74

Full Article

Atlantic Marine and the Future of Party Preference

Scott Dodson

Volume 66, Issue 3, 675-92

Full Article

Atlantic Marine and the Future of Forum Non Conveniens

Robin Effron

Volume 66, Issue 3, 693-718

Full Article

Gaming the System: Protecting Consumers from Unconscionable Contractual Forum-Selection and Arbitration Clauses

Linda S. Mullenix

Volume 66, Issue 3, 719-60

Full Article

Five Questions After Atlantic Marine

Stephen E. Sachs

Volume 66, Issue 3, 761-76

Full Article

Enforcing Forum-Selection Clauses

Bradley Scott Shannon

Volume 66, Issue 3, 777-94f

Full Article

Atlantic Marine Through the Lens of Erie

Adam N. Steinman

Volume 66, Issue 3, 795-822

Full Article

 

 

June 17, 2015 in Government Contracting, Recent Scholarship | Permalink

Wednesday, June 10, 2015

New in Print

Nancy_kimBig news for Nancy Kim fans:

Southwestern Law Review has published the proceedings of a symposium it held on Nancy's book, Wrap Contracts.  Kudos to the Law Review for putting together such a stellar group of contributors and for bringing attention to Nancy's scholarship!

SOUTHWESTERN LAW REVIEW

VOLUME 44

NUMBER 2

SPRING 2015

Nancy Kim's Wrap Contracts Symposium

209

Foreword (PDF)
Robert A. Hillman
   
215 Escaping Toxic Contracts: How We Have Lost the War on Assent in Wrap Contracts (PDF)
Daniel D. Barnhizer
   
231 Norm Shifting By Contract (PDF)
Zev J. Eigen
   
239 Against Contractual Authoritarianism (PDF)
Shubha Ghosh
   
251 Form & Substance in Nancy Kim's Wrap Contracts (PDF)
Danielle Kie Hart
   
265 Challenging the Law Online Southwestern Law Review Symposium on Nancy Kim's Wrap Contracts (PDF)
Allyson Haynes Stuart
   
275 Notice, Assent, and Form in a 140 Character World (PDF)
Juliet M. Moringiello
   
285 Wraps and Copyrights (PDF)
Deborah Tussey
   
297 Preserving Substantive Unconscionability (PDF)
Dov Waisman
   
309 The Wrap Contract Morass (PDF)
Nancy S. Kim

 

June 10, 2015 in About this Blog, Books, Recent Scholarship | Permalink

Tuesday, June 9, 2015

Weekly Top Tens from the Social Science Research Network

SSRNSSRN Top Downloads For Contracts & Commercial Law eJournal
RECENT TOP PAPERS 

RankDownloadsPaper Title
1 210 M&A Contracts: Purposes, Types, Regulation, and Patterns of Practice 
John C. Coates, IV 
Harvard Law School 
2 175 The Validity of Restraints on Alienation in an Oil and Gas Lease 
Luke Meier and Rory M. Ryan 
Baylor University - Law School and Baylor University - Law School 
3 143 Lex Mercatoria 
Gralf-Peter Calliess 
University of Bremen - Faculty of Law 
4 129 A Crib Sheet for Contracts Profs 
Victor P. Goldberg 
Columbia Law School 
5 120 Freedom to Tinker 
Pamela Samuelson 
University of California, Berkeley - School of Law 
6 119 Pluralistic Legal Theories: In Search of a Common Denominator 
Ronen Perry 
University of Haifa - Faculty of Law 
7 103 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 
8 97 Facilitating Incomplete Contracts 
Wendy Netter Epstein 
DePaul University - College of Law 
9 89 The Forum Selection Defense 
Stephen E. Sachs 
Duke University School of Law 
10 75 Online Consumer Contracts: No One Reads, But Does Anyone Care? 
Shmuel I. Becher and Tal Zarsky 
College of Management (Israel) - School of Law and University of Haifa - Faculty of Law 

