Balancing Acts: How to cope with major catastrophes, particularly in the financial crisis

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We are on the eve of the materialisation of a series of major global risks. They pose unprecedented challenges, also for lawyers. If society at large does not change course radically, many people will be adversely affected. Traditionally, lawyers focus on ex post remedies. While that may be unavoidable in relation to the run-of-the-mill cases, it is not the most promising approach in relation to the colossal damage that will be caused by the looming global crises if we stick to business as usual. This contribution advocates a shift of paradigm. I doubt whether damages is a serious option. Instead, we should focus on preventive remedies.
Original languageEnglish
Pages (from-to)223-239
JournalJournal of European Tort Law
Issue number2
Publication statusPublished - 1 Jan 2013

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