Vol. 5, No. 17, Autumn 2011

Professor Henry Chesbrough first coined the term “Open Innovation” in 2003, describing Open Innovation (OI) as “a paradigm that assumes that firms can and should use external ideas as well...Read more

The 1960s and 1970s were transformative years for the US. The country was in the midst of a chaotic armed conflict overseas. Civil rights were causing turmoil on city streets....Read more

Cloud computing seems to be on everybody’s mouth as the future trend in IT. Notwithstanding the fact that it has been around for some years, it continues to represent a...Read more

It is evident that payment and settlement systems play an important role for the stability and efficiency of the financial sector and the economy of a country as a whole....Read more

On March 15, 2011, Hitachi Data Systems (HDS), a wholly owned subsidiary of Hitachi, Ltd. in Japan, was recognized by the Ethisphere Institute (www.ethisphere.com) as one of the “2011 World’s...Read more

Any Danish company which has its securities admitted to trading on a regulated market has been exposed to regulation on Corporate Governance throughout the last decade. The Danish Committee on...Read more

Increasing democratic legitimacy in the whole European Union is a ‘‘healthy thing’’, so as to avoid current crises in the future, which in one way or another are related to...Read more

On 1st July 2011, the UK Bribery Act 2010 (“Bribery Act) has entered into force , thus paving the way for a new stage in the battle to bribery and...Read more

Companies are incorporated under the respective laws of the country to create a separate legal entity – an artificial personality – but they cannot act on their own. They need...Read more

Over the past few years, we have witnessed a great deal of corporate scandals from financial and non-financial institutions which were caused in part by failures of corporate culture, ethics...Read more

Data protection is an important aspect of the pharmaceutical industry throughout all stages of a product lifecycle – from innovation to exit. In the early stages of product development, manufacturers...Read more

This article looks at the conflict between commercial and legal aspects of EU policy making. In particular in the consumer finance sector whether two fundamental planks – Data Protection and...Read more

The Supreme Administrative Court of the Czech Republic opened by its judgment dated 9th December 2010 further questions related to the relationship between a Czech company and its statutory directors...Read more

When the “Ashurst Study on the conditions of claims for damages in case of infringement of EC competition rules” was published in 2004, it concluded that a "total underdevelopment" and...Read more

The current economic and financial situation is providing for interesting investment opportunities in consumer loan portfolios owned by banking entities in many countries. While these portfolios may comprise either performing...Read more

One provision of the Leahy-Smith America Invents Act of 2011 (the “America Invents Act”) that has been less noticed is a litigation procedure reform: Section 299 Joinder of Parties. This...Read more

Attorney-client privilege is usually waived if privileged information is disclosed to a third party. Corporations and universities face complicated privilege issues because of a need to sometimes share privileged information...Read more

The annual IACCM study of the most frequently negotiated terms in business-to-business contracts once again reveals a strong focus on the provisions that deal with risk allocation and the consequences...Read more