kaal:claim:1664809-033
Overlapping regulation must be distinguished from conflicting regulation: only conflicting regulation could violate international law, because the territorial integrity of a state is breached only where there is a specific true conflict in the substantive legal norms of the respective states.
Source quote, verbatim
It is important to distinguish 'overlapping' from 'conflicting' regulation. Conflicting regulation could violate international law.
From
Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010), 4.2. Overlapping Regulation, 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
Classification
definitionalsupport: arguedinstitutional-design
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