This study investigates the determinants and trading performance of outside directors’ equity deferrals, which represent the choice to convert part or all of their annual cash compensation into deferred company stock. Using a large sample of S&P1500 firms that allowed directors to defer their...

This study investigates the determinants and trading performance of outside directors' equity deferrals, which represent the choice to convert part or all of their annual cash compensation into deferred company stock. Using a large sample of S&P1500 firms that allowed directors to defer their...

Cross-border insolvency cases are at the cutting edge of international litigation of all kinds. They are generating remarkable developments in doctrine and in systems cooperation. In re Nortel importantly develops a new and important approach to corporate groups that may compel pro rata...