SSRN Top Downloads For LSN: Contracts (Topic)
RECENT TOP PAPERS 

RankDownloadsPaper Title
1 143 Lex Mercatoria 
Gralf-Peter Calliess 
University of Bremen - Faculty of Law 
2 129 A Crib Sheet for Contracts Profs 
Victor P. Goldberg 
Columbia Law School 
3 119 Pluralistic Legal Theories: In Search of a Common Denominator 
Ronen Perry 
University of Haifa - Faculty of Law 
4 103 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 
5 97 Facilitating Incomplete Contracts 
Wendy Netter Epstein 
DePaul University - College of Law
6 89 The Forum Selection Defense 
Stephen E. Sachs 
Duke University School of Law 
7 86 Two Cheers for Corporate Experimentation: The A/B Illusion and the Virtues of Data-Driven Innovation 
Michelle N. Meyer 
Union Graduate College - Icahn School of Medicine at Mount Sinai Bioethics Program 
8 75 Online Consumer Contracts: No One Reads, But Does Anyone Care? 
Shmuel I. Becher and Tal Zarsky 
College of Management (Israel) - School of Law and University of Haifa - Faculty of Law 
9 68 Rethinking Promissory Estoppel 
Eric Alden 
Northern Kentucky University, Chase College of Law 
10 71 What We Know About Contract Law and Transacting in the Marketplace – A Review Essay 
John Gava 
Adelaide Law School 

 

 

June 9, 2015 in Recent Scholarship | Permalink

Tuesday, June 2, 2015

Weekly Top Tens from the Social Science Research Network

SSRNSSRN Top Downloads For Contracts & Commercial Law eJournal
RECENT TOP PAPERS 

RankDownloadsPaper Title
1 269 Loyalty Rebates after Intel: Time for the European Court of Justice to Overrule Hoffman-La Roche 
Damien Geradin 
George Mason University School of LawTilburg University - Tilburg Law and Economics Center (TILEC) 
2 200 M&A Contracts: Purposes, Types, Regulation, and Patterns of Practice 
John C. Coates, IV 
Harvard Law School 
3 167 The Validity of Restraints on Alienation in an Oil and Gas Lease 
Luke Meier and Rory M. Ryan 
Baylor University - Law School and Baylor University - Law School 
4 134 Lex Mercatoria 
Gralf-Peter Calliess 
University of Bremen - Faculty of Law 
5 116 Private Lenders’ Demand for Audit 
Richard BaylisPete BurnapMark ClatworthyMahmoud Gad and Christopher K. M. Pong 
Cardiff Business School, University of Wales System - Cardiff University, University of Bristol, Department of Accounting and Finance, University of Bristol, Department of Accounting and Finance and Heriot-Watt University - School of Management and Languages 
6 115 A Crib Sheet for Contracts Profs 
Victor P. Goldberg 
Columbia Law School 
7 114 Pluralistic Legal Theories: In Search of a Common Denominator 
Ronen Perry 
University of Haifa - Faculty of Law 
8 114 Freedom to Tinker 
Pamela Samuelson 
University of California, Berkeley - School of Law 
9 98 Other People's Contracts 
Aditi Bagchi 
Fordham University School of Law 
10 89 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 

SSRN Top Downloads For LSN: Contracts (Topic)
RECENT TOP PAPERS

RankDownloadsPaper Title
1 134 Lex Mercatoria 
Gralf-Peter Calliess 
University of Bremen - Faculty of Law 
2 116 Private Lenders’ Demand for Audit 
Richard BaylisPete BurnapMark ClatworthyMahmoud Gad and Christopher K. M. Pong 
Cardiff Business School, University of Wales System - Cardiff University, University of Bristol, Department of Accounting and Finance, University of Bristol, Department of Accounting and Finance and Heriot-Watt University - School of Management and Languages 
3 115 A Crib Sheet for Contracts Profs 
Victor P. Goldberg 
Columbia Law School 
4 114 Pluralistic Legal Theories: In Search of a Common Denominator 
Ronen Perry 
University of Haifa - Faculty of Law 
5 98 Other People's Contracts 
Aditi Bagchi 
Fordham University School of Law
6 89 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 
7 87 The Forum Selection Defense 
Stephen E. Sachs 
Duke University School of Law 
8 82 Facilitating Incomplete Contracts 
Wendy Netter Epstein 
DePaul University - College of Law 
9 75 Two Cheers for Corporate Experimentation: The A/B Illusion and the Virtues of Data-Driven Innovation 
Michelle N. Meyer 
Union Graduate College - Icahn School of Medicine at Mount Sinai Bioethics Program 
Date posted to database: 14 May 2015 
Last Revised: 14 May 2015
10 73 Online Consumer Contracts: No One Reads, But Does Anyone Care? 
Shmuel I. Becher and Tal Zarsky 
College of Management (Israel) - School of Law and University of Haifa - Faculty of Law 

