A LEGAL ANALYSIS OF THE PROVISIONS OF VOLUME CONTRACT UNDER ROTTERDAM RULES

Volume contract as a new regime was introduced into the Rotterdam Rules by the proposal of the U.S. Delegation, which has pros and cons in terms of its inclusion. We shall admit that, since the early form of service contract has been successfully applied in the transportation trade in the U.S., this regime indeed has its vitality. The author hereunder focuses on the inclusion of volume contract in the Rotterdam Rules, and introduces the history of the advent of service contract in the U.S. and then the advantages of the service contract of its application. Furthermore, the author analyzes the relevant provisions regarding volume contract in the Rotterdam Rules, as well as some critiques with respect to the concept of volume contract and provisions accordingly in the rules.     

IMAGINING THE LAW: COMMON LAW AND THE FOUNDATIONS OF THE AMERICAN LEGAL SYSTEM

Now Doniger paced, using Kramer as an audience of one, "We are all ruled by the past, although no on understands it. No one recognizes the power of the past" he said, with a sweep of his hand.
"But if you think about it, the past has always been more important than the present. The present is like a coral island that sticks above the water, but is built upon millions of dead corals under the surface, that no one sees. In the same way, our everyday world is built upon millions and millions of events and decisions that occurred in the past. And what we add in the present is trivial.