Bankruptcy: Bank Which in Good Faith and Without Notice Honors Client’s Check After He Is Adjudicated Bankrupt Not Liable to Trustee for Depletion of the Bankrupt’s Estate

Relying on contractual and equitable principles to overcome fairly explicit statutory language, the United States Supreme Court in Bank of Marin v. England refused to hold the bank liable for funds of a depositor which had been dispersed without notice of the latter\u27s voluntary filing of a petition in bankruptcy. While the decision promotes the security of commercial transactions in which checks are chosen as the form of payment, the Court\u27s analysis is not without deficiencies. This note, in addition to attempting a more palatable justification for the holding with reliance in part upon countervailing provisions of the Bankruptcy Act, also presents suggestions for legislative reformation which would achieve, without complication, the result promoted by the Marin majority

A New International Division of Labor in Europe: Offshoring and Outsourcing to Eastern Europe

Europe is reorganizing its international value chain. I document these changes in Europe’s international organization of production with new survey data of Austrian and German firms investing in Eastern Europe. I show estimates of the share of intra-firm trade between Austria and Germany on the one hand and Eastern Europe on the other. Furthermore, I present empirical evidence of the drivers of the new division of labor in Europe. I find among other things that falling trade costs and falling corruption levels as well as improvements in the contracting environment in Eastern Europe are affecting the level of intra-firm imports from Eastern Europe. They are also favoring outsourcing over offshoring. Low organizational costs of hierarchies and large costs of hold-up (when there are no alternative investors in Old Europe or no alternative suppliers in Eastern Europe) are favoring offshoring over outsourcing. Tax holidays granted by host countries in Eastern Europe also mildly affect the organizational choice

Value Attainment, Orientations, and Quality-Based Profile of the Local Political Elites in East-Central Europe. Evidence from Four Towns

The present paper is an attempt at examining the value configuration and the socio-demographical profiles of the local political elites in four countries of East-Central Europe: Romania, the Czech Republic, Bulgaria, and Poland. The treatment is a comparative one, predominantly descriptive and exploratory, and employs, as a research method, the case-study, being a quite circumscribed endeavor. The cases focus on the members of the Municipal/Local Council in four towns similar in terms of demography and developmental strategies (i.e. small-to-medium sized communities of around 35,000 inhabitants, with economies largely based on food industry and commercial activities): Tecuci (Galați county, Romania), Česká Lípa (Liberec region, Czech Republic), Targovishte (Targovishte province, Bulgaria), and Oleśnica (Lower Silesia province, Poland). Hypothesizing that the local elites of the former Sovietized Erurope tend to differ in outlook, priorities, and value attainment, as compared to their Western counterparts, the paper considers the former’s attitudes and perspectives in regard to seven values: a series of values customarily connected with the concept of ‘democracy’ (i.e. citizen participation, political conflict, gradual change, economic equality), state intervention in economy, decentralization and increased local autonomy, cultural-geographical self-identification. The study uses, as well, five models of value attainment in what concerns the ‘ideal portrait’ of the local councilor (Putnam 1976): ethical, pragmatic, technocratic, political, and gender. According to the results of a study applying a standard written questionnaire among the local councilors of the three communities in the period December 2010-February 2013, the paper distinguishes among three corresponding types of local elites: (1) ‘predominantly elitistic,’ (2) ‘democratic elitist,’ and (3) ‘predominantly democratic,’ following two types of explanation accounting for the differences among the four cases: the legacy of the defunct regime and the degree of administrative decentralization

Theatre as a Form of Greatness

In her attempt of proving the theatricality of the theatre, Maria Vodă Căpuşan cultivates a solidly assimilated bibliography, as well as last minute analytical instruments. Her essays have a predominantly theoretical nature, referring less to a certain play or performance, and more to the theatrical phenomena, with its fundamental dimensions and conceptualizations. The author believes that the mythical scripts of the 20th century drama conserve their modelling and integrative functions regardless of the denying passion of different literary, avant-garde or simply modernist movements. Within her books, Maria Vodă Căpușan offers theoretical syntheses worthy of interest from the perspective of new methodological and epistemological approaches applied with a critical discernment and inconspicuous erudition

