Module D - OCTOBER - 2021-2
Module D - OCTOBER - 2021-2
Module D - OCTOBER - 2021-2
LWM01D to LWM85D
POSTGRADUATE CERTIFICATE IN LAWS
POSTGRADUATE DIPLOMA IN LAWS
LLM EXAMINATION
This examination booklet contains all Module D examination papers coded LWM01D-
LWM85D. Each candidate will receive a copy of this booklet in its entirety to be used
for the duration of the examination. For each Module D examination, candidates will
have ten minutes to locate their paper and for reading time. They will then have the
remaining forty-five minutes in which to answer the paper and five minutes to upload
their answer.
Papers may be answered in any order.
IMPORTANT
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LWM01D
UNIVERSITY OF LONDON
ADMIRALTY LAW
1. The Groot was engaged to provide towage services to the Rocket under a contract
subject to the UKSTC. The contract contained the following clauses:
1.‘Whilst towing, the tug owners shall not be responsible for any loss, damage,
delay whatsoever caused to the tow, or for any failure to complete the towage
service howsoever caused, whether due to any unseaworthiness or breakdown of
the tug.’
and
2. ‘The owner of the tow shall indemnify the tug owners against all and every claim
in respect of any loss or damage arising in connection with the towage operation,
or caused by the neglect of the tug owner and/or their servants.’
Upon reaching the vicinity of the Rocket, the Groot grounded. She suffered hull
damage and returned to port. A replacement tug, the Drax, was supplied. The
Drax was an old, underpowered vessel. In an attempt to move the Rocket, the
Drax’s gear failed. As a result, both the Drax and the Rocket hit some rocks and
both ships sank.
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2. The Duck an oil tanker on ballast, was navigating through a busy shipping area
when the engines stopped working. The master of the Duck immediately dropped
anchor.
With the weather deteriorating the master asked the shipowner to provide
assistance and the shipowner arranged for a tug to approach the Duck and tow it
to safety. Two hours after the communication was received by the master of the
Duck, the Hero, a tug owned by Treasure Ltd., offered to help.
The master of the Duck signed an LOF contract which incorporated the SCOPIC
clause and a line was passed to the Duck from the Hero. Two hours later the
master of the Hero invoked the SCOPIC clause by sending, via email, a signed
form to the owners of the Duck. The owners of the Duck protested that they have
never agreed any contract of salvage either with the Hero or with Treasure Ltd.
At the same time another tug, the Strong, came along the Duck and its master told
the master of the Duck that they have been commissioned by the owners to salve
the ship. The arrangement with the Strong was made under LOF, for a fixed
amount. The place of delivery of the Duck under the second LOF with the Strong
was agreed to be the place of discharge of the cargo which was several thousand
miles away and was not the closest place of safety. These arrangements were
confirmed by the owners of the Duck who ordered the master to wait for 45
minutes.
You have been asked by the owners of the Duck about the options available in
having the salvage performed and the potential risks each option has.
END OF PAPER
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LWM03D
UNIVERSITY OF LONDON
a) The tribunal refused to give the respondent the same time as the claimant to
make representations;
b) The tribunal awarded punitive damages against the respondent.
END OF PAPER
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LWM05D
UNIVERSITY OF LONDON
1. ‘When interpreting the Hague-Visby Rules, English courts have never had regard
to the way the rules have been interpreted in other jurisdictions.’
Discuss whether you agree with this statement and support your answer with case
law.
2. With a contract of sale on CIF terms (Hull, UK), Wisdom Trading Ltd bought 1000
tonnes of coal from International Trading Ltd from Best Trading Ltd. At the port of
New York, USA, the consignment was shipped aboard The Wise and destined for
Hull.
During the shipment of the cargo, the master saw that the coals had been badly
broken up by mishandling. A bill of lading made out to Wisdom Trading Ltd was
issued for the cargo but the bill of lading did not contain the words “or order”. After
being provided with a letter of indemnity, the master agreed to describe the cargo
in the bill of lading as “a consignment of coal shipped in apparent good order and
condition, said to weigh 1000 tonnes, weight, quantity, quality and condition
unknown”.
The bill of lading contained, inter alia, the following clauses:
Clause 5. The carrier will not be liable for any damage or loss due to any
breach or non-performance of any obligation arising out of the
contract of carriage, whether or not relating to the vessel’s
seaworthiness.
