kaal:claim:1664809-015

Assimilation of US legal rules into European regulatory approaches may itself increase transaction costs for the jurisdiction that changes its law.

Source quote, verbatim

Assimilation of US legal rules in turn may result in increased

From

Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010), 4.1. European Jurisdictions and European Companies, p. 4
https://ssrn.com/abstract=1664809 · source PDF

Cite as

Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010). SSRN: https://ssrn.com/abstract=1664809

Holds when

jurisdictions that alter their law in response to US extraterritorial reach

Classification

mechanismsupport: arguedeconomicslaw-and-legal-systems

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