Williams for helpjid advice and comments. Bruce Ackerman deserves special gratitude for contributions to both the Article and its subject matter. Faults are mine. I. The difficulty lies in identifying, or stipulating. what counts as a "retroactive" effect. Courts have distinguished between "primary" and "secondary" retroactivity, of which the former alters the pas/legal effect of past conduct, and the latter only thejzaure legal effect of past conduct.
citing Aristotle's Nicomachean Ethics as an example of "the tension between the need for legal certainty and predictability, on the one hand, and the desire for flexible, equitable, individualized solutions on the other"). 4 Reese's article, as I will discuss, was also geared toward a particular moment: the writing of the Second Restatement. See infra section 3.4. In a sense, then, this chapter seeks to update his.
More than forty years after the Second Restatement of Conflict of Laws, the American Law Institute (ALI) has begun work on a Third. Forty years is a long time, and the magnitude of the gap since the Second Restatement is itself a reason to think a Third is appropriate. But there are other reasons that it is time for a Third. In this essay, we want to explain why we think American choice of law has progressed to the point that a new Restatement is appropriate, and also, and relatedly, what we hope the Third Restatement can achieve.These are our views, not those of the Ali, the Advisers to the Third Restatement, or even the other Reporters. It is simply our understanding of the significance of where we are in American conflicts scholarship and practice and where we might hope to go.
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