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Clause 6. The carrier has absolute freedom to transship the cargo and takes
no responsibility whatsoever in the case of a cargo loss or
damage during or after transshipment.
During the sea transit, a fire started and attempts to extinguish the fire caused
water damage to the cargo. The vessel was then put into New Orleans, US,
where the master unloaded the cargo, which was then shipped onto another
vessel, Sleeping Bunnies and destined for Hull.
Wisdom Trading Ltd endorsed the bill of lading to Duffus & Co Ltd, the on-
buyers of the cargo. On arrival of Sleeping Bunnies, Duffus & Co Ltd noticed
the apparent damage to the cargo. In order to avoid litigation, Duffus & Co Ltd
sold the cargo to its subsidiary Gill & Co Trading Ltd and endorsed the bill of
lading to them.
END OF PAPER
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LWM06D
UNIVERSITY OF LONDON
1. ‘The Trustee Act 2000 effected significant changes to trusts law. Nevertheless, the
Trustee Act 2000 does not offer anything like the sort of regulation which was
created under the Financial Services and Markets Act 2000 to govern financial
transactions. Compared to financial regulation, the law of trust investment looks
very under-developed.’
Discuss.
2. ‘The case law dealing with the investment of trusts was built on such vague and
general concepts that it offered no guidance to trustees in practice. The creation
of the statutory investment criteria and related concepts have effected a great
improvement. However, there remain some problems which have not yet been
resolved.’
Discuss.
END OF PAPER
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LWM07D
UNIVERSITY OF LONDON
To what extent does this view undermine the value of terrorism as a field of study
for the comparative criminal justice policy scholar?
2. ‘The International Criminal Court ensures that those who commit serious human
rights violations are held accountable. Justice helps promote lasting peace,
enables victims to rebuild their lives and sends a strong message that perpetrators
of serious international crimes will not go unpunished.’ (Amnesty International,
2007)
To what extent does the current operation of the International Criminal Court meet
this expectation and why does the study of this Court remain important for the
comparative criminal justice policy scholar?
END OF PAPER
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LWM08D
UNIVERSITY OF LONDON
1. Explain, using Treaty provisions and jurisprudence, the concept of ‘clarity’ in the
context of EU legal certainty.
END OF PAPER
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LWM09D
UNIVERSITY OF LONDON
1. Does corporate theory help us understand company law? Give reasons for your
answer.
2. Should we abolish the UK Corporate Governance Code? Give reasons for your
answer.
END OF PAPER
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LWM10D
UNIVERSITY OF LONDON
1. ‘The judgment of Lady Hale in Stack v Dowden was intended to be a tidying of the
law in this area. However, it left many problems unaddressed. The subsequent
case of Jones v Kernott failed to resolve those problems.’
Discuss.
2. ‘The law relating to ownership of the home – whether based on trusts of homes or
proprietary estoppel – is in a confused state. The best approach for the future
would be legislation which sets the law on a predictable footing for the future. The
difficulty is in identifying a principle which will command respect from a sufficient
number of people.’
Discuss.
END OF PAPER
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LWM11D
UNIVERSITY OF LONDON
1. ‘The enforcement of Articles 101 and 102 TFEU would be considerably weaker
without the involvement of national competition authorities.’
Discuss.
2. ‘At present, Articles 101 and 102 TFEU are enforced effectively in domestic courts
of EU member states.’
Discuss.
END OF PAPER
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LWM12D
UNIVERSITY OF LONDON
POSTGRADUATE CERTIFICATE IN LAWS
POSTGRADUATE DIPLOMA IN LAWS
LLM EXAMINATION
1. ‘The European Court of Human Rights’ activist approach to the right to privacy and
family life secured by Article 8 ECHR has been rightly criticised as being over-
expansive.’
2. ‘The European Court of Human Rights has afforded the High Contracting Parties
too wide a margin of appreciation when assessing interferences with the right to
freedom of thought, conscience and religion as protected by Article 9 ECHR.’
END OF PAPER
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LWM13D
UNIVERSITY OF LONDON
1. Discuss the role of the New Approach in the completion of the internal market.
Comment critically on the view that it exposes consumers and other large, often
relatively unorganised groups, to the lowest common denominator lobbied for by
industry and other small, well-organised groups.
