Abstract
Examining the Problems of priority the “Specific Performance” over “Termination of Contract” in Respect of Economic AbstractIncluding the fundamental question of the Economic Analysis of Law is problems of priority the specific performance over termination of contract that has ...
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Examining the Problems of priority the “Specific Performance” over “Termination of Contract” in Respect of Economic AbstractIncluding the fundamental question of the Economic Analysis of Law is problems of priority the specific performance over termination of contract that has occupied the minds legal and economic scientists. On the Legal Systems of Iran and America, these problems Subheadings the enforcement process, social norms, judicial error, jury trial, mitigation of damages and opportunism must be studied. Then, the solutions of mentioned problems in order to effective the provisions of Iranian Law in respect of economic outlook to Law. Of course, as a findings this article, mentioned problems is removed in two ways specialized approach to contract and the priority the specific performance and termination of contract based on their characteristic (ordinary, commercial and consumer contracts) or the internalization of external costs resulting from specific performance or termination of contract and process of settlement of contractual disputes can be resolved which will be discussed during article. the aim of this article, analysis of the above problems by adopting a comparative approach and Proposals for the reform of legal regulations of Iran in field of remedies of contracts.
Ali Ansari; javad askari dehnavi
Abstract
Banks, like any other commercial entity, are likely to encounter the risk of insolvency and consequently go bankrupt for some reasons. As the provisions on bankruptcy are subject to the rules and regulations of the Commercial Code, the solution for dealing with a bankrupt bank is to declare its bankruptcy ...
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Banks, like any other commercial entity, are likely to encounter the risk of insolvency and consequently go bankrupt for some reasons. As the provisions on bankruptcy are subject to the rules and regulations of the Commercial Code, the solution for dealing with a bankrupt bank is to declare its bankruptcy and liquidate its assets. However, declaring a bank’s bankruptcy and going through the bankruptcy process would have an adverse impact on the economy of the country concerned. Banks play a remarkable role in the development and growth of countries’ economy as a result of lending; thus, their existence and operation are highly vital in the development of domestic and international trade. Furthermore, insolvency and bankruptcy of banks would havoc payment systems and harm the public trust, which eventually result in decline in investments. Therefore, the approach of bankruptcy declaration and liquidation of banking assets exposed to bankruptcy is not a logical approach and it is also not in line with the economic principles. The aim of this article is to discuss the preventive legal tools regarding banks’ bankruptcy, which are at the risk of going bankrupt, in parallel with examining the approach of developed countries in this regard.
Ali Ansari; seyed mortaza shahidi; hassan azarniyush
Abstract
In accordance with the definition of Article 1 of the Securities Market Act, a commitment is a third party's commitment to purchase securities that have not been sold within the deadline. The publisher intends to transfer the various risks involved in the filing process to a trusted one. In this way, ...
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In accordance with the definition of Article 1 of the Securities Market Act, a commitment is a third party's commitment to purchase securities that have not been sold within the deadline. The publisher intends to transfer the various risks involved in the filing process to a trusted one. In this way, the underwriting contract is the role of insurance finance in the supply of securities. Given the existing methods in the capital markets of different countries to conclude an accrual contract, this contract can have a different legal nature. In selected capital markets, the obligee accepts the acquisition of securities, while in the capital market of Iran, the ownership of the securities is not transferred to the obligated issuer. By concluding the contract, the publisher will be obliged to enter into a secondary contract. Subject to the obligation contained in this contract, the intention of the parties in the form of a contract cannot be accepted. Unlike the current method in the capital market in the selected countries, this type of commitment creates a personal relationship and covenant between the parties and there is no transfer of ownership involved.