Interdisciplinary
S. Kasnavi; S. N. Ebrahimi; M. Bagheri
Abstract
Financing sources used in infrastructure project is not merely equity capital, it is rather more debt capital. One of the most practical method in this regard is project finance. Because of two inherent characteristics of project finance- high leverage and non-recourse - it's necessary to consider special ...
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Financing sources used in infrastructure project is not merely equity capital, it is rather more debt capital. One of the most practical method in this regard is project finance. Because of two inherent characteristics of project finance- high leverage and non-recourse - it's necessary to consider special contractual rights for lenders. The existence of these rights and taking control over the project lead to high interdependence and nexuses of contract to the extent that we can assert the existence of contractual network in project finance. Contractual networks as a separate nature consider more flexibility to draft project contracts and can help to absorb more investment.
Interdisciplinary
Sh. Kasnavi
Abstract
The assessment of any legal system, such as trademark law, requires a comprehensive understanding of that system, and this can be made possible only through awareness of the objectives and foundations of that system. This awareness in trademark law helps us interpret better, especially where there are ...
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The assessment of any legal system, such as trademark law, requires a comprehensive understanding of that system, and this can be made possible only through awareness of the objectives and foundations of that system. This awareness in trademark law helps us interpret better, especially where there are no statutes. Trademark law is highly influenced by both moral and legal issues and the basics of market economy because trademark has fully economic dimensions as well, and the existence of trademark depends on the economic efficiency of the market. This highlights the necessity of an interdisciplinary approach with the aim of understanding this supportive system. Natural law theory and contractual theory legally justify the protection of trademark. Beside these two theories, the search cost theory and incentive of producers, as two important economic factors, justify the protection of trademark even more powerfully. Nonetheless, trademark legal system relies on all these foundations and each of them is necessary to interpret trademark law.