END OF PAPER
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LWM15D
UNIVERSITY OF LONDON
2. ‘But the words of the section are wide and general and... the categories of unfair
prejudice are not closed.’ (Arden J, 1996).
END OF PAPER
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FRANCHISING LAW
END OF PAPER
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LWM17D
UNIVERSITY OF LONDON
1. ‘Financial markets are regulated as to the ways in which they provide information
publicly. Communications with the public must be regulated tightly so as to prevent
inappropriate behaviour. However, it is difficult to know what constitutes
appropriate communication and what constitutes illegal communication. Knowing
how to define that difference is important.’
Discuss.
2. ‘Financial regulation is more effective than the traditional criminal justice system
or the criminal law in controlling misfeasance in financial markets. The objectives
of the two codes are radically different and their effectiveness is equally different.’
Discuss.
END OF PAPER
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LWM19D
UNIVERSITY OF LONDON
2. Critically analyse whether, and if so, how, case law jurisprudence from
International Criminal Law courts adequately addresses sexual violence in
conflict.
END OF PAPER
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LWM20D
UNIVERSITY OF LONDON
1. John has designed a smart phone and seeks your advice as to the legal protection
that might be available for the design of his device. There are no technical
innovations in John’s phone but it has a number of novel features. Its shape is oval
rather than rectangular, it has a translucent plastic casing which is illuminated in
green light when the phone is switched on. The phone also vibrates when an
incoming call is received, the vibrations mimicking the rhythm of a well-known
piece of music.
2. Assess critically the relationship between intellectual property law and the
provisions of competition law prohibiting abuse of a dominant position.
END OF PAPER
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LWM22D
UNIVERSITY OF LONDON
Discuss.
2. ‘It is difficult to define what is meant by the proximate cause rule in relation to
claims under an insurance policy, or to know when this rule does and does not
apply.’
Discuss.
END OF PAPER
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LWM23D
UNIVERSITY OF LONDON
1. Critically evaluate the following in relation to property, privacy and human subjects:
(i) Tissue sampling and collection; and (ii) Population-wide studies.
END OF PAPER
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LWM24D
UNIVERSITY OF LONDON
1. Joachin has invented a new form of processor intended for use in mobile phones.
He claims that the process, running algorithms that he has also developed,
provides mobile phones with a more stable connection to the Internet than is
possible using existing technology.
Joachin does not develop mobile phones himself but makes his income from
licensing use of his technology to producers. He has secured a US patent for his
new processor and has also succeeded with an application for a European patent
valid in 6 countries (including the UK).
Advise Joachin what will be the consequences of his declaring his patent to be
essential?
2. Patent applications have recently been submitted to the European Patent Office
identifying an artificial intelligence program as the inventor of the subject matter.
What objections might such an application face under current patent law?
END OF PAPER
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LWM25D
UNIVERSITY OF LONDON
1. ‘Introducing a market access principle under competition policy risks turning the
latter into an instrument of trade regulation.’
Discuss.
2. In your view, how useful would it be to incorporate competition policy within the
World Trade Organisation (WTO)? Discuss.
END OF PAPER
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LWM26D
UNIVERSITY OF LONDON
1. Critically assess the notions of parody and quotation under EU copyright law. In
your answer, refer to relevant case law by the Court of Justice for the European
Union.
2. ‘Today, following the jurisprudence by the Court of Justice for the European
Union, the notion of what constitutes a communication to the public has become
opaque, especially so with regard to the differences between primary and
secondary liability.’
Critically discuss this statement and refer to case law where relevant.
END OF PAPER
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LWM27D
UNIVERSITY OF LONDON
1. ‘In the European Patent Union, the granting of patents which are contrary to public
policy is now almost fully regulated by the Directive on biotechnology (98/44/EC).’
Discuss critically.
END OF PAPER
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LWM28D
UNIVERSITY OF LONDON
1. ‘Registering, trafficking in, or using a domain name in bad faith with a view to profit
from the goodwill of another party’s trade mark is an activity that is known as cyber
squatting or domain squatting.’
END OF PAPER
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LWM29D
UNIVERSITY OF LONDON
1. ‘The decision of the Supreme Court in Akers v Samba has had a significant effect
on international trusts law. The after-effects of that case will continue to be felt for
many years into the future.’
Discuss.
