The Australian Securities and Investment Commission review of life insurance products, released on Wednesday, found "considerable variation" in the rate of rejected insurance claims and claims denied on technical or contractual grounds.
Mr. Donohue's testimony that the contractual grounds for firing Mr. Ovitz were malfeasance and gross negligence prompted some sparring with Mr. Alexander over which definition of the terms applied in the case.
Their contractual basis often is, too.
Perhaps the first question on the mind of legal and philosophical historians is the issue of the degree to which, if any, contractual obligations are grounded in promissory obligations in contemporary legal regimes.
He also discusses how punishment, conceived as the infliction of pain upon someone in proportion to their offense, is likely to have been grounded in the contractual economic relationship between creditor and debtor, i.e., in business relationships.
Although Rawls originally defended a Rule Utilitarian theory of promissory obligation (cf. Two Concepts of Rules, passim, 1955), in A Theory of Justice (1971) he takes promissory obligations to be a matter of justice, and as such grounded in the (contractual) theory of justice, rather than in any more general moral theory.
Fried argued that the traditional approach, which made contractual obligation out to be grounded in promissory obligation, was slowly being usurped by the consequentialist-flavored approaches of the English common law, and he aimed his book as a polemic against this movement.
Based on research on economic mechanisms set up to control coordination between actors in industrial design, we highlight conflict between coordination grounded in a "strictly" contractual approach, on the one hand, and "flexible" types of commitment which take advantage of an increase in information but may have high coordination costs, on the other.
Equally, the record companies do not exactly have the moral high ground here as lawsuits over contractual and licensing terms by artists appear regularly.
Barry Glendenning A relegation dogfight with the added needle of visiting manager Paul Lambert, arguably the world's least controversial man, returning to an old stamping ground he left under a contractual cloud – who'd think a match between Norwich and Aston Villa could be so mouth-watering?
