Artificial Intelligence (AI) is becoming an essential tool in the legal field, helping lawyers analyze cases, predict legal outcomes, and even automate contracts. While these advancements improve efficiency, they also bring ethical and legal challenges. One major concern is ensuring that AI-based de…

Prior to filing for bankruptcy in 2008, Lehman Brothers Holding Inc., [LBHI] relied upon select repurchase agreements denominated “Repo 105” and “Repo 108” for the purpose of re-casting its balance sheet to meet net leverage ratios required by money markets. SFAS 140, as then existing without the 20…

Legal principles, legal values, and legal norms are essentially part of the same notion. Often in legal literature, legal principles are considered to be legal norms, general legal norms, legal values etc. In fact, legal principles are just legal norms that different from the latter are legal norms …