Obtaining justice might be time consuming, expensive, and uncertain, but confidence in the rule-of-law is what keeps the vast majority of contracts from being broken in the first place.
Using the bankruptcy law to threaten rejection of its labor contracts, United forced the unions in 2003 to accept large cuts in wages and benefits.
Mainstream Islamists, such as the economy minister, Abdullah Shamia, speak not of imposing Islamic law but of respecting contracts with foreign oil companies, diversifying the economy away from oil dependence, wooing investment, and regulating the labour market to block a new influx of migrant workers seeking passage to Europe.
Supporters of the whistleblower law say it is the only way to clamp down on the intractable problem of fraud in government contracts.
Forced by a new law to publish the electricity rates of utility contracts it has approved, the California Public Utilities Commission on Friday issued a report detailing what green energy costs consumers.
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States are all over the place on the legality and enforceability of surrogacy contracts, so it is not surprising that the tax law is resisting being dragged into the brave new world of reproductive outsourcing.
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Much worse could follow as the new board steers contracts to law and building firms, especially if a proposed enlargement of the canal goes ahead.
Short of canceling private contracts made under the law, Washington opted to step in and the salvage the insurer, but not the investment bank, making good its payments with taxpayer cash.
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Instead of written contracts enforceable in a recognized court of law, Sino-Forest operates on the basis of personal relationships, cultivated by its senior management.
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In 2003, with the so-called Biagi law, Berlusconi introduced new kinds of part-time and short-term contracts for those coming into the job market while preserving the security and the privileges of those already employed.
Cadaver organ contracts are the brainchild of George Mason University economist and law professor Lloyd Cohen.
Mr. CHRIS YUKINS (Government Contracting Expert, George Washington University Law School): These are extremely complex contracts, and at the end of the day, the government wants to be slow and deliberate to ensure that the government gets the best deal.
Disgruntled investors will find it hard to prove that the new system has broken these contracts, says Lianne Craig of Hausfeld, a law firm.
Former President Felipe Calderon was able to sign a law to allow exploration deals with foreign companies but political resistance makes the sealing of such contracts difficult.
That could get tricky in fact: for there has long been a move for large contracts to be drawn up under English law rather than any of the various continental forms.
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Another potential rub in welcoming world finance is the rule-of-law problem: Capital markets function on trust, and welshing on derivatives contracts, for example, is not conducive to bringing big money to the mainland.
The law was designed to rein in judges who had repeatedly ignored contracts requiring arbitration, perhaps out of a deep-seated aversion to ceding control over litigation.
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True closed-shop contracts are already prohibited by federal law, on the grounds that they violate the constitutionally guaranteed freedom of association.
For business relationships specifically, the law allows contracts between a auditor and its client only if the auditor is a consumer in the normal course of business and receives no incentives, special pricing or other advantage that other customers would not receive.
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The UTC was released in 2000 after six years of work by the National Conference of Commissioners on Uniform State Laws--a group of lawyers, judges, legislators and law professors that makes recommendations to the states on statutes covering such areas as contracts and family matters.
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