The Effect of Violation of the Rule Against Perpetuities in Missouri

It will suffice to observe at this point that there is a wide disposition among lawyers to conclude that in Missoui a limitation void for remoteness contaminates and renders void the entire property disposition of which the void limitation is part. That view is shared by that eminent authority on Missouri real property law, Mr. McCune Gill. It has undoubted pragmatic force because it is the governing principle for title examiners, under whose -scrutiny fall property dispositions far more numerous than those which come before the courts. Froni an equitable standpoint, there is little to commend such a concept of total invalidity

The Rule Against Perpetuities in Missouri, 1952-1983

A little more than thirty years ago, I wrote for this Quarterly an article in which I discussed the effect in Missouri of a limitation void for remoteness upon other limitations contained in the same deed or will which, of themselves, were not remote. This Article is not intended to cover the same ground as the earlier article, though occasional references to it may be necessary to gain perspective. The focus at the present time is upon the happenings touching upon the rule against perpetuities since 1952. This focus requires a widening of scope beyond examination of questions concerning the effect of violation of the rule. It also dictates a narrowing of the period being examined which will undoubtedly entail omission of discussion of some important principles which were not dealt with by the cases during the period

Juxtaposing BTE and ATE – on the role of the European insurance industry in funding civil litigation

One of the ways in which legal services are financed, and indeed shaped, is through private insurance arrangement. Two contrasting types of legal expenses insurance contracts (LEI) seem to dominate in Europe: before the event (BTE) and after the event (ATE) legal expenses insurance. Notwithstanding institutional differences between different legal systems, BTE and ATE insurance arrangements may be instrumental if government policy is geared towards strengthening a market-oriented system of financing access to justice for individuals and business. At the same time, emphasizing the role of a private industry as a keeper of the gates to justice raises issues of accountability and transparency, not readily reconcilable with demands of competition. Moreover, multiple actors (clients, lawyers, courts, insurers) are involved, causing behavioural dynamics which are not easily predicted or influenced. Against this background, this paper looks into BTE and ATE arrangements by analysing the particularities of BTE and ATE arrangements currently available in some European jurisdictions and by painting a picture of their respective markets and legal contexts. This allows for some reflection on the performance of BTE and ATE providers as both financiers and keepers. Two issues emerge from the analysis that are worthy of some further reflection. Firstly, there is the problematic long-term sustainability of some ATE products. Secondly, the challenges faced by policymakers that would like to nudge consumers into voluntarily taking out BTE LEI

Penilaian Kinerja Keuangan Koperasi di Kabupaten Pelalawan

This paper describe development and financial performance of cooperative in District Pelalawan among 2007 - 2008. Studies on primary and secondary cooperative in 12 sub-districts. Method in this stady use performance measuring of productivity, efficiency, growth, liquidity, and solvability of cooperative. Productivity of cooperative in Pelalawan was highly but efficiency still low. Profit and income were highly, even liquidity of cooperative very high, and solvability was good

Search for stop and higgsino production using diphoton Higgs boson decays

Results are presented of a search for a "natural" supersymmetry scenario with gauge mediated symmetry breaking. It is assumed that only the supersymmetric partners of the top-quark (stop) and the Higgs boson (higgsino) are accessible. Events are examined in which there are two photons forming a Higgs boson candidate, and at least two b-quark jets. In 19.7 inverse femtobarns of proton-proton collision data at sqrt(s) = 8 TeV, recorded in the CMS experiment, no evidence of a signal is found and lower limits at the 95% confidence level are set, excluding the stop mass below 360 to 410 GeV, depending on the higgsino mass