This paper attempts to identify the salient economic features of M&A transactions that are relevant to takeover regulation. While attainment of the optimal mechanism in every instance may not be possible, we have suggested general guidelines as to how takeover regulation should move towards the...

This paper sets out the decision of the UK Supreme Court in Asset Land Plc v FCA [2016] UKSC 17 where it was held that the land banking scheme there required authorization as a collective investment scheme. The HK definition is quite similar as to how authorisation works in practice which is...

According to some economists, the deglobalization of the world has commenced. While that is true of trade and of ideas, it may not reflect the experience of existing companies undergoing restructuring which have in a sense been locked into a previous matrix where its assets and stakeholders were...

Jim Chanos has said that the time is ripe for fraud given the large valuation increases in financial assets, technology and now significant declines due to inflation and even more so the crypto winter. There are also extreme inequalities which provide the right conditions for some planning to...