We examine the spillover effect of fraud allegations against Chinese companies that became public through reverse mergers (CRMs) instead of IPOs. Both short sellers and regulators took active interests in the frauds allegedly perpetrated by CRMs. Once the public became alarmed by the frequency...

This study of Ferranti in its last six years of a long history provides a detailed exposition of the British and American businessmen who combined to terminate one of the UK's leading defence electronics firms. Involving action in the Middle East, South Africa and Pakistan, as well as the UK and...

Raiding along with corruption is the number one problem in Russia. Raiding is a hostile takeover that manifests a fight for property or other valuable assets that often involves corruption and fraud. In addition to production facilities, real estate and land are major targets of raiders. Raiding...

In those states that have a high regard for the sanctity of contract, a well-crafted waiver of reliance provision can effectively eliminate the specter of a buyer's post-closing fraud claims based upon alleged extra-contractual representations of the seller or its agents. But undefined “fraud...