Thursday, December 22, 2005
Dobris on the RAP
Joel Charles Dobris (UC Davis School of Law) has posted a Comment on the Race to Repeal the Rule Against Perpetuities on SSRN. Here's the abstract:
There has been a race to the bottom among a large minority of jurisdictions to repeal the Rule Against Perpetuities. This Comment discusses obstacles if we wish to rerun the race, at some point in the distant future, as well as some of the possible ways to bring back the Rule. The author also discusses the continued rejection of the repeal by academics. He concludes the professoriate may find it possible to live with the consequences of the race and that if the political will to bring back the Rule comes to exist, that Society will find a way to repeal the repeal.
[Comments are held for approval, so there will be some delay in posting]