J Occup Environ Med

ObjectiveTo determine the prevalence of carpal tunnel syndrome (CTS) in Latino poultry processing workers.MethodsSymptoms and nerve conduction studies were used to prospectively assess 287 Latino poultry processing workers and 226 Latinos in other manual labor occupations.ResultsThe prevalence of CTS was higher in poultry processing (8.7%) compared to non-poultry manual workers (4.0%, p < 0.0001). The adjusted odds ratio for the prevalence of CTS in poultry workers was 2.51 (95% CI of 1.80 to 3.50) compared to non-poultry workers. Within the poultry workers, those who performed packing, sanitation, and chilling had a trend toward less CTS than those who performed tasks requiring more repetitive and strenuous hand movements.DiscussionLatino poultry processing workers have a high prevalence of CTS, which likely results from the repetitive and strenuous nature of the work.1K23NS062892/NS/NINDS NIH HHS/United StatesK23 NS062892/NS/NINDS NIH HHS/United StatesK23 NS062892-03/NS/NINDS NIH HHS/United StatesR01OH009251/OH/NIOSH CDC HHS/United States2013-02-01T00:00:00Z22258161PMC327567

The Opening Up of Eastern Europe at 20-Jobs, Skills, and ‘Reverse Maquiladoras’ in Austria and Germany

Many people in the European Union fear that Eastern Enlargement leads to major job losses. More recently, these fears about job losses have extended to high skill labor and IT jobs. The paper examines with unique firm level data whether these fears are justified for the two neighboring countries of Eastern Enlargement Austria and Germany. We find that Eastern Enlargement leads to surprising small job losses of less than 0.5 percent of total employment in Germany and of 1.5 percent in Austria, because jobs in Eastern Europe do not compete with jobs in Austria and Germany. Low cost jobs of affiliates in Eastern Europe help Austrian and German firms to stay competitive in an increasingly competitive environment. However, we also find that multinational firms in Austria and Germany are outsourcing skill intensive activities to Eastern Europe taking advantage of cheap abundant skilled labor there. We find that the firms’ outsourcing activities to Eastern Europe are a response to a human capital scarcity in Austria and Germany which has become particularly severe in the 1990s. We indeed find a reverse pattern of ‘Maquiladoras’ emerging with Eastern Enlargement in Austria and Germany compared to what economists have found for the North American Free Trade Agreement. Skilled workers in Austria and Germany are losing from outsourcing. In both countries outsourcing contributes 35 percent and 41 percent, respectively, to changes in relative wages for skilled workers in Austria and Germany. To address the skill exodus to Eastern Europe we suggest liberalizing the movement of high skill labor

Holography and non-locality in a closed vacuum-dominated universe

A closed vacuum-dominated Friedmann universe is asymptotic to a de Sitter space with a cosmological event horizon for any observer. The holographic principle says the area of the horizon in Planck units determines the number of bits of information about the universe that will ever be available to any observer. The wavefunction describing the probability distribution of mass quanta associated with bits of information on the horizon is the boundary condition for the wavefunction specifying the probability distribution of mass quanta throughout the universe. Local interactions between mass quanta in the universe cause quantum transitions in the wavefunction specifying the distribution of mass throughout the universe, with instantaneous non-local effects throughout the universe.Comment: 4 pages, no figures, to be published in Int. J. Theor. Phys, references correcte

Matheme of Phantasy and Object of Desire in Hamlet

“What is a father?” That is the question. This paper discusses Hamlet emphasizing the concept of desire and its formation for any human being. From a Lacanian psychoanalytical point of view, a difference between need, demand, and desire will be considered, in order to better understand how desire appears from the fabric of a topological surface and takes its place in the reality of the subject. Then the matheme of phantasy and the various objects that present themselves in Hamlet, namely Ophelia and others, as well as the stages of the relationship between Hamlet and his object will be analyzed. The analysis of the obsessional structure allows a better understanding of the movement of desire and action in Hamlet, without stating an obsessional structure in the character itself because what is interesting in the end is that Hamlet actually illustrates the place of desire for any human being. Following Lacan’s seminars, the paper will approach the relationship between faith and death, as well as the Borromean place of the Symbolic, with the consequences that emerge when the Symbolic crashes. This way, one could get closer to the fundamental question, pertaining to the function of the father and the unfortunate lifting of the veil that places Hamlet in an impossible position from which he cannot act to fulfill his destiny because the existence of desire is conditioned by the faith in death. The answer to the question would be that a father is seen in the context of actioning as a function, like a mathematical function, to orient the desire of the mother. Instead, in Hamlet, there is only legacy of a sin