• 제목/요약/키워드: Clauses

검색결과 386건 처리시간 0.022초

The MFN Principle at Peril in Investment Treaties - with Particular References to Ansung Housing and Beijing Urban Construction

  • Chung, Chan-Mo
    • Journal of Korea Trade
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    • 제24권2호
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    • pp.15-30
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    • 2020
  • Purpose - This paper investigates the theories and practices of Most-Favored-Nation (MFN) clauses. The MFN clause became a controversial issue during the past two decades, especially in the context of investment arbitration. This paper aims to clarify a reasonable way to apply MFN clauses. It in particular focuses on the territoriality requirements and the scope of investment activity which are common features included in most of investment treaties. Design/methodology - This paper analyses two investment arbitration cases, Ansung Housing and Beijing Urban Construction. Through the case study, this paper reveals limitations of the currently dominant views on the operation of MFN clauses. It then tries to reconstruct the system of MFN application within the relevant arbitration principles. Findings - Tribunals of recent investment arbitration as represented in the two cases above employed strict literal interpretation of the treaty provisions, especially of the phrase "in its territory". This paper finds a more functional interpretation is appropriate and consistent with theories of public international law and developments of global economy. Originality/value - Existing studies either stuck to literal interpretation or suggested more flexible interpretation of the phrase "in its territory" without full explanation. This paper tries to fill the gap in the existing discussion by analyzing legal foundations and theoretical structure for an effective interpretation of MFN clauses.

2009년 협회적하약관의 면책조항 상 주요 개정내용에 관한 연구 (A Study on the Major Revised Contents in Exclusion Clauses of the Institute Cargo Clauses 2009)

  • 신건훈;이병문
    • 무역상무연구
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    • 제57권
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    • pp.137-169
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    • 2013
  • This article intends to analyse some features in Exclusion Clauses of the Institute Cargo Clauses 2009 and the results of analysis are following. First, the insufficiency of packing or preparation exclusion under the revised Clause 4.3 is now more limited than before and the Clause suggest the test of sufficiency or suitability "to withstand the ordinary incidents of the insured transit". Secondly, the word "proximately" was deleted under the revised Clause 4.5 for the insurer to be identified more easily as a cause, but it remains to be seen whether that re-drafting will be successful. Thirdly, The exclusion under the revised Clause 4.6 does not apply unless the insurer can prove that, at the time the subject-matter insured is loaded on board the vessel, the assured was aware, or in the ordinary course of business should have been aware, that the relevant insolvency or financial default could prvent the normal prosecution of the voyage, and to a person who purchase the goods from the assured in good faith under a binding contract. Fourthly, the exclusion in respect of unseaworthiness of vessel under Clause 5.1.1 applies only where the assured is privy to the unseaworthiness, whereas the exclusion in respect of unfitness of container or conveyance under Clause 5.1.2 includes the privity of the employee. Finally, Clause 7 establishes the definition of terrorism, and adds ideological and religious motive to political motive.

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해상적하보험에서 통지의무의 문제점에 관한 고찰 (A study on the problems about the obligation to notify in marine cargo insurance)

  • 김희길
    • 무역상무연구
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    • 제46권
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    • pp.211-235
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    • 2010
  • According to the commercial law in Korea, a marine cargo insurance contractor (policyholder, insured person, agent) has the duty to disclose risks before establishing an insurance contract and the obligation to notify changes in risks after before establishing the contract. Marine cargo insurance policy clauses include one about the obligation to notify changes in risks. This clause assumes that an insurance contract should be implemented according to what has been answered to the important questions asked by the insurer in connection with the insurant's duty to disclose before establishing an insurance contract, and it stipulates that, if any change in what has been disclosed should be notified to the insurer since it is regarded as a change in risks. Neglecting the obligation to notify may lead to the termination of the appropriate insurance contract by the insurer. The problems here concern the clauses about changes in risks and about the obligation to notify. The problems are like these. Can it be that the circumstances which might be seen in the past as changes in risks according to the territorial sea laws and institute cargo clauses stipulated long ago are considered as such still today? And a marine cargo insurance policy till valid when changes in risks have not been properly notified by the original discloser of risks to the insured who currently holds the marine cargo insurance policy, which, unlike other insurance policies, is a marketable security? In Korea, the commercial law has a clause the obligation to notify changes in risks established based on the territorial sea laws and institute cargo clauses. In this regard, this study aims to consider if the clause still valid today or not and, if not, to propose alternatives to the clauses.