2. ‘The concept of the trust has been changed significantly by the Hague Trust
Convention so that it will operate effectively in jurisdictions in which the trust is not
native to its jurisprudence. Jurisdictions which have the trust naturally as part of
their jurisprudence will adapt easily. The purpose of the Convention is to make the
trust a device which can be used around the world.’
Discuss.
END OF PAPER
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LWM30D
UNIVERSITY OF LONDON
1. The creation of piracy tribunals in the Horn of Africa clearly suggests that the
international community is weary of exercising universal jurisdiction over piracy
jure gentium.
Critically discuss.
2. Too much attention and far too many resources have been spent on core
international crimes, at a time when transnational crimes threaten the stability of
nations, which in turn lead to potential spill-over effects in neighbouring countries.
Critically discuss.
END OF PAPER
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LWM31D
UNIVERSITY OF LONDON
1. Give an account of the core rights of a patent holder, and discuss exceptions to
these rights under the TRIPS Agreement.
Your answer should refer to relevant articles of the TRIPS Agreement and draw
examples from case law.
Your answer should refer to the relevant Articles of the GATS and draw examples
from case law.
END OF PAPER
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LWM32D
UNIVERSITY OF LONDON
1. Critically explain the main principles underlying the 1992 Helsinki Water
Convention.
2. What are the main principles underlying the 1979 Long–Range Transboundary Air
Pollution Convention and its Protocols? How might they be improved? Discuss.
END OF PAPER
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LWM33D
UNIVERSITY OF LONDON
2. Assess the approach taken by international investment tribunals on the nature and
scope of indirect expropriation, making reference to the key cases in this area.
END OF PAPER
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LWM34D
UNIVERSITY OF LONDON
1. What are the powers and functions of the International Tribunal of the Law of the
Sea? Discuss.
END OF PAPER
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LWM35D
UNIVERSITY OF LONDON
1. Critically assess the children’s rights frameworks which are relevant to armed
conflict.
2. When a child is in conflict with the law, how can the justice system ensure that
their right to a fair trial is protected?
END OF PAPER
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LWM36D
UNIVERSITY OF LONDON
1. ‘It is essential in the interests of uniformity that the interpretation of the Vienna
Convention should always be controlled by the Unidroit Principles.’
2. Best Beans Trading Ltd, a Venezuelan company, sold 3000 tonnes of coffee to
Love Coffee Ltd, an Italian company on CIF (Ravenna) terms. The sale contract
provided for shipment in April 2021. The buyer wanted to sell the goods on and
concluded a contract on similar terms with Super Coffee, also an Italian company.
The seller chartered Super Pacific for shipment of the cargo. However, the loading
operations seriously delayed at Venezuelan ports due to a nationwide haulage
strike. Although the seller could have paid for costly non-unionised drivers, it
decided not to as it would have increased the overall transport cost substantially.
Loading was therefore not completed before 15 June.
The first buyer, Love Coffee paid against tender of the documents, which stated
31 April as date of shipment. When Love Coffee tendered the documents to Super
Coffee, the documents were rejected by Super Coffee. The market price for coffee
has risen sharply since these sale contracts were concluded.
Critically discuss the legal positions of (a) Best Beans Trading Ltd vis-à-vis Love
Coffee Ltd, and (b) Love Coffee Ltd vis-à-vis Super Coffee Ltd., with reference to
CISG.
END OF PAPER
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LWM38D
UNIVERSITY OF LONDON
Critically discuss.
2. ‘The fact that the Court has seldom granted requests to intervene under Article 62
reflects the precision with which it handles disputes brought before it. The
possibility to intervene under Article 62 of the Statute . . . is not an open invitation
to expand an existing dispute between two States into one including numerous
States.’
Critically discuss with reference to the practice of the International Court of Justice
on third party intervention under Article 62 of its Statute.
END OF PAPER
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LWM39D
UNIVERSITY OF LONDON
1. A marine insurer may have a right of contribution against another insurer in the
case of double insurance. Explain and discuss the circumstances in which such
a right of contribution may arise and the circumstances in which such a right of
contribution may be exercised.
2. The vessel Galaxy (‘the Vessel’) was insured by the shipowner against marine
risks under two unvalued policies, one issued by Diplomatic Insurance
Company (‘Diplomatic’) with a limit of US$100,000,000 and the other issued by
Consular Assurance Inc (‘Consular’) with a limit of US$60,000,000. Each policy
insured the vessel for the period of 12 months from 1st January 2020.
