Himmelfarb and Goldberg had been friends and sole shareholders in a large, successful real estate development company for ten years. As the regional economy where the company was based changed, the company began experiencing a…
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Sources And Reasons In the Torah, we find the command to observe a Sabbatical Year, the shemita (Devarim 15:1-11). There are two aspects of this mitzvah: the land is not to be worked and all…
In our highly advanced technological age, the duplication of original works of authorship has become almost effortless. While at one time, manuscripts or books had to be copied laboriously by hand, it is now possible…
Introduction In recent times, inflation has been widely recognized as a menacing social problem. While the rate of inflation in 1982 has considerably abated, its scourge wrenches recent memory. For the years 1980 and 1981,…
Rav Asher Meir is a fellow at Machon Keter, a think-tank which studies halakhic aspects of economic activity. Aside from his Talmudic studies, he completed an advanced economic degree at MIT. I. THE NATURE OF…
(NOTE: This article originally appeared in the Winter 5760/1999 issue of Jewish Action, a magazine publication of the Orthodox Union, and is reprinted herein with permission.) One of the major roles of a beit din…
Prof. Steven H. Resnicoff 1 DePaul University College of Law Amidst allegations of extensive abuse, society is rethinking the appropriate parameters of personal bankruptcy law. Commentators espousing diverse political, moral or religious principles alternatively affirm…
INTRODUCTION* American bankruptcy law offers people the opportunity to avoid repaying their debts, even if they later become wealthy. This is accomplished by granting debtors a “discharge” of their debt, which permanently eliminates their legal…
The social phenomenon of bankruptcy is one that is increasingly familiar to many Americans. In the past decade, major companies previously thought to be virtually invulnerable – airlines, hotel chains, real estate developers – have…
Rav Moshe Taragin, Yeshivat Har Etzion, Israel Koschitzky Virtual Beit Midrash (VBM) I. Introduction In general terms, Beit Din’s role in deciding civil suits between two parties entails gathering evidence and issuing a definitive verdict. The…