Administrative / Practical Cases section

The Jurisdiction of the International Court of Justice (ICJ) is important in the context of maintaining international peace and security. This is also the primary purpose of the United Nations (UN). The ICJ is the principal judicial institution of the UN which has jurisdiction to settle disputes between States that have consented to such jurisdiction.

Commercial companies in Albania play an important role, but thanks to our considerable resources they can also play a role in the European market. For the purpose of the approximation of the Albanian legislation to the European one, Albania has passed the law on cross-border mergers of commercial companies, so that steps and procedures of mergers of Albanian and European commercial companies can be set.

Ownership as a fundamental human right and its proper administration have encountered many difficulties in these twenty-five years of market economy. This is also a result of most citizens not being familiar with the law and the lack of the culture of consulting lawyers or law professionals in general.

This article examines the right to use industrial property rights which represent a high value asset for companies, as good source for access to financing. The first paragraph provides a brief explanation on IP rights recognized under the Albanian legislation and the mechanisms for securing financing on the bases of such intangible property rights.