June 2, 2015 in Recent Scholarship | Permalink

Wednesday, May 27, 2015

New in Print

Tuesday, May 26, 2015

Weekly Top Tens from the Social Science Research Network

SSRNSSRN Top Downloads For Contracts & Commercial Law eJournal
RECENT TOP PAPERS 

RankDownloadsPaper Title
1 258 Loyalty Rebates after Intel: Time for the European Court of Justice to Overrule Hoffman-La Roche 
Damien Geradin 
George Mason University School of LawTilburg University - Tilburg Law and Economics Center (TILEC) 
2 191 M&A Contracts: Purposes, Types, Regulation, and Patterns of Practice 
John C. Coates, IV 
Harvard Law School 
3 158 The Validity of Restraints on Alienation in an Oil and Gas Lease 
Luke Meier and Rory M. Ryan 
Baylor University - Law School and Baylor University - Law School 
4 119 Lex Mercatoria 
Gralf-Peter Calliess 
University of Bremen - Faculty of Law 
5 115 Private Lenders’ Demand for Audit 
Richard BaylisPete BurnapMark ClatworthyMahmoud Gad and Christopher K. M. Pong 
Cardiff Business School, University of Wales System - Cardiff University, University of Bristol, Department of Accounting and Finance, University of Bristol, Department of Accounting and Finance and Heriot-Watt University - School of Management and Languages 
6 112 Judicial Deregulation of Consumer Markets 
Max N. Helveston 
DePaul University - College of Law 
7 103 Pluralistic Legal Theories: In Search of a Common Denominator 
Ronen Perry 
University of Haifa - Faculty of Law 
8 101 Freedom to Tinker 
Pamela Samuelson 
University of California, Berkeley - School of Law 
9 96 Other People's Contracts 
Aditi Bagchi 
Fordham University School of Law
10 84 The Forum Selection Defense 
Stephen E. Sachs 
Duke University School of Law 

SSRN Top Downloads For LSN: Contracts (Topic)
RECENT TOP PAPERS 

RankDownloadsPaper Title
1 119 Lex Mercatoria 
Gralf-Peter Calliess 
University of Bremen - Faculty of Law 
2 115 Private Lenders’ Demand for Audit 
Richard BaylisPete BurnapMark ClatworthyMahmoud Gad and Christopher K. M. Pong 
Cardiff Business School, University of Wales System - Cardiff University, University of Bristol, Department of Accounting and Finance, University of Bristol, Department of Accounting and Finance and Heriot-Watt University - School of Management and Languages 
3 112 Judicial Deregulation of Consumer Markets 
Max N. Helveston 
DePaul University - College of Law 
4 103 Pluralistic Legal Theories: In Search of a Common Denominator 
Ronen Perry 
University of Haifa - Faculty of Law 
5 96 Other People's Contracts 
Aditi Bagchi 
Fordham University School of Law 
6 84 The Forum Selection Defense 
Stephen E. Sachs 
Duke University School of Law 
7 80 A Crib Sheet for Contracts Profs 
Victor P. Goldberg 
Columbia Law School 
8 69 Online Consumer Contracts: No One Reads, But Does Anyone Care? 
Shmuel I. Becher and Tal Zarsky 
College of Management (Israel) - School of Law and University of Haifa - Faculty of Law 
9 62 Two Cheers for Corporate Experimentation: The A/B Illusion and the Virtues of Data-Driven Innovation 
Michelle N. Meyer 
Union Graduate College - Icahn School of Medicine at Mount Sinai Bioethics Program 
10 52 The Influence of Comparative Law on the English Law of Obligations 
Andrew Burrows 
University of Oxford - Faculty of Law 

 

May 26, 2015 in Recent Scholarship | Permalink | TrackBack (0)

Wednesday, May 20, 2015

New in Print

Pile of BooksCarl J. Circo, A Case Study in Collaborative Technology and the Intentionally Relational Contract: Building Information Modeling and Construction Industry Contracts, 67 Ark. L. Rev. 873 (2014)

Tal Kastner, How 'bout Them Apples?: The Power of Stories of Agreement in Consumer Contracts, 7 Drexel L. Rev. 67 (2014)

Eric A. Zacks & Dustin A. Zacks, Not a Party: Challenging Mortgage Assignments, 59 St. Louis U. L.J. 175 (2014)

May 20, 2015 in Recent Scholarship | Permalink | TrackBack (0)