On 28th February 2020, the Vessel sustained damage to its propeller by reason
of the Vessel becoming ensnared in a fishing net. The owner repaired the
Vessel at a cost of US$5,000,000.
On 30th April 2020, the Vessel sustained damage to its accommodation block
by reason of a severe hail storm at sea. The shipowner estimated that the cost
of repair at US$4,000,000. The damaged value of the Vessel, following the hail
storm, was US$75,000,000. The shipowner decided to postpone the repairs to
the end of the year when the Vessel was next to enter drydock.
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END OF PAPER
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LWM40D
UNIVERSITY OF LONDON
1. Should MNEs be obliged to transfer technology? Why or why not? How can states
impose this obligation?
END OF PAPER
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LWM42D
UNIVERSITY OF LONDON
Critically examine the role ICSID has played in the development of ISDS and
reflect on current debates on reforming this type of arbitration.
END OF PAPER
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LWM44D
UNIVERSITY OF LONDON
1. Discuss the significance of the State Council as set out in the 2020 amendments
to the Russian Constitution.
Discuss.
END OF PAPER
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LWM47D
UNIVERSITY OF LONDON
1. ‘The fact that CGT has had so many different rates in the last 20 years shows that
the system is not working.’
Discuss.
END OF PAPER
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LWM48D
UNIVERSITY OF LONDON
TELECOMMUNICATIONS LAW
1. How does the International Telecommunications Union (ITU) regulate the use
of radio frequencies? Discuss.
END OF PAPER
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LWM49D
UNIVERSITY OF LONDON
2. ‘Border controls and rules of exhaustion are vital in relation to maintain effective
technology transfer agreements.’
Discuss critically.
END OF PAPER
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LWM50D
UNIVERSITY OF LONDON
1. To what extent do ‘mixed’ legal systems reflect the Roman legal tradition? Discuss.
2. The BGB was finalised in 1901, but to what extent did it reflect the jurisprudence
of an earlier generation? Discuss.
END OF PAPER
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LWM51D
UNIVERSITY OF LONDON
‘In this regard, we recall that the Appellate Body has clarified, in the context of
Article XX of the GATT 1994, that the nature and quality of the discrimination to
be examined under the chapeau of this provision is different from that found to be
inconsistent with the substantive obligations. More particularly, the Appellate Body
has explained that “[a]nalysing whether discrimination is arbitrary or unjustifiable
usually involves an analysis that relates primarily to the cause or the rationale of
the discrimination.” In our view, these findings are relevant also for the assessment
of arbitrary or unjustifiable discrimination under the chapeau of Article XIV of the
GATS.’ (European Union and Its Member States – Certain Measures Relating to
the Energy Sector, Panel Report circulated on 10 August 2018, para. 7.1244)
This approach reflects the practice of WTO dispute settlement bodies to interpret
concepts and provisions found in the GATS similarly to similar or identical ones
found in the GATT 1994.
Justify this practice, by exploring the features and provisions in the GATS that
have their roots in the GATT 1947 (now GATT 1994). Contrast these with
provisions that reflect the specificities of trade in services and therefore may be
subject to GATS-specific interpretations.
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Since the ‘WTO Doha Declaration on the TRIPS Agreement and Public Heath’,
public health has been a major issue in the context of WTO’s rules relating to
intellectual property. In times of the COVID-19 pandemic, it has become an even
more crucial issue.
END OF PAPER
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LWM52D
UNIVERSITY OF LONDON
YOUTH JUSTICE
1. ‘In recent years Nordic states have been influenced by penal practices adopted in
other jurisdictions (e.g. the USA) which adopt a zero-tolerance policy to
delinquency.’ Critically evaluate the above statement with reference to the future
of the penal exceptionalism model.
2. ‘European juvenile justice is moving towards a mixed system that combines both
punitive and welfare elements.’ Critically discuss the claim made in this statement.
END OF PAPER
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LWM54D
UNIVERSITY OF LONDON
LAW OF TREATIES
1. Explain the role of State responsibility when there is a breach of a treaty and its
link to the law of treaties. Substantiate your answer with relevant case-law.
