This article analyzes the phenomena associated with cyclical real estate markets, discussing the theoretical and market influences which motivate developers during this cycle. Fluctuating commercial real estate markets necessitate a focus on market upswings and downswings, and consideration of the roles and motivations of a wide array of actors, ranging from industry analysts and developers to lenders.  Legal considerations, particularly during real estate downturns, or busts

The proposed purchase of a British company that controlled several ports in the United States by Dubai Ports World could accurately be described as one of the most politically contentious acquisitions in U.S. history.  The transaction raised questions not only about U.S. foreign investment laws but provoked national security concerns, as well.  Similar issues were raised more recently during the acquisition of a share in Nasdaq by the Dubai stock exchange.  In the same vein,

Concern over the loss of sea ice has renewed discussions over the legal status of the Arctic and subarctic transcontinental maritime route connecting the Atlantic and Pacific Oceans, referred to as the “Northwest Passage.”  Over the past thirty years, Canada has maintained that the waters of the Passage are some combination of internal waters or territorial seas.  Applying the rules of international law, as reflected in the 1982 United Nations Law of the Sea Convention, sugge

From Martin Frobisher in 1576 to John Franklin in 1845, generations of European explorers searched for a navigable route through the Arctic islands to Asia.  Their greatest challenge was sea-ice, which has almost always filled the straits, even in summer.  Climate change, however, is fundamentally altering the sea-ice conditions: In September 2007, the Northwest Passage was ice-free for the first time in recorded history.  This Article reviews the consequences of this develop