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FIDIC White Book 일반조건 핵심 리스크 세부조항 도출 - 피딕 클라이언트/컨설턴트 모델 서비스 계약, 2017년 5판 기준으로 - (Deriving Key Risk Sub-Clauses of General Conditions of FIDIC White Book - Based on FIDIC Client/Consultant Model Services Agreement, 5th edition 2017 -)

  • 제재용;홍성열;서성철;박형근
    • 한국건설관리학회논문집
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    • 제24권2호
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    • pp.59-69
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    • 2023
  • FIDIC White Book은 클라이언트와 컨설턴트간 모델 서비스 계약조건이다. 본 연구는 델파이 기법을 활용하여 FIDIC White Book 일반조건의 63개 세부조항들 중 핵심 리스크 세부조항 도출을 목표로 하였다. 해외건설 서비스계약 및 FIDIC White Book에 대한 10년 이상의 경험과 전문지식을 보유한 40명의 전문가 패널을 구성하여 총 3회의 델파이 조사 과정을 통해 전문가의 의견 일치성을 높이는 방향으로 신뢰성을 향상시켰다. 델파이 1차 조사에서는 일반조건 63개 세부조항들 중 리스크의 영향력을 리커트 5점 척도로 폐쇄형 설문조사를 수행하였고 26개의 주요 리스크 세부조항들을 도출하였다. 델파이 1차 조사결과의 내용 타당성은 내용타당도 CVR값으로 검증하였다. 델파이 2차 및 3차 조사에서는 26개의 주요 리스크 세부조항들에 대하여 리커트 10점 척도로 폐쇄형 설문조사를 수행하고 각각의 리스크 발생도 및 영향도를 평가하였다. 델파이 3차 조사 결과의 신뢰성은 변이계수 COV값으로 검증하였다. 26개의 주요 리스크 세부조항들 각각의 리스크 발생도와 영향도 평균값을 PI Risk Matrix에 적용하여 총 14개의 핵심 리스크 세부조항들을 도출하였다. 핵심 리스크 세부조항 도출결과는 구체적인 서비스 범위의 합의, 지연관리, 변경관리가 가장 중요한 것으로 나타났다. 본 연구 결과로 실무관점에서는 컨설팅업체의 컨설턴트가 클라이언트와 서비스 계약을 체결할 때 계약적 리스크 최소화를 위해 검토해야 하는 가이드라인을 제공해 주고 있다. 학문적 관점에서는 해외건설에 참여하는 컨설턴트들을 위한 서비스 계약 관련 핵심리스크 도출에 대한 연구의 방향성을 제시하고 있다.

Improving Execution Models of Logic Programs by Two-phase Abstract Interpretation

  • Chang, Byeong-Mo;Choe, Kwang-Moo;Giacobazzi, Roberto
    • ETRI Journal
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    • 제16권4호
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    • pp.27-47
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    • 1995
  • This paper improves top-down execution models of logic programs based on a two-phase abstract interpretation which consists of a bottom-up analysis followed by a top-down one. The two-phase analysis provides an approximation of all (possibly non-ground) success patterns of clauses relevant to a query. It is specialized by considering Sato and Tamaki’s depth k abstraction as abstract function. By the ability of the analysis to approximate possibly non-ground success patterns of clauses relevant to a query, it can be statically determined whether some subgoals will fail during execution and some succeeding subgoals do not participate in success patterns of program clauses relevant to a given query. These properties are utilized to improve execution models. This approach can be easily applied to any top-down (parallel) execution models. As instances, it is shown to be applicable to linear execution model and AND/OR Process Model.

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가상기업 구현을 위한 계약중개 자동화 시스템의 설계 (Design of An Automated Contract Match-making System for VE Implementation)

  • 정동길
    • 한국전자거래학회지
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    • 제6권1호
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    • pp.1-16
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    • 2001
  • This paper describes a preliminary investigation of contracts with a view towards automating the process of contract match-making. A novel approach based on exploiting Standard Form Contracts(SFC) is described. The approach is shown to be implementable with current technology. A second approach based on Standard Contract Clauses(SCC) which overcomes some of the limitations of Standard Form Contracts, is briefly outlined. The flexibility offered by this approach however, is accompanied by a considerable increase in the complexity of contract match-making. Both Standard Form Contracts and Standard Contract Clauses based match-making point towards an exciting area of future research.

