Do UK Companies Make Use of Corporate Mobility Instruments to ‘Escape’ Brexit?
Is there an impact of Brexit on corporate mobility in the form of companies incorporated in the United Kingdom making use of as cross-border mergers, conversions, divisions or seat transfers…
The New Paradigm
With the adoption this week of The UK Stewardship Code 2020, to accompany The UK Corporate Governance Code 2018, the UK Financial Reporting Council has promulgated corporate governance, stewardship and engagement principles…
Venture Capital in China and India: Does Business Form Matter?
Venture capital funds are widely recognised as performing a crucial intermediation role in the start-up sector, as they are capable of pooling capital from various investors, both individual and institutional,…
Beyond the Zero Lower Bound: Negative Rates and Bank Lending
Given the secular decline of real interest rates around the world, negative policy rates are likely to become a more prevalent feature of the financial landscape. Hence, whether and how…
Disciplining Outsiders in UK Takeover Transactions–Ruling of the Hearings Committee on Dave King
Perhaps the most attractive aspect of the UK system is the ability of the Panel on Takeovers and Mergers (the Panel) to regulate the takeover landscape without interference from other…
Repos and Resolution 2.0
Just a month ago, the Federal Reserve pumped USD 75b into the financial markets on 15 September and the two following days. This extraordinary measure was taken to address a…
Reprofiling Today for a Sustainable Tomorrow: A Unilateral Italian Debt Restructuring
Italy has €2.4 trillion of debt. Should it ever find itself in pressing need of restructuring it, traditional avenues for sovereign restructurings could not be used because of a number…
Autonomous Legal Entities are Already Possible Under American Law
If you ask a hundred lawyers whether a software system or a robot can buy a house or file a lawsuit, all of them would be likely to answer ‘no.’ …
SL Claimants v Tesco plc: High Court agrees with ‘Intermediation and Beyond’ that a Claim Under s.90A FSMA Lies in Respect of Intermediated Securities
The increasing use of intermediation in the holding of securities creates both advantages and disadvantages for issuers and investors and has implications for the operation of the capital markets as…
The Road Towards Good Bankruptcy Governance: A Comparative Law and Economics Perspective
In my paper ‘The Road Towards Good Bankruptcy Governance: A Comparative Law and Economics Perspective’ (published in the conference proceedings booklet ‘Party-Autonomy and Third Party Protection in Insolvency Law’ (J.L.L…
