This Article addresses the intersection of corporate social responsibility and corporate compliance. In this context, the focus of this Article is on regulation that seeks to enhance socially responsible corporate conduct and its implications for the compliance function. Social responsibility...

Puerto Rico, as a quasi-sovereign U.S. territory, is confronting a debt crisis of unparalleled legal complexity. This article analyzes the collective action problems in sovereign debt finance in the context of Puerto Rico's quasi-sovereign debt dilemma. We examine how sovereign debtors engage...

This article analyzes the role of corporate in-house counsel in compliance. The rise of corporate counsel — most prominently, the Chief Legal Officer — has been accompanied by the growing demands of regulatory compliance and the emergence of the compliance profession. We examine the...

This Article analyzes the use of international trade law by American companies as part of a broad-based legal strategy to protect their commercial and investment interests in the increasingly knowledge-based global economy. It focuses on Section 337 of the Tariff Act of 1930, which provides...

The global sovereign debt market, lacking a formal bankruptcy regime or binding regulatory oversight, is fundamentally shaped by the specter of conflicts between debtors that refuse to pay and holdout creditors that refuse to settle. Never was this more evident than in Argentina's most recent...

The unique characteristics of sovereign debt finance provide fertile ground for opportunistic behavior and intractable disputes among states and their creditors. Lacking reliable contractual enforcement mechanisms and formal bankruptcy procedures, the sovereign debt restructuring process is...

The COVID-19 pandemic highlights the importance of the Federal Reserve as a leading actor in global economic governance. As a creature of U.S. domestic law with an international presence and operational independence, the Fed wields authority without a well-defined international legal status,...

The formal arrangements for the governance of international monetary and financial crises have remained reasonably stable over the past 40 years, but the identity of the leading actors, has changed. Over this period, the role of the largest central banks – first and foremost, the US Federal...

Demand for corporate non-financial “environmental, social, and governance” (ESG) information from investors and governments is on the rise globally, and leading securities regulators and stock exchanges worldwide now encourage or mandate its disclosure by large firms. However, rising demand...

A publicly-held corporation maintains a system of governance through separation of ownership and control of the firm. Under this framework, corporations attract capital and repatriate profits to their shareholders under the authority vested in the board of directors. However, significant...