2. Explain and critically assess Article 62 of the 1969 Vienna Convention on the Law
of Treaties (fundamental change of circumstances). Substantiate your answer with
relevant case-law.
END OF PAPER
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LWM55D
UNIVERSITY OF LONDON
2. The ruling of the Court of Justice in Kadi I (Joined Cases C-402/05P and C-415/05
P Kadi and Al-Barakaat) affirms the autonomy of the EU legal order.
END OF PAPER
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LWM56D
UNIVERSITY OF LONDON
1. ‘The current regulation of embryo research has failed to keep pace with
scientific developments and should be reformed.’
Critically discuss, considering the arguments for and against legal reform.
2. ‘The current law relating to surrogacy only works because judges have acted
creatively to avoid disastrous outcomes for children.’
Critically discuss.
END OF PAPER
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LWM57D
UNIVERSITY OF LONDON
Discuss.
2. ‘Without the International Competition Network (ICN), there would have been
extremely limited convergence and harmonisation in the area of merger control.’
Discuss.
END OF PAPER
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LWM60D
UNIVERSITY OF LONDON
2. Does current international law adequately protect the particular problems that
women refugee applicants face? Explain why (not).
END OF PAPER
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LWM61D
UNIVERSITY OF LONDON
1. The vision of social justice has been the main driving force for the work of the
International Labour Organization in the past 100 years. Discuss the tripartite
structure of the organization, its monumental drafting of labour standards and
conventions, and the network of monitoring mechanisms in achieving the social
justice and workers’ rights globally.
2. Identify and discuss the motives and reasoning for establishing the United Nations
High Commissioner for Human Rights and the office of the United Nations High
Commissioner for Human Rights. Has the work of the United Nations High
Commissioner for Human Rights met expectations of the Vienna Conference on
Human Rights held in 1993?
END OF PAPER
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LWM63D
UNIVERSITY OF LONDON
1. ‘Broadcasting rights are bought and sold. Yet they are imaginary.’
Discuss critically.
2. ‘There are two markets for tickets for major events. It is important to maintain
them.’
END OF PAPER
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LWM64D
UNIVERSITY OF LONDON
1. ‘One important and long overdue change to bank supervision and regulation in the
United Kingdom since the Financial Crisis of 2007-08 has been a greater
emphasis on the responsibility of senior managers.’
Discuss.
2. ‘The problem which the United Kingdom, like other jurisdictions, has had to face
is that bank regulation cannot keep up with the speed of change in the financial
markets. This explains why the tendency has been to look backwards to the last
crisis when changing regulation.’
Discuss.
END OF PAPER
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1. Discuss the reasons for including in a syndicated loan terms designed to allow
management of the syndicate, and what issues need to be considered when
drafting these terms.
END OF PAPER
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LWM67D
UNIVERSITY OF LONDON
2. The grounds upon which a court can refuse to recognise a judgment under the
Brussels (Recast) Regulation (EU) No 2015/2012 are incredibly narrow as
demonstrated by C-681/13 Diago Brands, EU:C:2015:471.
END OF PAPER
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LWM69D
UNIVERSITY OF LONDON
1. ‘The English law dealing with unfair and unconscionable transactions of all sorts
is unsuited to modern financial markets. Too often it is financial institutions which
escape with their unscrupulous conduct at the expense of their customers due to
the antiquated nature of these principles.’
Discuss.
Discuss.
END OF PAPER
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LWM70D
UNIVERSITY OF LONDON
2. How do you identify the courts’ jurisdictions in a reinsurance dispute under the
Brussels Regulation Recast, European Parliament and Council Regulation
1215/2012? If there are two sets of proceedings ‘involving the same cause of
action and between the same parties’ how will the jurisdictions of the courts be
determined?
END OF PAPER
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LWM71D
UNIVERSITY OF LONDON
SECURITIES LAW
1. ‘The Listing Principles provide an important system for interpreting the Listing
Rules. Otherwise, the Listing Rules operate solely as a scheme of rigid rules
without any means of adapting to circumstances. Modern financial regulation is
based on flexible principles as well as detailed rules. This combination is
essential.’
Discuss.
2. ‘Corporate governance principles are central to the operation of the Listing Rules.
Investment in companies relies on those companies being well-run in accordance
with the principles of the UK’s corporate governance code.’
Discuss.
