kaal:claim:1664809-022

Overlapping regulation and inconsistent legal rules create uncertainty, so that individual board members of European companies and their attorneys will not know which legal rules apply or what effects those rules may have.

Source quote, verbatim

Overlapping regulation and inconsistent legal rules create uncer-

From

Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010), 4.3. Legal Uncertainty, p. 5
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

companies exposed to more than one regulatory regime

Classification

mechanismsupport: arguedfailure: dual-regime-uncertaintyfamily: jurisdictional-conflictlaw-and-legal-systemscorporate-governancecompliance

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