Juridiskā zinātne最新文献_第2页

Subordinated Bonds and the Fulfilment of Their Obligations in the Event of State Aid 在国家援助情况下，次级债券及其义务的履行

Juridiskā zinātne Pub Date : 2023-10-16 DOI: 10.22364/jull.16.08

Jānis Kārkliņš, Pauls Zeņķis

{"title":"Subordinated Bonds and the Fulfilment of Their Obligations in the Event of State Aid","authors":"Jānis Kārkliņš, Pauls Zeņķis","doi":"10.22364/jull.16.08","DOIUrl":"https://doi.org/10.22364/jull.16.08","url":null,"abstract":"A bond is a debt security, under which its issuer undertakes to repay to the bondholder the principal of the bond and the interest (the coupon) at a specified point in time, which is to be considered as the redemption of bonds. Bonds have several types: bonds issued by the public sector, bonds issued by capital companies, publicly available bonds, private bonds, convertible bonds, contingent convertible (CoCo) bonds, exchangeable bonds, exchange bonds, callable bonds, subordinated bonds, etc. In economic circulation, subordinated bonds are widespread securities. The subordinated obligation in the bond distinguishes the subordinated bond from other bonds. At the same time, the underlying relationship entails significant risks for the fulfilment of the obligations arising from the bond, which is outweighed by the higher profitability of such bonds. However, there are cases where the obligations arising from subordinated bonds are never met. Such cases may be based not only on the insolvency of the issuer of the subordinated bonds but also on the existence of State aid received by the issuer. In view of the recent financial difficulties of several banks, the likelihood of an issuer that has received State aid being able to meet its obligations under subordinated bonds becomes a particularly acute matter.","PeriodicalId":494816,"journal":{"name":"Juridiskā zinātne","volume":"76 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136115157","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Perspectives and Methodological Peculiarities in Developing the Form of Governance in the Republic of Armenia 发展亚美尼亚共和国治理形式的视角和方法论特点

Juridiskā zinātne Pub Date : 2023-10-16 DOI: 10.22364/jull.16.07

Anahit Manasyan

{"title":"Perspectives and Methodological Peculiarities in Developing the Form of Governance in the Republic of Armenia","authors":"Anahit Manasyan","doi":"10.22364/jull.16.07","DOIUrl":"https://doi.org/10.22364/jull.16.07","url":null,"abstract":"The current article considers the issues concerning perspectives and methodological peculiarities of developing the model of governance in the Republic of Armenia. The history of developing the form of governance in the Republic of Armenia, advantages and disadvantages of different forms of governance, factors and circumstances, which should underlie the selection of the form of governance are studied in the article. The author concludes that, while speaking on the forms of governance, we are often guided by fictional perceptions, which should be overcome and cannot serve as the basis for reforms concerning the aforementioned issue. Moreover, in the result of processes of legal convergence, the forms of governance have borrowed from each other the mechanisms that are not originally typical of them, and from this aspect their rapprochement can frequently be noted. The author notes that the problems, solution of which is the main reason for continuous changes of the form of governance, will not be solved in conditions of new reforms implemented by the same logic. Hence, the axis of the problem of the further improvement of the model of governance in the Republic of Armenia should be transformed from the issue of making a choice between this or that form of governance, and the attention should primarily be focused on improving the mechanisms of separation and balance of powers, as well as forming and strengthening constitutional and political traditions and culture.","PeriodicalId":494816,"journal":{"name":"Juridiskā zinātne","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136113140","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Victim of Crime and the State’s Liability for the Result of Criminal Proceedings 犯罪被害人与国家对刑事诉讼结果的责任

Juridiskā zinātne Pub Date : 2023-10-16 DOI: 10.22364/jull.16.04

Kristīne Strada-Rozenberga, Dāvids Gurevičs

引用次数: 0

First Century of the Satversme: Constitutional Development and Perspectives 第一世纪:宪法的发展与展望

Juridiskā zinātne Pub Date : 2023-10-16 DOI: 10.22364/jull.16.06

Ringolds Balodis, Jānis Pleps

引用次数: 0