...troubling innovations in property law. 
Presumption of gift, abandonment, or conversion? A first-year law exam question, with international features. Governing law is MA USA. Discuss.
No extra points will be awarded for consideration whether debonair entrepreneurial panache requires Patriots' owner Kraft retrospectively to declare the item a gift.
Via The Corner
Update: Kraft now reports that the ring was a gift reflecting "respect and admiration" for the Russian leader.
To present such piece of bling-bling, gauche in design as only could be appreciated by the former "student athletes" of the National Football League or, say, a "gangsta crew" ... was it an act of sardonic intent? Or did Pooty-poot just lift the ring, expecting the usual bribery to be in his lofty company? A "Mr. Crass" contest between an NFL owner and a semi-Stalinoid functionary of a quietly imploding former police state, and the outcome was ... a draw!
Posted by: Jeff Hull | June 29, 2005 at 09:03 PM
Thank you for focusing on the Bling-y specifics. We are proud of our tiny scoop to have provided an illustration of the Akchwal Ring from Patriot archives. The Grown-up Journalists so far as we saw had only a picture of Mr. Putin, looking a bit guilty.
Posted by: dilys | June 29, 2005 at 11:02 PM