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Eliahu HirschbergThe Impact of Inflation and Devaluation on Private Legal Obligations

Eliahu HirschbergThe Impact of Inflation and Devaluation on Private Legal Obligations Book Notices ELIAHU HIRSCHBERG. The Impact of Inflation and Devaluation on Private Legal Obligations. Ramat-Gan, Israel: Bar-Ilan University, 1976. Pp . 384. Unfortunately this book make s only a modest addition to th e meagr e literature of (comparative) monetary law. It s author, a single-minded and prolific contributor to journals in man y countries (his own writings tak e u p more than one page of the 7-page bibliography), ha s been tilting relentlessly for many years against th e wind­ mills of nominalism—a not unworthy cause. Th e book is polemical and, despite its size, covers relatively little ground; it is needlessly repetitive, discursive and undis­ ciplined. Its references to primary authority are mainly English interspersed with America n ("Anglo-Saxon"); but these and other references to Continental law (mainly based on secondary sources) are rather incomplete and poorly analyzed. Although the book is date d 1976, th e researc h seemed to hav e stopped many years earlier: which alone detracts greatly from its usefulness on a topic tha t has experi­ enced an enormou s boost in th e recen t past. All th e same, a discerning reader may pick up a few nuggets from this stony and neglected ground. Par t 1 deals with "The General Solution" (nominalism), Part 2 with Value Clauses, Par t 3 with Special Problems : bilateral executory contracts (frustration or rescission?), delayed payment of monetar y obligations (interest only o r damages?), breac h of contract (advocating a rebuttable presumption that the injured party mus t mitigate on breach day) and tort damages (mostly obsolete). J.G.F. GEORGE LEISTNER. tTberdie Veroffentlichungspraxis obersterund hoherer Gerich- te in Westeuropa. Tubingen, 1975. Pp . v, 100. While th e publication of laws in most states is regulate d by statute quite specif­ ically and minutely, the criteria and mechanics for the selection and publication of court decisions are generally not known. Fo r the commo n law jurisdiction s it is know n tha t cases ar e usually selected for reportin g if they introduce new principles or modify existing principles of law. This selection is done mainly by the professional reporters and editors who thus determin e to a large extent the content and the direction of the so called "judge- mad e law." Dr. Leistner goes as far as to call it "reporter-made law," since the reporter s and th e editors usually decide on th e "if," "how," an d "what" of case law reporting, and thus on the development of this law. In civil law jurisdictions, as the recent past has shown, the practical impor­ tanc e of court decisions ha s increased substantially. In addition to th e written and codified law which is the primary source of law in continental jurisdictions, court decisions are more and more assuming the role of a subsidiary source of law. The court s are helping the legislator as interpreters of specific legal situations. Their publicly available decisions are necessary to safeguard, promote and preserve the principles of th e Rechtsstaat. Therefore th e matte r of th e selection and publication of appellate court decisions in civil law jurisdictions deserves to be better known an d documented. Dr. George Leistner has made a significant contribution to remedy the situa­ tion, by providing us with much heretofore unavailable data, obtained from a survey of West European superior and supreme courts conducted in 1973/74. An http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png American Journal of Comparative Law Oxford University Press

Eliahu HirschbergThe Impact of Inflation and Devaluation on Private Legal Obligations

American Journal of Comparative Law , Volume 26 (1) – Jan 1, 1978

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Publisher
Oxford University Press
Copyright
© 1978 by The American Society of Comparative Law, Inc.
ISSN
0002-919X
eISSN
2326-9197
DOI
10.2307/839789
Publisher site
See Article on Publisher Site

Abstract

Book Notices ELIAHU HIRSCHBERG. The Impact of Inflation and Devaluation on Private Legal Obligations. Ramat-Gan, Israel: Bar-Ilan University, 1976. Pp . 384. Unfortunately this book make s only a modest addition to th e meagr e literature of (comparative) monetary law. It s author, a single-minded and prolific contributor to journals in man y countries (his own writings tak e u p more than one page of the 7-page bibliography), ha s been tilting relentlessly for many years against th e wind­ mills of nominalism—a not unworthy cause. Th e book is polemical and, despite its size, covers relatively little ground; it is needlessly repetitive, discursive and undis­ ciplined. Its references to primary authority are mainly English interspersed with America n ("Anglo-Saxon"); but these and other references to Continental law (mainly based on secondary sources) are rather incomplete and poorly analyzed. Although the book is date d 1976, th e researc h seemed to hav e stopped many years earlier: which alone detracts greatly from its usefulness on a topic tha t has experi­ enced an enormou s boost in th e recen t past. All th e same, a discerning reader may pick up a few nuggets from this stony and neglected ground. Par t 1 deals with "The General Solution" (nominalism), Part 2 with Value Clauses, Par t 3 with Special Problems : bilateral executory contracts (frustration or rescission?), delayed payment of monetar y obligations (interest only o r damages?), breac h of contract (advocating a rebuttable presumption that the injured party mus t mitigate on breach day) and tort damages (mostly obsolete). J.G.F. GEORGE LEISTNER. tTberdie Veroffentlichungspraxis obersterund hoherer Gerich- te in Westeuropa. Tubingen, 1975. Pp . v, 100. While th e publication of laws in most states is regulate d by statute quite specif­ ically and minutely, the criteria and mechanics for the selection and publication of court decisions are generally not known. Fo r the commo n law jurisdiction s it is know n tha t cases ar e usually selected for reportin g if they introduce new principles or modify existing principles of law. This selection is done mainly by the professional reporters and editors who thus determin e to a large extent the content and the direction of the so called "judge- mad e law." Dr. Leistner goes as far as to call it "reporter-made law," since the reporter s and th e editors usually decide on th e "if," "how," an d "what" of case law reporting, and thus on the development of this law. In civil law jurisdictions, as the recent past has shown, the practical impor­ tanc e of court decisions ha s increased substantially. In addition to th e written and codified law which is the primary source of law in continental jurisdictions, court decisions are more and more assuming the role of a subsidiary source of law. The court s are helping the legislator as interpreters of specific legal situations. Their publicly available decisions are necessary to safeguard, promote and preserve the principles of th e Rechtsstaat. Therefore th e matte r of th e selection and publication of appellate court decisions in civil law jurisdictions deserves to be better known an d documented. Dr. George Leistner has made a significant contribution to remedy the situa­ tion, by providing us with much heretofore unavailable data, obtained from a survey of West European superior and supreme courts conducted in 1973/74. An

Journal

American Journal of Comparative LawOxford University Press

Published: Jan 1, 1978

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