Lithuanian Abstract: Belgijos Karalystėje akcininkų sutartys yra viena iš populiariausių teisinių sutartinių priemonių, padedanti akcininkams sureguliuoti tarpusavio santykius valdant bendrovę, o Jungtinėje Karalystėje ne taip plačiai naudojamos akcininkų sutartys net nėra...

The debate about the compensation of executives and directors is a discussion about incentives and agency costs. This article analyzes basic tools to reduce agency costs and also assesses the ongoing debate about the future regulation of the compensation of executives and directors. It draws...

In 1986, the European Communities enacted Directive 86/653/EEC on self-employed commercial agents. In the UK, this was implemented into national law in the Commercial Agents Regulations 1993. Over the past 20 years, considerable scholarship has been devoted to commercial agents and a sizeable...

As a result of the current financial crisis, there have been many calls for strict new regulation of over-the-counter financial derivatives. This paper proposes, instead, that we return to the now-voided common law on derivatives and consider them non-legally enforceable gambling contracts...

Civil liability of rating agencies has to strike a balance between over-deterrence and overly lax behavior control. The resulting problems of a capital market freeze and difficulties of proof, as they become apparent in most legal systems and the European Commission's Draft Proposal to amend the...

Lithuanian Abstract: Nors akcininkų sutarties koncepcija bendruoju požiūriu nėra įtvirtinta Lietuvos Respublikos teisės aktuose, tačiau tam tikrų specifinių akcininkų sutarčių teisinis reguliavimas yra nustatytas Civiliniame kodekse. Šiame straipsnyje autorius detaliai nagrinėja...

Clearinghouses are systemic nodes in financial markets that handle trillions of dollars’ worth of transactions. Yet, these critical market infrastructures stand on fragile foundations. The Dodd-Frank Wall Street Reform Act of 2010, the sweeping financial reform that followed the 2008 financial...