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Search Results
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Shares sell agree d by an apparent director of a non-profit corporation
The paper analyzes a judgment of the Court of Appeals of Antofagasta that seller, a non-profit corporation, acted through directors whose election was later annulled in an electoral proceeding. The corporation, together with one of its members, argued that the contract lacked the will of the seller, and that its object was unlawful, because it violated a judicial prohibition to agree contract on the shares, which, however, at the time of the lawsuit had been revoked. The analysis presented in this commentary critically supports that judicial decision, based on the treatment corresponding to the acts entered by apparent directors and the scope of the nullity that derives from the violation of a judicial prohibition to enter into acts and contracts.
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The business behind death. Park cemeteries as non-traditional financial suppliers
This article presents a commentary about the decisión of the 3rd Local Police Court of Maipú, confirmed by the Supreme Court, in which, after analyzing various elements of the promise of sale that the consumer contracted with a cemetery, it was determined that the business was, actually, similar to a leasing, and included the provision of a financial product, being possible to apply rules of Law No. 18.010 in conjunction with Law No. 19.496.
Although this qualification allows greater protection to the consumer against what may be considered a hidden financial product, the concept of “direct credit” allows a better explanation of the contract, allowing to understand that the operation carried out is a money loan, but it’s granted in a fictional way to the consumer.
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The effects of discharge over third party securities
This paper analyzes the effects of the discharge over securities granted by third parties in favor of an insolvent debtor. The thesis we support is that discharge is a personal legal benefit granted to the insolvent debtor, who shall have a substantive defense in case any of its creditors intends to collect any balance of a pre-bankruptcy claim. Due to its personal nature, such defense does not benefit any third-party guarantor.
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The reception of the creation of unauthorized risks in chilean law, as a criterion for objective imputation, can it be distinguished from fault?
This paper explores the confluences between causality and fault. Once it is considered that causality is not satisfied only with material or factual criteria, and that it must necessarily be assisted with normative criteria, the doctrine has raised the confluence of fault and the creation of unauthorized risks, normative criterion of the imputation objective, of German origin. Based on this analysis, it is proposed to distinguish between commissive and omisive causality and it is proposed that, in both cases, fault operates as a mechanism to aid causality.
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FIXING A HOLE: THE NEW REGULATION ON RELATED PARTY TRANSACTIONS DISCLOSURE AND ORDINARY COURSE OF BUSINESS POLICY
Since its entry into force, it was evident that the regulation on related party transactions had a flaw that allowed its circumvention: the rules on ordinary course of business transactions and on reporting to the market of transactions that were not of a material amount. Time and empirical observation confirmed this finding. However, solving this gap was not easy, since the regulation of ordinary course of business transactions, particularly those that take place within corporate groups, must satisfy a dual purpose, which is difficult to balance: to avoid tunneling, but not to hinder the smooth functioning of the companies within these groups. This research paper demonstrates how the new regulation analyzed establishes a framework that allows companies to achieve both objectives, but warns that this, in part, depends on its proper application by the regulated corporations.
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EL DERECHO A LA INDEMNIZACIÓN POR MUERTE DE LAS PAREJAS ESTABLES EN LOS ACCIDENTES DE CIRCULACIÓN
Los accidentes de circulación provocan anualmente muchas muertes y dejan víctimas con derecho a percibir una indemnización. De no ser porque estos accidentes están cubiertos por un seguro de responsabilidad civil de carácter obligatorio, se aplicarían las reglas generales que, en materia de responsabilidad extracontractual, han ido perfilando los tribunales de justicia, hacia la teoría de las indemnizaciones ex iure proprio. Pero el legislador ha considerado necesario controlar el excesivo importe de las indemnizaciones para abaratar los costos del seguro obligatorio y lo ha hecho mediante un insólito sistema: el establecimiento de un baremo vinculante que tasa no sólo las cuantías de las indemnizaciones sino, también, las personas con derecho a ser indemnizados. Estos “perjudicados tabulares” distan de constituir un conjunto claro y preciso de personas, sobre todo si tenemos en cuenta la vertiginosa evolución que, en España, ha sufrido la palabra ‘cónyuge’, después de las reformas del matrimonio por leyes 13/2005 y 15/2005, así como por el nuevo régimen autonómico de las parejas no casadas. En este trabajo hemos expuesto someramente el estado de estas cuestiones en el Derecho español, en sus tres vertientes implicadas en el problema: el Derecho de Daños, el Derecho de Seguros, y el Derecho de Familia.