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LWM72D
UNIVERSITY OF LONDON
1. Explain and discuss the networks of legal relationships that support payment by
payment cards (including credit cards).
2. ‘In relation to cheques, it is clear that without defences for paying and collecting
banks the business of banking would be rendered impossible. At the same time,
it is important that the protections given to banks are restricted to what is
appropriate.’
Discuss.
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LWM74D
UNIVERSITY OF LONDON
1. ‘Foreign investors and investments are effectively protected under the Energy
Charter Treaty (ECT).’ Critically discuss with reference to case law.
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LWM75D
UNIVERSITY OF LONDON
DERIVATIVES LAW
1. ‘The ISDA derivatives documentation architecture coped very well with the
challenges of the global financial crisis. The ISDA derivatives legal architecture
functions well in practice in general terms. The master agreement, confirmation
and security documents constitute a comprehensive method for regulating
derivatives markets informally.’
Discuss.
2. ‘The scheme for the regulation of derivatives markets which was introduced in the
UK and the EU after 2009 is fundamentally flawed.’
Discuss.
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LWM77D
UNIVERSITY OF LONDON
Discuss.
Discuss.
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LWM78D
UNIVERSITY OF LONDON
(a) the benefits of step-in arrangements to the lenders and key provisions of
direct agreements with the licensor (the Ministry of Energy) and the
contractor under the construction contract; and
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LWM79D
UNIVERSITY OF LONDON
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LWM80D
UNIVERSITY OF LONDON
1. Critically discuss the principal offences of insider dealing in the US and defences
thereto.
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LWM81D
UNIVERSITY OF LONDON
1. ‘Global formulary apportionment is an answer to the problems faced with the arm’s
length valuation method.’
All the states mentioned are signatories to double tax agreements which follow the
OECD 2017 model.
Advise the fiscal authorities of Ruritania, Silvania and Urbania on what actions
could be taken to adjust the profits of L and its subsidiaries in their states.
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LWM82D
UNIVERSITY OF LONDON
ADVANCED TORTS
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LWM83D
UNIVERSITY OF LONDON
Module D: Insurance
1. ‘The rationale for requiring an insurable interest arises from this basic insurance
concept of protecting the insured: if the insured-against event occurs and there is
no loss to the insured due to the lack of “connection”, the purpose of obtaining
insurance was therefore never legitimate – or even presumed to have been
fraudulent in some cases – and the insured party is deemed to have never had an
insurable interest.’
Douds, G. ‘Insurable interest in English marine insurance law: do we still need it’
(2012) 25(2) University of San Francisco Maritime Law Journal 323.
i. Janet went to Sri Lanka on holiday and was given some gems by a gem
merchant to smuggle to England. Janet knew that the gem merchant had not paid
the export duty to the Sri Lankan government. Janet carried the gem stones in her
hand bag. At Dubai airport she had a long wait for the connecting plane and fell
asleep. While she was asleep, a thief stole the gems. Janet discovered the theft
on her arrival in England. She has now made a claim under her holiday insurance
policy issued by Rest Easy Insurance Ltd.
Advise Rest Easy Insurance Ltd. which has discovered that Janet was aware that
export duty had not been paid.
ii. Gina has obtained holiday insurance from Medical Insurance Ltd. In completing
the online proposal form she ticked the box which indicated that she had diabetes,
but did not tick the box for high blood pressure, although she did suffer from it.
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When she was on holiday in India, she suffered a stroke owing to high blood
pressure. She had to spend a month in a private hospital.
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LWM84D
UNIVERSITY OF LONDON
1. Analyse and critically discuss the importance of the reasoning of the International
Tribunal for the Law of the Sea in the Dispute Concerning Delimitation of the
Maritime Boundary between Ghana and Côte d'Ivoire in the Atlantic Ocean.
2. ‘Existing case-law of international courts and tribunals emphasises the need for a
balanced reconciliation between flexibility and predictability in the law relating to
maritime delimitation.’ Do you agree? Substantiate your answer with relevant
case-law.
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LWM85D
UNIVERSITY OF LONDON
Discuss.
2. ‘While many of the drivers and barriers to the adoption of disruptive technologies
in the legal and financial services sectors overlap, the role of the regulator has
been very different and, arguably, has contributed to a wider adoption of FinTech
than Legal Tech.’
Discuss.
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