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수도쿠 퍼즐을 통해서 살펴본 SAT에서 전처리 효과 (Effect on Preprocessing in SAT with Sudoku Puzzle)

  • 권기현
    • 한국IT서비스학회지
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    • 제7권2호
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    • pp.127-135
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    • 2008
  • The concept of preprocessing is widely used in various computer science area such as compiler and software engineering for the purpose of macro processing and optimization. In addition, preprocessing is also used in SAT solvers in order to eliminate redundant literals and clauses to speed up its solving time before searching the state space. However, there is an unexpected run-time error such as stack-overflow during this step, in case the size of a given set of clauses is huge which impedes SAT solvers. In this case, the preprocessing should be applied at the encoding time to optimize its size. In this paper this idea is applied to several Sudoku problems. As a result, significant improvements are obtained with respect to the number of variables and clauses as well as the solving time compared to the previous works.

積荷保險에 있어서 保險者의 免責危險에 관한 硏究 (A Study on the Insurer's Excluded Risks in Cargo Insurance)

  • 김형근
    • 한국항해학회지
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    • 제15권3호
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    • pp.53-72
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    • 1991
  • The marine cargo insurance compensates the cargo losses that happened during navigation . at the early days of the marine insurance, the insurer inclusively covered all risks that happended during navigation. But since the feature of the risks have been changed due to the development of the shipbuilding technique and commerce, the insurer could not bear all of the perils inclusively. So, the insurer have taken the limitation of the risks insured and the losses paid by exclusion clauses. Therefore, the purpose ;of this paper is to compare the exclusion clauses in the new Institute Cargo Clause (hereafter I.C.C.) with those in the former I.C.C.(all risks, F.P.A) and to make clear the scope of insurer's liability through the theoretical interpretation, clarification of various excluded risks in laws and clauses relating to marine cargo insurance. From what 1 mentioned above, 1 conclude that through continued study on the exclusion sin the new I.C.C., we should organize and establish a system which will satisfy both underwriters and the assured in making the application and the effectiveness equal for each party.

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A cross-modal naming study: Effects of prosodic boundaries on the comprehension of relative clauses in Japanese

  • Kang, Soyoung;Kashiwagi, Akiko;Nakayama, Mineharu;Speer, Shari R.
    • 비교문화연구
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    • 제24권
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    • pp.157-169
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    • 2011
  • Compared to studies on prosodic effects on the comprehension of syntactic ambiguity in English, there are relatively few that investigated prosodic effects in East-Asian languages. This study examined the role of prosodic information in processing syntactically ambiguous sentences in Japanese. For syntactically ambiguous sentences containing relative clauses, this paper investigated whether prosodic information is immediately available during the process of these ambiguous sentences. Results from an auditory comprehension experiment with an on-line, cross-modal naming task seemingly suggest that contrary to the findings from the off-line study that examined the same constructions, prosodic information may not be immediately available to Japanese listeners. A possible account for failure to obtain effects of prosodic information is provided.

어선보험약관의 담보위험에 관한 연구 (A Study on the Insured Perils of fishing Vessel Insurance Clauses)

  • 박상갑;김종원
    • 한국항해항만학회지
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    • 제31권8호
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    • pp.653-662
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    • 2007
  • 어선보험(漁船保險)은 보험(保險)의 목적(目的)인 어선(漁船)이 보험기간 내에 해상(海上)에서 발생한 해상고유(海上固有)의 위험(危險)인 침몰, 좌초, 충돌, 풍파의 이상한 작용에 의한 손해(損害)와 화재, 손상, 구조 등에 의한 사고(事故)로 인한 손해(損害)를 보상(補償)함을 목적으로 하고 있다. 따라서 이 보험(保險)은 예측할 수 없는 위험(危險)이 상존하고 있는 해상(海上)을 무대로 삶을 영위하는 어업인(漁業人)들에게는 침몰, 좌초, 충돌, 화재 등 다양한 위험(危險)에 노출될 수밖에 없는 자신 소유의 어선(漁船)에 대한 불확실한 위험(危險)에 대한 합리적인 보호대책이며 대비수단인 것이다. 그러나 사고(事故)의 발생장소가 해상(海上)이라는 특수성으로 인하여 보험자(保險者)인 수협(水協)과 해상보험(海上保險)에 익숙하지 않은 보험계약자(保險契約者)인 어업인(漁業人)들 간에 어선보험약관상(漁船保險約款上)의 담보위험(擔保危險)과 면책위험(免責危險)의 적용여부, 그 인과관계, 그리고 보상책임 여부를 둘러싼 논쟁이 일어나기도 한다. 따라서 이 논문(論文)에서는 어선보험약관(漁船保險約款)의 담보위험(擔保危險)을 합리적으로 해석규명하여 이러한 약관상(約款上)의 제반논쟁을 해소함은 물론 해상보험약관상(海上保險約款上) 담보위험(擔保危險)의 문제점을 도출하여 그에 대한 개선방안(改善方案)을 제시하고자 한다.